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The Water Cooler
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Real Estate Value question
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<blockquote data-quote="Oklahomabassin" data-source="post: 1885036" data-attributes="member: 1546"><p>The neighbors house next to mine recently was purchased by the near by church to be torn down in a couple years to build a parking lot. I am looking for answers from folks in real estate who have experience in similar situations. I am also interested in opinions from people who have bought, or are currently looking to purchase a home. </p><p></p><p>Would a church parking lot directly next to a house lower the market value of the property?</p><p></p><p>Thanks</p></blockquote><p></p>
[QUOTE="Oklahomabassin, post: 1885036, member: 1546"] The neighbors house next to mine recently was purchased by the near by church to be torn down in a couple years to build a parking lot. I am looking for answers from folks in real estate who have experience in similar situations. I am also interested in opinions from people who have bought, or are currently looking to purchase a home. Would a church parking lot directly next to a house lower the market value of the property? Thanks [/QUOTE]
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