Will my SFF property price drop after new apartment complex comes up?

[Lynn Gupt]

I just got the notification from the city that there is a new apartment complex that will come up right in front of my house. It will be a brand new construction as it is vacant land right now. We are wondering if the property price for my SFH will go down once the construction is complete as I have never been in this situation before. If so i may want to get rid of the property right away before the construction starts.

Any input will be appreciated.

Thank you