With your home, because it is not a "violent" death - the disclosure laws sunset after a specific amount of years. Although beware, even though you may not be required to disclose, a buyer could still sue you (they may not win) if they find out from your neighbors after the closing.
The main discount comes when you are buying the vacant home that the owner just passed away in. You will be selling in a completely different situation. Negotiate as hard as you can and sell in a strong market. You may do better than your neighbors in price appreciation.
You should know about Civil Code 1710.2. It states " No cause of action arises against an owner of real property or his agent, or any agent of a transferee for failure to disclose the occurrence of an occupant's death upon the real estate or the manner of death where the death has occurred more than three years prior to the date the transferee offers to purchase..." Civil Code Section 1710.2 does not actually require disclosing a death on the premises within the three years before the sale. However, many agents feel that such disclosure is implied by the statute and they should disclose death by murder or suicide within three years of the sale. After three years, an agent need not disclose a death or the cause of death of a prior occupant. To answer your question it should not decrease the value of the home since it was a natural death.
REALTORÂ®, e-PRO, SRES
More important then a death on the house is the homes location, market conditions, as well as other variables that could put pressure on home prices in the next three years. Good Luck!
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If you truly plan on selling again within the next three years, I'd be more concerned about not being able to break even just because I doubt that the property will appreciate sufficiently in the next 3 years.