Is There A Standard Adjustment For A Residential Appraisal With A New Environmental Issue With In 90

[Kick Back]

if properly regulated dust should be suppressed - shouldn't be an issue. Traffic is, noise is tiresome, etc. but some people live near a railroad or plant without noticing it much

I agree with you but I was told that I would feel nothing more than a rumble strip on the highway if that. I would have no dust issues. That the noise was temporary. I hear all day 6 days a week, The Rock Crusher grinding The Rock, the beeping from the equipment and the big dump trucks banging their tailgates.

 

[Kick Back]

if properly regulated dust should be suppressed - shouldn't be an issue. Traffic is, noise is tiresome, etc. but some people live near a railroad or plant without noticing it much

I agree with you but I was told that I would feel nothing more than a rumble strip on the highway if that. I would have no dust issues. That the noise was temporary. I hear all day 6 days a week, The Rock Crusher grinding The Rock, the beeping from the equipment and the big dump trucks banging their tailgates.

Is there a standard adjustment For a residential appraisal with a new environmental issue with in 900 feet?

 

[ICT RE]

Sounds like you maybe need to be seeking the advice of an attorney rather than an appraiser.

 

[Kick Back]

Sounds like you maybe need to be seeking the advice of an attorney rather than an appraiser.

Actually I'm trying to educate myself and trying to understand a subject that I know almost nothing about. I don't even know if I have the right to get an attorney. The only thing I know is that I had a very peaceful quiet wonderful piece of property. I expected to enjoy my retirement. Now it is full of noise and my house vibrates all the way to the tip top of the ceiling once a week and there is dust everywhere. I am also having a harder time keeping tenants because of the same factors. I also now have water issues. Maybe I need an attorney maybe I don't but I would like to learn a lot more about how this could affect my property value. I really appreciate everyone's responses opinions and education. I have read most of them several times and even looked up many things that have been suggested. Out of all the research I have done this site is probably been the most valuable.

 

[Kick Back]

It sounds like your property suffers from what is called external obsolescence. In simple terms, external obsolescence is a factor that reduces the value of an improvement because of something external to the property itself. It's not about whether the house is outdated or not, but rather something outside of the home that is causing a lower value. It's usually something that cannot be cured. Determining what effect the continuing operations of the quarry might have on your property is dependent on the market reaction to all of the detrimental factors that you mentioned plus others that you might not be aware of. Appraising properties with this condition are very challenging for even very experienced appraisers due to the complexities involved and the relative scarcity of information available to analyze.

Questions you might ask yourself are, can you rent either home, and how much would you have to discount the rents relative to other similar houses in your market in order to attract a tenant.

Thank you so much for your response I am definitely learning a lot about external obsolescence. Now to figure out how it is calculated is another education.

 

[Mike Kennedy]

We have rock quarries in the Hudson Valley NY too. Here, either State, County, or Town Municipal (or all three) Ordinances and Use Restrictions (i.e. proximity to residential restrictions, time - days of week and specific times for blasting are included in Municipal Operating and Use Ordinances and Permits.

Suggest consults with a. Zoning Inspector, b. Building Inspector, and an experienced Attorney who handles such cases (and has never represented your local Municipalities).

 

[Dublin ohio]

Here, either State, County, or Town Municipal (or all three) Ordinances and Use Restrictions (i.e. proximity to residential restrictions, time - days of week and specific times for blasting are included in Municipal Operating and Use Ordinances and Permits.

Same thing in my area. Did one in December about 5 minutes from me. Subject was about 2000' from quarry. Had a seismometer in the front yard placed by quarry operator. Every time they blasted. Someone from the quarry would come and take the readings. Township zoning had restrictions on operating hours, dust control, seismic monitoring, water table monitoring etc. Quarry operator was required to do assessment of each property in area prior to start of quarrying to provide a baseline for possible future impact and/or claims. Also had regulations in place for mediation of any impact to structure or water supply. Luckily, I had one comparable sale in similar proximity to quarry. Ended up being about a 5% negative impact. I expected more. But the data spoke.

 

[Kick Back]

We have rock quarries in the Hudson Valley NY too. Here, either State, County, or Town Municipal (or all three) Ordinances and Use Restrictions (i.e. proximity to residential restrictions, time - days of week and specific times for blasting are included in Municipal Operating and Use Ordinances and Permits.

Suggest consults with a. Zoning Inspector, b. Building Inspector, and an experienced Attorney who handles such cases (and has never represented your local Municipalities).

Yes, finding an attorney that handles such cases that doesn't have a conflict of interest with this Quarry is going to be a chore.
I think it's time to invite some zoning inspectors, building inspectors, and maybe even some Board of Supervisors over during the next blast?
I do know the general manager of the new quarry has been with the company many many many years and has never been in a home during a blast until mine. When the blast took place he literally jumped because the whole house shook. I asked him what was wrong and his reply was that was big. I said welcome to my world. This just happened 3 weeks ago.

 

[Mike Kennedy]

Yes, finding an attorney that handles such cases that doesn't have a conflict of interest with this Quarry is going to be a chore.
I think it's time to invite some zoning inspectors, building inspectors, and maybe even some Board of Supervisors over during the next blast?
I do know the general manager of the new quarry has been with the company many many many years and has never been in a home during a blast until mine. When the blast took place he literally jumped because the whole house shook. I asked him what was wrong and his reply was that was big. I said welcome to my world. This just happened 3 weeks ago.

go Git 'em

 

[Kick Back]

go Git 'em

You just made my night thank you so much!