More than $265 million in real estate in Greater Hartford could be threatened by even a minor hurricane, according to new data released today.
According to property analytics firm CoreLogic, 7,730 Greater Hartford homes with a reconstruction cost value (RCV) of $2 billion are located within storm surge risk zones this year. Of those homes, 1,023 are designated in the “extreme” risk zone, meaning that they would be affected by all hurricane category levels and would have an RCV of $265.5 million.
Connecticut overall has 6,997 homes in the extreme risk zone and 67,602 homes that potentially could be affected. The CoreLogic RCV is based on an assumption of 100 percent damage to homes. Connecticut’s total RCV is projected to be $22.4 billion.
CoreLogic examines risk from hurricane-driven storm surge for homes along the Atlantic and Gulf coastlines across 19 states and the District of Columbia, as well as for 88 metro areas. Homes are categorized among five risk levels, including low, moderate, high, very high and extreme.
