Will a medical office and hospital being build behind my home lower my property value and make it hard to sell?
October 16th, 2011 | by admin |I live in a small neighborhood that is surrounded by a field. The city would like to rezone the field behind my home for medical offices and a hospital. Will my home value suffer if they build the medical offices and hospital? Will the rezoning make it harder to sell my home?
The hospital will since it creates more traffic, parking problems and noise with the ambulances roaring in.
2 Responses to “Will a medical office and hospital being build behind my home lower my property value and make it hard to sell?”
By Equality on Oct 16, 2011 | Reply
The hospital will since it creates more traffic, parking problems and noise with the ambulances roaring in.
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By ◄|| G ||► on Oct 16, 2011 | Reply
There is a saying: "you can’t fight city hall" which means whatever they decided to do there is not much you can do about it. And similar to what the comment above said, depends what type of hospital it is there is a potential for emergency vehicle noise, more traffic around, and more pedestrians roaming your site.
You can try and request the city to build a higher partition between the hospital and the neighborhood if you can petition all the neighbors to participate and sign a waiver.
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G