Climate House Hunting: Local Heroes
The week’s buzziest real estate listings, ranked by climate risk.
Glued to real estate posts on The New York Times, The Wall Street Journal, Dwell, or Architectural Digest and wondering how those gorgeous homes will hold up in the next decades? I have you covered.
Heatmap has partnered with my new climate risk platform, Habitable. Every Friday, we add a climate risk score to the real estate listings featured in the news this week and ask: Could you live here as the climate changes?
Using a model developed by a team of Berkeley data scientists at Climate Check, Habitable scores each property for heat, flood, drought, and fire risk on a scale of 1-10. One represents the lowest risk and 10 is the highest. Our rating for each hazard is based on climate change projections through 2050. (You can check your own home’s climate risk here.)
For today’s edition, I apply the Habitable Index to check the climate risk of houses that are local heroes — star listings in locations on the outskirts of major cities. What’s interesting is that across the country buyers are still spending big for risky properties although there are some surprises and exceptions.
1. New Jersey
Controversial quarterback Aaron Rodgers will have nothing to get riled up about in his new Montclair, New Jersey, home during his first season with the New York Jets. The brand new house listed for $11 million (he bought it for $9.5 million) has an overall low climate risk with nothing to worry about besides moderate drought and heat.
The newly renovated childhood home of U.S. Poet Laureate and Pulitzer Prize-winning author Conrad Aiken in a historic Savannah neighborhood is picture perfect and recently listed for $4.9 million. Brand new interior upgrades highlight the historic details. The climate risk is focused on the high heat typical to southern Georgia, which is not bad, all things considered.
This house and location is spectacular! On a private peninsula on Lake Minnetonka in Minnesota, there are views from every room in the house and also from the lighthouse.
But habitable it is not. Not only will the long private driveway leading to the beautiful stone home likely be underwater, it’s probable the multiple decks, porches, and patios that maximize outdoor living will be too.
A record-breaking sale makes Copper Beech Farm in Greenwich the most expensive home ever sold in Connecticut. On 50 acres, the land includes a mile of uninterrupted beach on the Long Island Sound. The historic mansion has nine fireplaces and gorgeous old trees which may contribute to the low heat risk. But with a 9/10 extreme risk for flooding, it’s a high price to pay.
Carol Wood Partners
Texas’ highest priced residential home was just listed outside Houston for $65 million. "The Lodge in Hunters Creek" is Texas-sized (22,000 square feet) and includes a personal 24-hour guard house. I have to admit, the house and the setting and landscaping is stunning. But gosh that is a lot of money to pay to live with the most extreme heat and flood risk with a little drought and fire risk thrown in.