Updated 10 months ago on . Most recent reply
Weather Impact on Deal Analysis
Hello! I am wondering how much expected weather of an area impacts your decision to invest in a specific area.
Recently looked at Census data which shows that people are predominantly moving to Florida and Texas. Redfin shows that properties in this area are at risk of at least Heat and Wind advisories, some also seem to be highly susceptible to flooding. For reference, Dallas will show something like 26% chance of high winds (3 seconds with wind speeds above 50 MPH) in the next 30 years, for most available properties.
Does anyone take this info into consideration when looking at a rental market or is such analysis unnecessary? I am not so much worried about this year but thinking about how easily I could sell a potential property in 10-20 years.