Home Buying in Cumming>Question Details

Shogun, Home Buyer in Palo Alto, CA

Noise from freeway GA400

Asked by Shogun, Palo Alto, CA Wed Oct 3, 2012

Hello all,
We're considering to put an offer on a house that sits next to GA400, with some buffer in between. The noise very clear and you can't ignore it when standing outside of the house. Inside is clear during the day time, but i dont know how it'll be in the night. Though i dont personally mind that, (as i come from a house that's located in a city center with more noise :) ), is that going to be a deal breaker for a lot of buyers out there?

Thanks for your suggestions/replies

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Answers

7
Remember that you will be selling that house - probably sooner than expected. Adverse external influences impact both value and marketability so roads, power lines, detention/retention ponds, commecial influences, train and aircraft activity, cemetaries, terrain and even neighborhing homes (think obnoxious design/colors)...all impact you.

Some folks don't care an I've appraised homes literally under Godzilla poper lines and hanging over major highways....but the majority do care.

Everything has a price, determiine the loss in value due to the noise and adjust downward. Just remember, you're likely buying a marketing challenge that you will deal with later on.

Hank
Web Reference: http://www.hmtatlanta.com
0 votes Thank Flag Link Thu Oct 4, 2012
Hi Shogun,

Your concerns about resale are legitimate. House location/setting is one of the most important features and can't ever be changed. When resale time comes you would be forced to make your asking price adjusted to reflect this less desirable feature.

If the investment side of your home purchase is important to you, make sure you get this house at the right price or walk away.

Ask your agent to provide information on other homes sold in the area recently that had same issue, sales price and days on market (!).

If you don't have an agent, I will be happy to learn more about your situation to see if I can assist you.


Cordially,

Veronika Barash, Realtor®


CERTIFIED SKILLED NEGOTIATOR

REO & SHORT SALE CERTIFIED

CERTIFIED MARKETING SPECIALIST

RELOCATION SPECIALIST

Atlanta Housing Market Conditions & Trends

http://www.AtlantaSelectHomes.Listingbook.com

http://www.AtlantaSelectHomes.com

678.230.4235 c

678.287.4800 o

404.410.6983 f

Keller Williams Realty Consultants

695 Mansell Rd. Ste 120

Roswell GA 30076
0 votes Thank Flag Link Thu Oct 4, 2012
I agree with Ken, Katherine and Rick.

Based on everything else available, is this really the best choice for the price.

That's the resale question you face as the future owner of a stigmatized property.

Good luck getting showings at the highest and best price when your time comes to sell it.
Web Reference: Http://intowninsider.com
0 votes Thank Flag Link Wed Oct 3, 2012
Hello Shogun,

Location of a home definitely makes a difference, especially when you have other similar homes to choose from when making a purchase decision. In the instance you describe it will limit they type and amount of buyers when it comes to resale....so be sure if this is the home that you desire that you buy it right upfront and not depend on circumstances changing down the road.

In regard to night noise you can count on traffic levels being high from about 5 P.M. until approximately 8 P.M. as GA400 is heavily travelled...very similar to the 5 and PCH.

Chuck
Realtor, Keller Williams Chattahoochee North
chuckgreen@kw.com
678-578-2788
Web Reference: http://chuckgreen.com
0 votes Thank Flag Link Wed Oct 3, 2012
Hi Shogun,
It is a personal preference when it comes to location. Like you, there are some people who may not mind it, and others who won't even look at the house because it is near a busy road. Same with swimming pools. If you really like the house and can live with the "noise" then why not put an offer. Talk to your agent, hopefully you have hired a REALTOR, and have him/her pull up the comparable properties in the area that have sold recently and base your offer on that. It is also wise to see how long the house has been on the market, that's an indiciation of whether or not people have an interest, the longer on the market the less desireable the property is. In this case, backing up to GA 400. Also, if you have seen this property recently, the trees still have leaves on them which will cut down on the noise, so when the leaves fall, there may be less of a barrier, until next spring.
Best of Luck you will love it in Cumming...
Ken D'Ademo, Assoc. Broker
Keller Williams Chattahoochee North
678-542-1967
0 votes Thank Flag Link Wed Oct 3, 2012
Let me actually give you more details. This is the house in community called 'Provence' on Stoney Point Rd.
2875 Apremont Drive, Cumming GA 30041

I like the community, esp since it has swim and tennis, and is surrounded by good schools.
Flag Wed Oct 3, 2012
Thank you all for the input, good points.
This house is on the market for almost 17months now. The current price is ~120K less than what they originally started with, and house is still available. I'm actually wondering whether this is one of those 'too good to be true' deals. I wonder why no one else is showing any interest. Is it just because of the noise? may be, may be not. Now i'm kind of hesitant to grab this deal that no one else wants to :-)
i like the are and looking to settle down in Cumming.

Appreciate your thoughts.
Flag Wed Oct 3, 2012
It really will. Hwy 400 is just going to keep getting busier and this is a major drawback in attempting to resell the property (like backing to power lines). You'll either have to discount it substantially and expect a long market time when you go to sell it or run the risk of not being able to unload it.

I would stay away, unless you are really stealing it. There are too many properties out there that don't have this issue.

This market is a lot more sensitive to road noise issues that other parts of the country.

Good luck,

Kathy

Katherine L. Morrison, Realtor
Broker/Owner
Team Realty Group
Alpharetta
404-697-4626 (direct)
kathy@chipandkathy.com
0 votes Thank Flag Link Wed Oct 3, 2012
Totally depends on where it is located. Generally speaking I always suggest to my buyers that things that are potential negatives to a sale...steep driveways, power lines, high traffic, etc. should be looked at hard from a resale point of view. If you are planning to stay somewhere for a long time, you might not care about those things. Just look at it from a buyers standpoint if you were having to seel the home...good luck and welcome to Atlanta!

Rick Musto, Managing Broker
Buckhead Home Realty
770-480-7699
rmusto@buckheadhomerealty.com
0 votes Thank Flag Link Wed Oct 3, 2012
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