Report: 86K-plus Homes at Some Risk Level in Southern California Wildfires
A total of 86,242 homes in Ventura and Los Angeles counties with a combined reconstruction cost value of $27.7 billion are at some level of risk from the Thomas, Rye and Creek Wildfires, according to a CoreLogic report issued on Friday.
Of the total at-risk homes, 13,526, or 16 percent, with an estimated reconstruction cost value of more than $5 billion are at significant risk of damage, falling in the high and extreme risk categories, according to CoreLogic.
The reconstruction cost values, or RCV, represent estimates to rebuild the home, taking into account geography, labor and materials and are based on total destruction.
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