Assessed Value ImpactConsidering the purchase of a home in a subdivision that will soon have multi-unit buildings built nearby, essentially one block over. There is also undeveloped land about one block over that is owned by the local school district for future elementary school expansion. Will the multi-unit development negatively affect my prospective home's assessed value? And/or does the future school offset?July 09 2012 - Ankeny00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.