Does proximity to a cemetery affect home value?

[Ying Tang]

I’m considering a rental property that has a large cemetery down the street. The property currently has stable, reliable tenants, which is a positive. However, I’m curious whether the proximity to a cemetery could affect the home’s value. In many parts of Asia, this is considered a major negative and can reduce property value by as much as 50%. Culturally, though, it doesn’t seem to carry the same weight in the U.S.—is that correct?

[Eric Gerakos]

The dead are usually quiet, considerate neighbors. With a few notable exceptions…..