mark hurlock
Senior Member
- Joined
- Jul 4, 2006
- Professional Status
- Certified Residential Appraiser
- State
- Delaware
The lender did not mention only a commercial influence, they asked about commerical OR a negative influence. Not all influences have to be commercial. to affect value
A school can be a neg influence, noise, buses pulling up, traffic etc.
A church can be a positive influence, a neg influence, or neutral. In my experience, most of the influence is neutral, but do historical research of sales with same/similar proximity and the market will answer.
J,
interesting that you mention school because there is a much larger public school directly behind the subject and they never mentioned it, just the very small one room style church down the street at the end of the block.
