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Updated about 7 years ago on . Most recent reply

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Kathryn Houk
  • Cleveland, OH
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Duplex next to a graveyard

Kathryn Houk
  • Cleveland, OH
Posted
I’m evaluating a house hack in a nice, suburban neighborhood outside of Cleveland. Its rare to find multifamily properties in this area. It’s a duplex and the numbers seem good... the only hang up is that the duplex is right next to a graveyard. I’m trying to determine how much that will matter as I put together my analysis. The view from half of the houses windows is straight at the graveyard. My plan would be to plant some trees to obstruct the view. My question is, will this impact the price I’ll be able to charge for rent? Will it impact appreciation?

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Matthew Paul#2 Contractors Contributor
  • Severna Park, MD
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Matthew Paul#2 Contractors Contributor
  • Severna Park, MD
Replied

Quiet neighbors , and people are just dying to move in next door .  To me it would be a non issue . There is a house near me that sold for $500 k and there is a small graveyard right in their back yard from the early 1900's .  My kids play with their kids , they think its cool . nobody else has their own graveyard 

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