Integrating Climate Risk into Valuation and Mass Appraisal
Presentation Category
04 APPRAISING PROPERTY
General Session Description
This study quantifies how climate risks, such as sea-level rise and wildfires, are capitalized into property values using a Difference-in-Differences (DID) model. We identify ‘climate gentrification’ where demand shifts toward resilient assets, creating vertical inequity in mass appraisal by overvaluing high-risk properties.
Audience Expertise
General Interest (Appropriate for all experience level)
Location
Macleod E2
Start Date
10-15-2026 11:00 AM
End Date
10-15-2026 12:00 PM
Integrating Climate Risk into Valuation and Mass Appraisal
Macleod E2
This study quantifies how climate risks, such as sea-level rise and wildfires, are capitalized into property values using a Difference-in-Differences (DID) model. We identify ‘climate gentrification’ where demand shifts toward resilient assets, creating vertical inequity in mass appraisal by overvaluing high-risk properties.