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Updated over 2 years ago,
Buying a SFH on Major Road - Risk? Future Commercial?
I'm looking at a SFH (for LTR) with detached ADU (for STR) off of a main highway in my town in a major developing part of the area.
That highway will be widening and adding two more lanes within the next few years and I'm not worried about traffic noise but...
Do property values typically go down in these types of scenarios or does having a potentially future commercially zoned property increase in value?
Let's have a discussion on this!
The highway will help the AirBnb side of the house because guests can stay for a quick 1 nighter while traveling.
I also would love to own a Brewery/Coffee Shop someday so this could be that future type of property in 10 years if zoning permits.
But in the meantime, if I were to do my normal plan of doing SFH (for LTR) with detached ADU (for STR) for 5-10 years and sell, will that property be unsellable in 5-10 years?