Why Climate Resilience Is the Next Big Factor in Real Estate
Hi, I’m Maiyah Jimenez, a real estate broker with 11 years of experience helping clients and investors make smart decisions in an ever-changing market. One of the most important trends shaping real estate right now is the growing focus on climate resilience—how well a property can withstand environmental risks like floods, fires, and rising insurance costs.
Why This Matters for Professionals and Clients
For real estate professionals, this is about staying ahead of the curve. ASTM International recently introduced a new standard called the Property Resilience Assessment (PRA). It gives brokers, investors, appraisers, and lenders a framework to evaluate climate-related risks, much like how we already use inspections or appraisals in due diligence.
For clients and homeowners, this means when you buy, sell, or invest in a property, you’ll increasingly hear conversations around flood zones, wildfire risk, and long-term insurability. Properties that are more resilient to these risks often retain higher value and appeal to a wider buyer pool.
What This Means for Buyers and Sellers
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For Buyers: You’ll want to know not only about square footage and upgrades but also about how the home is protected against climate-related issues. Asking these questions up front can save money and stress down the line.
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For Sellers: Highlighting a property’s resilience—whether through upgrades, mitigations, or favorable location—can be a strong selling point.
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For Investors: PRA-style reports can help identify properties worth holding onto long term, versus those that may need additional improvements to stay marketable.
How I Approach This as Your Broker
I’m committed to helping my clients think beyond the surface. When I evaluate properties, I consider not only the comps and condition but also how future-proof a home is. By staying educated on tools like PRA, I can guide you toward properties that are both a great fit today and a smart investment for tomorrow.
Final Thought
In today’s market, climate resilience isn’t just an industry buzzword—it’s a factor that directly affects property value, insurance, and peace of mind. Whether you’re a fellow real estate professional looking to stay competitive, or a client planning your next move, understanding resilience will be key to making confident, informed decisions.
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