[DotComMom]

Originally Posted by l2ridehd

Everyone has a different opinion about this and what bothers them. However if it bothers anyone it impacts value and resale. So being next to the turnpike does not bother those that bought there, they will tell you the noise isn’t bad. For them it isn’t. But if you grew up in the country where you never heard traffic it would bother you. But if anything bother some folks it impacts value. So my response is what bothers others and therefor impacts value.

Being close or backing to a busy street, turn[ike, Morse, Stillwater, Buena Vista, etc.
Being next to or close to a treatment plant.
Being close to the power lines
Being close to the railraod tracks
Being close to a golf cart path
Being on the water. There are more bugs and critters.
Backing to another house. Kissing Lanai’s.
Being close to prior sinkholes.
Being close to the prisons and quarries.
Backing to a rec center
Being on a golf course next to a tee box
Backing to land not owned by the villages
Backing to any shopping venue.

Not all these things bother everyone. Some even seek some of these things out. But if you look at a pool of 100 buyers, some of them will not buy because of those items. And that impacts value. At one time I built spread sheets with resale value impact based on sales data. Just as an example, being next to the power line will impact your sale price by 9%. Now lots of folks near the XXXX will argue that they love being next to the XXXX. And I am sure they do. But not everyone does. And that is how you have to think about finding the best location.

Why “backing to land not owned by the The Villages”?