Submitted by sheila9165milo t3_10w3xgc in newhampshire
invenio78 t1_j7miikt wrote
Reply to comment by [deleted] in Dover builds tiny home neighborhood by sheila9165milo
It will have an influence on the home values in the neighborhood so it is a concern for the residents of that area. It will also influence tax collection and the cost of services to the town which can be $10,000's per family if they have kids in the school system.
So it can have an effects on others.
Tai9ch t1_j7mtkid wrote
> It will have an influence on the home values in the neighborhood so it is a concern for the residents of that area.
Not only is this argument absurd, the social norm that people can make this argument without being laughed out of the room is also absurd.
invenio78 t1_j7mv4wx wrote
I can't tell if you are serious? You really think your neighbors' homes has no influence on your home value?
I have to ask, are you a home owner? Your statement seems really out of touch with the realities of home appraisals and realestate evaluation.
Tai9ch t1_j7n3g6b wrote
> You really think your neighbors' homes has no influence on your home value?
I just don't think that effect justifies giving everyone who lives nearby veto power over property usage.
> I have to ask, are you a home owner?
I am.
> Your statement seems really out of touch with the realities of home appraisals and realestate evaluation.
In some places people are really worried about those effects, and the result tends to be suburban HOAs.
The last couple houses I bought were in areas where the effect is drastically smaller. The last place I lived was a dense urban area where demand was so much higher than supply that even stuff like being next to a major airport had minimal effect on property values. Right now one of my 20 closest neighbors is a pig farm and someone got laughed out of town meeting for suggesting the town adopt a noise ordinance in response to their neighbor firing a literal cannon.
invenio78 t1_j7nij6i wrote
Yes. Different locations will have different levels of influence. But that in no way negates the fact that the type of homes in neighborhoods effect housing prices.
Your original statement seemed to indicate that was not the case. But yet the examples you yourself use seems to indicate otherwise.
Viewing a single comment thread. View all comments