Affordability and location often outweigh climate concerns for many homebuyers. In some areas, homes with severe or extreme risks are priced significantly lower than safer properties. For example, in Santa Clara County, California, high-risk homes are priced at 78% of the cost of lower-risk homes per square foot. Similarly, in Los Angeles County, high-risk homes are priced at 75% of safer homes and attract more online views. However, in certain markets like Maryland and Texas, high-risk homes may even command a premium due to desirable features like waterfront access or scenic locations.