CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released data analysis for single-family and multifamily homes at risk of storm surge damage from Hurricane Ida, which is expected to be a major landfalling hurricane on Sunday evening, August 29, with a projected Category 4 status. The central Louisiana coast is at risk of bearing the brunt of Hurricane Ida’s extreme storm surge potential, with a total of 941,392 homes in the Louisiana, Alabama and Mississippi coastal areas exposed to storm surge damage. These homes have a combined reconstruction cost value (RCV) of approximately $220.37 billion. These estimates are based on the August 27 National Hurricane Center 5 p.m. EDT forecast.
This analysis includes the total number of homes and RCVs by metro area within the cone of uncertainty. CoreLogic continues to monitor the progress of Hurricane Ida and will provide updates as the situation unfolds.