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Updated over 10 years ago on . Most recent reply

Amy A.'s profile image
Amy A.'s profile image
Amy A.
  • from Portland, Maine
  • Member since Apr 20, 2012
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Amy A.'s profile image
Amy A.'s profile image
Amy A.
  • from Portland, Maine
  • Member since Apr 20, 2012
Connect
Amy A.
  • Portland, ME
547
Votes |
616
Posts
Rehabbing & House Flipping

House across from a dairy farm

Amy A.
  • Portland, ME
Posted

How much would you reduce the after repair value of a house across from a dairy farm?  I grew up working on such a farm and understand that there are smells and flies related to such a business.  However, I enjoy farms so am not able to look at it objectively.

For houses that are on a busy street, I reduce the value compared to comps that are on quiet streets by about 15%.  I have had great success with this strategy.  Is there a similar % reduction that I should use for being across from a smelly business?

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