Anonymous
Anonymous asked in Business & FinanceRenting & Real Estate · 4 weeks ago

will my property value go down because of a group home  next door?

Update:

it's a group home for adults with disabilities

7 Answers

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  • 4 weeks ago

    I don't think that will cause your values to decrease--if it was a group home for ex-cons, drug addicted people or delinquents, it most likely would. But not for adults with disabilities. 

  • 4 weeks ago

    Not only will the value go down, it will be much more difficult to sell.

  • Scott
    Lv 7
    4 weeks ago

    It certainly could, and there's nothing you can do about it.

  • 4 weeks ago

    Unless it's under construction and has no residents yet, any possible negatives have already been factored into the market value. IF it went down, it did so some time ago. It's not going to go any lower without some publicized problems with the place.

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  • 4 weeks ago

    what type?  developmental disabilities?  it shouldn't.  in fact they make better neighbors due to government regs....most providers try to make the neighbors happy, and many people with developmental disabilities behave better than typical people.

    psych disabilities may be an issue. even with the government regs, there will be issues with the residents and their behaviors, they are only in a psych home because of their behavior.

  • Anonymous
    4 weeks ago

    It could. But it may go up anyway.

  • 4 weeks ago

    Possibly. Depends on the type of home. Old person's home won't make any difference, but people might be put out off having 30 ex cons as neighbors or 25 rehabilitating drug addicts!

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