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Climate Resiliency Features

 

What might be the next biggest home amenity......climate resiliency features?  Already they are popping up in listing descriptions. Climate-resilient features that might have once been considered architectural frills are now helping commercial real estate owners lower property costs in the long-term. Commercial real estate properties have seen insurance rates rise an average of over 7% since 2017.....and the savings are not just possible for insurance:  resiliency features can lower operating costs too. According to a ULI case study, a south Florida resort saved an estimated $500,000 in annual insurance premiums because it integrated hurricane-proof windows, located its electrical units above storm-surge zones and installed other climate resilience measures. (CNBC)

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