Quote:
Originally Posted by BrianL99
There are 3 inescapeable conclusions to be drawn.
1. Noise is an issue.
2. People have different levels of tolerance for noise.
3. When it's time to sell your house, potential buyers will have the exact same concerns as you have. This means that a sizable slice of potential buyers, simply won't be interested. Fewer buyers, means lower prices.
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Quote:
Originally Posted by asianthree
And yet homes near the turnpike are selling for $150,000 and up from original cost. Not a bad profit for a year.
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Not relevant.
Economics 101. In a free floating market like pre-owned homes, when the pool of buyers decreases (because some folks are concerned about noise), prices decrease.