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Sam Leon
  • Investor
  • Fort Lauderdale, FL
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Properties near a cementary

Sam Leon
  • Investor
  • Fort Lauderdale, FL
Posted Oct 17 2014, 08:11

Was looking at a property "on paper" and thought I found a great deal until I drove it via Google Streetview and found out a block away is a cementary.

Interestingly, the rent for comparable units farther away in similar neighborhoods are not higher.  I would think this has to impact the desirability and hence the rent but apparently not.  May be this is a non-issue for most people or is it?

Would an appraiser negatively adjust the value of a property if one can see a cementary when standing in the front yard?

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