CoreLogic Analysis Shows More Than 200,000 Homes in Texas at Potential Risk of Storm Surge Damage from Hurricane Harvey

—Reconstruction Cost Values Total Almost $40 Billion—

IRVINE, Calif. — (BUSINESS WIRE) — August 24, 2017 — CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released data analysis which shows that 232,721 homes along the Texas coast with a reconstruction cost value (RCV) of approximately $39.6 billion are at potential risk of hurricane-driven storm surge damage from Hurricane Harvey, based on Category 3 predictions. Current projections do not expect Hurricane Harvey to exceed a Category 3 storm.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170824006344/en/

Total Number and RCV of Residential Properties for Hurricane Harvey (Graphic: Business Wire)

Total Number and RCV of Residential Properties for Hurricane Harvey (Graphic: Business Wire)

The table below shows the total number of properties at risk of storm surge damage for each of the five hurricane categories as well as the accompanying RCV for the Core Based Statistical Areas (CBSAs) located along the Texas coast that could potentially be affected. The RCV is the cost to completely rebuild a property in case of damage, including labor and materials by geographic location, assuming a worst case scenario at 100-percent destruction.

Total Number and RCV of Residential Properties for Hurricane Harvey

Categories represent cumulative totals

CBSA    

At-Risk

Homes

    Cat 1     Cat 2     Cat 3     Cat 4     Cat 5
Bay City    

Total Homes

at Risk

    1,539     2,482    

4,213

    4,507     4,737
     

Total RCV

   

$199,720,425

   

$324,652,618

   

$574,205,313

   

$618,164,094

   

$654,399,578

Beaumont-

Port Arthur

Total Homes

at Risk

    8,006     38,259    

75,567

    101,754     117,645
     

Total RCV

   

$992,144,728

   

$5,856,970,623

   

$12,081,775,805

   

$16,415,613,650

   

$18,987,325,909

Corpus

Christi

Total Homes

at Risk

    4,341     14,784    

34,802

    57,640     76,242
     

Total RCV

   

$729,597,679

   

$2,614,403,134

   

$6,172,039,671

   

$10,267,141,322

   

$13,665,695,670

Houston-The

Woodlands-

Sugar Land

Total Homes

at Risk

    24,398     52,928    

118,138

    190,939     283,380
     

Total RCV

   

$3,851,603,902

   

$8,200,894,257

   

$20,820,079,983

   

$36,464,099,616

   

$53,376,561,689

Victoria

Total Homes

at Risk

    0     0    

1

    13     32
     

Total RCV

   

$0

   

$0

   

$167,096

   

$1,573,750

   

$5,141,760

                   

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