|RE: Neighbor's property values||<– Date –> <– Thread –>|
|From: Rob Sandelin (Floriferousclassic.msn.com)|
|Date: Sun, 18 Jan 1998 12:04:57 -0600|
The issue should be uncohousized. Cohousing is not one whit different than any other multi-family housing condo project in terms of effects on local property values. So get your comparisons from local multifamily projects. This is a smoke screen issue that people always use and it's bogus. It is pretty difficult to show that property values are effected negatively by new housing development, and local developers in the Tuscon area should have stats to show this. I would be very surprised if any cohousing group anywhere has any real data on adjacent property values, and has data that proves property values changed due to the cohousing. Its a non issue unless all your neighbors are single family homes and you are the only multifamily development. Then, assuming zoning is OK, they have a valid argument. But if there is other multi-family in your area, you can just point to that and say that existing multifamily development had no negative effect on property values, and cohousing is no different. And then move the burden of proof to them by declaring there is no data that shows existing property values to decline due to multi-family development. If anybody challenges this, ask them politely for their data. Odds are high, they will have none, and not be able to find any either. Lots of things make property values decline, new housing development is not one of them. Rob Sandelin Sharingwood ---------- From: cohousing-l [at] freedom.mtn.org on behalf of Patricia A. DeWitt Sent: Friday, January 16, 1998 11:36 PM Subject: Neighbor's property values WE are in our rezoning process, just received a positive recommendation from the Tucson city planner. Our next step is to get approval from mayor and council. One of the objections from the neighbors is the fear of their property values plummeting. Are there any completed cohousing projects that could supply facts that show an appreciation in property values for the neighbors. I would be willing to contact Realtors in your area that could supply me with information. Thanks for your help, Patricia Patricia DeWitt, member of the Community for Ecological Living being built on 43 acres in Tucson Mountain, in rezoning process will have 28 homes, currently have 8 families
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