Charleston · Other

Does flood risk hurt my Hanahan sale price?

Flood risk affects a Hanahan home's marketability mainly through insurance cost and buyer financing, not through a fixed price penalty that applies everywhere the same way. A property in a higher-risk flood zone can face steeper insurance premiums and stricter lender requirements, which some buyers factor into their offer. Brian can tell you how comparable sales in your specific flood zone have actually performed rather than guessing at a discount.

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