How Much is My Home Worth? – Cairns
For many homeowners trying to determine how much your home is worth can be an emotional and stressful thing to do, and it does not generally include a conversation about the local climate. However, maybe it should. Depending on where you live your local climate could be impacting how much your home is worth, simply because of the difficulties or dangers that it can bring.
The city of Cairns experiences what is called a tropical climate, more specifically a tropical monsoon climate. This means that the city of Cairns experiences a severely wet season with heavy and sometimes dangerous monsoonal downpours between the months of November to May. This is typically followed up by a relatively dry remainder of the year, from June to October experiencing dramatically lower precipitation levels. The city of Cairns’ average annual rainfall is 2,015.9 mm (79.4 in). The city tends to experience hot, humid summers and milder temperatures throughout the winter. Like much of Northern Queensland, Cairns has been hit by tropical cyclones over the years. These tend to take place between the months of November and May. Some of the most damaging cyclones that have hit the city of Cairns are: Cyclone Justin (1997), Cyclone Rona (1999), Cyclone Steve (2000), Cyclone Abigail (2001), Cyclone Larry (2006), and Cyclone Yasi (2011).
Although the city has experienced it’s fair share of cyclones, and has over the years sustained some damage from it, overall the tropical monsoon climate that the city of Cairns is under has not negatively impacted the city’s growth, or how much homes are worth to a noticeable extent. Actually, in a way the cyclones have helped to boost the tourism industry, with some people being curious of how the city has changed following the storms. The job opportunities that have been created through and because of the tourism industry have helped to create a demand for real estate in and around Cairns, increasing how much homes are worth. Cities, like Cairns that have a strong industry such as tourism, and have new jobs being developed on even a somewhat regular basis are able to create a higher demand for real estate than cities that do not.
If you are a homeowner that is curious as to how much your home is worth, definitely consider the way that the climate that you live in has impacted the way that you live, and your quality of life. Cities that have extremely dangerous climates such as dangerously cold or hot weather, cities that are hit by severe or deadly storms on a regular basis, or cities that have climates that do not allow for farming or agriculture to take place have much lower answers as to the question of, “How much is my home worth?” Although it might not be your first instinct to do so, taking your local climate into consideration can provide you with a good look at what about your city attracts new and perspective homeowners, and what does not. For homeowners, or someone looking to buy a home, it is important to remember that how much a home is worth depends very much on the safety of the local climate, and the way that it impacts the lives of people around the city. People want to live in areas that they know are safe, controlled, and developing, and while with climate you can never really know that you will not be hit by a severe storm, most people like to follow the trends, and invest in real estate in cities like Cairns, where the climate seems to benefit the resident’s quality of life.