Upcoming Calif casino, will it cause RE to skyrocket?

[Sara Lung]

Do the experts here think the real estate values will explode with the arrival of a casino in Madera, CA? I have non Real estate people around me, who don’t think anything of it. but I think this is going to make Madera, and the entire central California skyrocket! Am I right? Or am I crazy?

There’s one land parcel I am just drooling over. It’s a 15.7 acre lot on Avenue 18, Madera. It is smack wedged in between the casino and Freeway 99. What a location!

Can the professional give me an opinion please?

I’ve never done this before. But I think this is an excellent opportunity.

Thanks all in advance. Thank goodness for bigger pockets Platform. I have learned so much over the years. Truly grateful.



[Aaron K.]

@Sara Lung not really, and speculating on commercial real estate is a whole different ball game and can be extremely risky, but in general it won't have much of an affect, casinos are pretty common and are all over in my area and don't have an impact on surrounding values.