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invenio78 t1_j7mv4wx wrote

Reply to comment by Tai9ch in Dover builds tiny home neighborhood by sheila9165milo

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.

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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.

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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.

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