What are Wal-Mart's effect on home sale values?
What are Wal-Mart's effect on home sale values?
I currently live in a doublewide trailer built in '88 or '89. I am planning to sell and move into a house in town, however, the main reason for my moving is that Wal-Mart has began building a new Super Center in my backyard.
Approximately one hundred and fifty feet behind my home will be the main entry. I am under the impression that a restaurant of some type will be directly out my back door. The Wal-Mart itself will be about three hundred to four hundred feet away, but still a visible eyesore. We are unsure what type of “wall” they will be building, but it won't be tall enough, whatever it is made of, to block passersby from seeing our back porch.
We live in Livingston County, Michigan, in a bedroom community. Assuming the home is valued at around twenty thousand dollars, what are my chances of selling? Could I get more than the appraised value? Should I wait for the construction to finish before putting it on the market? Should I sell it myself, or use an agent?
Mail this post