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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Mon, 17 Oct 2005 07:01:20 -0500
/ Author of the message: "John A. Weeks III" |
Title of the message: |
Re: Walking Path impact on real estate value
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Text of the message: |
In article <1129522179.374358.65100@g47g2000cwa.googlegroups.com>, bill.brennum@grainger.com wrote: > I reside in a subdivision that is being offered a connection entrance > to walking/biking path being built in a neighboring forest preserve. I > have been told that it will decrease not increase property values in > our neighborhood. Does anyone know of a study/studies that provide > data on that. I had something like this happen to a friend. They closed on a lot, and the builder never told them that a walking path (one connected to a regional trail system) was set to run along the end of their lot. They were pretty paranoid and upset about it, but liked the house so much that they ended up not going to court over it. They planted a hedge row along the path to block off the view to their property. The city got a bit upset over it, but in the end, there was nothing that the city could do about it--the hedge stayed. |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.