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Updated over 2 years ago on . Most recent reply

User Stats

12
Posts
2
Votes
Noah Carrico
  • New to Real Estate
  • Rexburg, ID
2
Votes |
12
Posts

How does proximity to the highway effect home value?

Noah Carrico
  • New to Real Estate
  • Rexburg, ID
Posted

I am trying to figure out the ARV for a potential wholesale deal and need to know how proximity to the highway would affect the home value. Obviously it would decrease the value, but how much? The home is in a rural town, so comps also by the highway are limited. The home would probably sell for 165k - 170k if it weren't next to the highway. The highway isn't very loud, because of the angle of a hill but you know it is there. Any specific advice or thoughts on the general subject would be appreciated

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