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Articles on property value

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A motorist stops to survey the damage to a washed-out roadway near McKay Section, N.S. on July 23, 2023. A long procession of intense thunderstorms dumped record amounts of rain across a wide swath of Nova Scotia, causing flash flooding, road washouts and power outages. THE CANADIAN PRESS/Darren Calabrese

Flood risk mapping is a public good, so why the public resistance in Canada? Lessons from Nova Scotia

Public concerns for real estate value, and a focus on the self, make flood risk maps unpopular. However, these concerns should not dissuade governments from providing resources we can all trust.
A cabin is illuminated by firetruck lights as the Caldor Fire burns near Lake Tahoe in California on Aug. 31, 2021. Wally Skalij/Los Angeles Times via Getty Images

A new ratings industry is emerging to help homebuyers assess climate risks

Private companies rate all kinds of investments, from stocks to used cars. Now, they’re starting to analyze climate risks to local real estate – but how reliable are their findings?
In Victoria, the Andrews government’s level crossing removal project has lifted property prices by up to 28% around sites where work has been completed. Tracey Nearmy/AAP

Rail works lift property prices, pointing to value capture’s potential to fund city infrastructure

Value capture depends on infrastructure increasing the value of affected areas in the first place. Victoria’s level crossing removal project shows the impact on property values can be significant.

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