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Could the removal of trees on an adjacent commercial property negatively affect the value of your home?
A developer will likely remove a line of 35ft trees around the rear of their property, adjacent to residences, to build retail with 80 parking spaces. This is in an urban location, close to the city center. Public alleys separate residences from the commercial property. What would you request of the developer to ensure the same level of privacy is maintained? Nothing we can do, besides move, right? Thank you for your input! |
I don't think this type of stuff matters if you are near the city center. What is being built? I guarantee that most people that live within a short walk to urban amenities (a new coveted grocery store is being constructed as an example) see their property values increase. |
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Was the commercial property there when you bought your house? You assumed the risk something like this might happen. This is what’s known as an “incurable defect” in real estate parlance.
Can’t say whether it will hurt your property values or not. I imagine yes, it probably will. You could certainly ask. Or maybe do something on your side of the property line, which something you can control. |
| A commercial property is a bigger issue than the trees. I would not want to live next to one. |
Presumably they knew the commercial property was there when they bought. I doubt it magically appeared. |
| Yes, the building was there. It was a childcare center for 50 years. They plan on developing a grocery store, wine/spirits store, and inline? TBD retail, possibly a restaurant. |
| Can you plant trees on your own property? |
I’m pushing for that but am not optimistic. We live in a row home with not much green space - we may need to remove it to make room for additional off street parking. |
Living close to a grocery store in an urban center will INCREASE your property value. That's why everyone wants a Whole Foods or a TJ to open in their neighborhood. Even a Safeway or Harris Teeter or really any grocery store will make your property more attractive. |
NP here Who are you pushing? Are you part of an HOA? |
I'm not OP Close, sure. But not adjacent. |
I'd be more concerned by the significant increase in traffic. A child care center is a pretty quiet place in the evening and on weekends. Our home backs up to a cemetery and that's quiet all the time! We have a lot of landscaping and we barely notice it. |
I would not want to live next door to a grocery store. Too much traffic |
In the neighborhood is different than next door. |
| I’d be more worried about trash, delivery truck noise and trash smells if my house was next to the back of a grocery store. I’d definitely fence and screen as much as possible. |