Is a property at risk if seas rise? More buyers want to know

The usual checklist before businesses buy a piece of property includes looking at what kind of taxes they’ll have to pay, who the neighbors are and whether there is good space for parking.
In South Florida, there’s a new box some buyers may want to check: What will that parcel look like when sea levels rise?
New Silicon Valley startup Jupiter – boosted by $10 million in venture capital funds – will soon arrive on the South Florida scene to test its climate change calculating software. The product looks like a customized Google Maps screen but with options for different sea-rise scenarios rather than directions to the nearest restaurant.
The arrival of a well-funded, high-tech venture signals an emerging market for climate change data in a region that will be at ground zero for impacts. At least one homegrown consulting company is already in the business of breaking down potential climate change risks for clients.
Read the Full Article…
Find Beachfront Properties in SW Florida…

Author: Dominick Tascher Group - Blog

Naples to Estero Real Estate Blog by Dominick Tascher Group at MVP Realty brings to the public the latest information about real estate news and trends, market reports, new communities and also topics related to living in the paradise of SW Florida; Naples, Bonita Springs, Estero and South Fort Myers.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.