"They're literally attached to each other, yet their risk profiles range from minimal to major. Clearly, a parcel-by-parcel scoring system isn't ready for prime time when four houses get assigned wildly different scores like this. More importantly, what does that climate risk score actually measure? First Street defines flood risk as the likelihood of 1 inch of water reaching the building footprint of a home at least once within the next 30 years. One inch."
"When expert witnesses propose scientific evidence in litigation, courts apply what's known as the Daubert standard: Is the methodology reliable? Does it help the jury decide the issue at hand? And, critically: does its potential to confuse or prejudice substantially outweigh its usefulness? Courts have long recognized that evidence wrapped in the authority of science can mislead even intelligent people when it's oversimplified or misapplied."
Four attached row houses on the same block received widely varying flood risk scores: 6, 4, 1, and 3. First Street defines flood risk as the probability that one inch of water will reach a home's footprint at least once within the next 30 years. Homebuyers typically associate labels like Major Flood Risk with catastrophic events, ruined basements, and destroyed HVAC systems, not a one-inch threshold. Many shoppers see only summary scores and do not view full reports. Courts use the Daubert standard to assess scientific evidence for reliability, usefulness, and risk of prejudice, and these scores fail that test.
Read at www.housingwire.com
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