|Effect on surrounding property values||<– Date –> <– Thread –>|
|From: Brian Baresch (bareschearthlink.net)|
|Date: Tue, 12 Dec 2000 21:57:48 -0700 (MST)|
Hi all. Our community is going through the rezoning process at the moment (planning commission tomorrow night). The neighbors are mostly happy about our coming into the area, but a couple of folks are concerned about the effect all our shiny new residences will have on the valuations, and thus the taxes, on the surrounding 100-year-old houses in this mainly working-class neighborhood. I doubt this'll be a problem for the rezoning, but it could be a source of friction in a few cases. About half of the neighboring houses are owner-occupied, and this isn't a rich area; ours will be by far the priciest residences on the block. So I guess my question is: Will the effect on surrounding property tax levies be enough to be troublesome for the neighbors? And what should we say when people ask about it? Anyone have experience with this issue? Other thoughts? Thanks! Best regards, Brian Baresch Delaware Street Commons Lawrence, Kansas www.delaware-street.com
- Effect on surrounding property values Brian Baresch, December 12 2000
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