Petrolia, Daniel R.
Maples, Joshua G.
Date of Degree
Original embargo terms
Complete embargo for 6 months||forever||5/15/2021
Graduate Thesis - Open Access
Master of Science
College of Agriculture and Life Sciences
Department of Agricultural Economics
Due to the serious impact wind damage has on homes in the Gulf Coast region, policy makers, community developers, and homeowners are seeking ways to lessen impacts. One potential tool to increase properties’ resiliency in the event of a periodic and catastrophic event is wind mitigation, the process of adding features to a building, i.e. a house, to increase the strength of the structure amid a storm such as a hurricane. In this research, I evaluate the tiers of FORTIFIED homes as the mitigation strategies. I use Zillow ZTRAX and Institute of Business and Home Safety data to estimate how each level of FORTIFIED home designation affects property value. The results show FORTIFIED Gold designation on a new home has a 0%-8.4% increase on property value. I place my finding into a BCA of FORTIFIED designation to evaluate how this one benefit fits into the greater picture.
Gould, Leslie, "The effect of FORTIFIED home designation on property value" (2020). Theses and Dissertations MSU. 4348.