Flood Zones: What You Need to Know Before Buying a Home
When it comes to buying a new home, the location is one of the most important factors.
It’s not just about finding a neighborhood you want to live in—it’s also about making sure that your home is located in an area safe from crime, are the local schools clean and safe, is the home prone to wild fires or other natural disasters such as floods.
If you’ve been house hunting recently, you might have come across the term “Flood Zone AE.”
But what does that mean?
Lets look at flood zone AE and why it matters when buying a new home.
What Does Flood Zone AE Mean?
The letters AE stand for “Area of Special Flood Hazard” and indicate that a property is in a higher-risk flood zone.
In other words, this property has an increased chance of flooding due to its proximity to bodies of water or its in low-lying areas.
The Federal Emergency Management Agency (FEMA) identifies these areas with detailed maps available online for anyone to view. (see this link).