Are there specific valuation factors applied for proximity of parking areas and lighting to a home?
A new parking area and access road have been added within about 100' of our house, while the prior overflow lot had been 240' away (all up a 10% grade hill from us). The new 15 spaces closest to us will be used primarily during business hours by office staff, with only occasional evening use but is lit all night long with it's access road. This is particularly glaring for us, being down slope and in a deliberately dark neighborhood that has no street lights installed, the lighting is more than three times brighter than IES maximum and the spill onto our neighbors lot is 10 times what is allowed by IES standards.
Our house is on a dead end adjacent to an historic park-like campus (designed by a Fredrick Law Olmstead protoge, adjacent to an Olmstead park itself). I know there are positives and negatives to being at the end of a dead end in terms of valuing a home, but having seen this green space as a huge positive, we didn't contest a recent reassessment shifting us up dramatically per sq foot compared to our neighbors. This new lot and the lighting in particular have us reconsidering. I have read that the latest analysis of data shows this badly over done all night lighting actually will increase crime risk and correlates directly to lower property values but I can't find any percentages applied to home valuation. At a minimum we feel justified in contesting the percentage assessment above the average of comps on our street (9% above average per square ft), but the new proximity to this parking and especially the night-time glare seem to call for a a more significant reduction.
The 19 comps, are in generally excellent condition so the proximity to the green space is the only justification we could swallow for the disparity in our assessment. Now we feel as though there might as well be a Walmart next door at night as Walmart wouldn't, be so outrageously over lit.
Thanks for any help/advice. If there are ranges of factors that might be shared, it would be nice to separate the factors for parking lot and lighting as potentially the lighting could be scaled back although it seems less likely.
A new parking area and access road have been added within about 100' of our house, while the prior overflow lot had been 240' away (all up a 10% grade hill from us). The new 15 spaces closest to us will be used primarily during business hours by office staff, with only occasional evening use but is lit all night long with it's access road. This is particularly glaring for us, being down slope and in a deliberately dark neighborhood that has no street lights installed, the lighting is more than three times brighter than IES maximum and the spill onto our neighbors lot is 10 times what is allowed by IES standards.
Our house is on a dead end adjacent to an historic park-like campus (designed by a Fredrick Law Olmstead protoge, adjacent to an Olmstead park itself). I know there are positives and negatives to being at the end of a dead end in terms of valuing a home, but having seen this green space as a huge positive, we didn't contest a recent reassessment shifting us up dramatically per sq foot compared to our neighbors. This new lot and the lighting in particular have us reconsidering. I have read that the latest analysis of data shows this badly over done all night lighting actually will increase crime risk and correlates directly to lower property values but I can't find any percentages applied to home valuation. At a minimum we feel justified in contesting the percentage assessment above the average of comps on our street (9% above average per square ft), but the new proximity to this parking and especially the night-time glare seem to call for a a more significant reduction.
The 19 comps, are in generally excellent condition so the proximity to the green space is the only justification we could swallow for the disparity in our assessment. Now we feel as though there might as well be a Walmart next door at night as Walmart wouldn't, be so outrageously over lit.
Thanks for any help/advice. If there are ranges of factors that might be shared, it would be nice to separate the factors for parking lot and lighting as potentially the lighting could be scaled back although it seems less likely.