property values

Profile picture for RobertIsley
My address is 26455 Carronade dr. Perrysburg, Oh 43551.  Within the past 2 months construction has begun on Carronade Dr. for a large apartment complex right at the entrance to the single family residential homes.  Any idea what this will do to our already devalued property values?

thanks....enjoy your site very much!    Rob Isley
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December 29 2010 - Perrysburg
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Profile picture for steveselk

Probably depends on the type of apartment building and the amenities. If it ends up being low income housing it would certainly have a negative impact on your property. On the other hand if the complex is marketed towards the upscale renters the reverse could happen to your property. Did anyone from your development know this was going to happen and did you have an opportunity to challenge the project?

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December 29 2010
 

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