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Updated 7 months ago,
Househacking near Frederick, MD: considering a property with easement/future rd
Hi, I'm considering purchasing a home near Frederick that has been on the market 9 months ! It's been under contract a couple times and offers withdrawn. According to the listing agent, it's a hard sell because there is an easement between this property and another property that will be THE entry road to a new housing development. No timeline on the development.
It's in the country so people looking in that area generally want peace and quiet. Guessing the potential long term construction of a new road and housing development with no time line is scaring people away. Or maybe it's the traffic that will come as the house will be at the entry road to the development.
Is there anything else to consider here? I'd suffer through 3 years of construction if I could get a good deal but it does concern me that this house is sitting so long.