Sea level rise is eroding home value, and owners might not even know it

The following article by John Tibbetts and Chris Mooney was posted on the Washington Post website August 20, 2018:

Elizabeth Boineau stands on her dock at Edisto Island in South Carolina on Aug. 13. Flooding damaged her home in Charleston’s historic district and has threatened her property value. Credit: Hunter McRae for The Washington Post

 Elizabeth Boineau’s 1939 Colonial sits a block and a half from the Ashley River in a sought-after neighborhood of ancient live oaks, charming gardens and historic homes. A year ago, she thought she could sell it for nearly $1 million. But after dropping the price 11 times, Boineau has decided to tear it down.

In March, the city’s Board of Architectural Review approved the demolition — a decision not taken lightly in Charleston’s historic district.

“Each time that I was just finishing up paying off the bills, another flood would hit,” Boineau said.

View the complete article here.