The Otis air force base and chemical plumes in Mashpee?

Peopleperson
Home Buyer
Mashpee, MA

How much does the acitivity at the Otis military base in Mashpee as well as the chemical pollution in the lakes negatively impact the house prices in the area?

Answers (1)
Mark Hansen
Agent
Centerville, MA
FIRST ANSWER

Depending on the location in Mashpee and or part of Sandwich in which the home is located, it can have an effect not so much on pricing, but on the size of the audience that is willing to buy in that area. Eg. The last 2 homes that I sold in this area were to military personnel moving to the area, in which case they love the area. People that have the ability to locate anywhere may not have this on the top of their list. Air traffic has certainly lessened as the F-18's and similar planes have ceased to fly into this area. The Plume area can be viewed on the government’s plume map. These conditions should always be disclosed to potential buyers through the use of a plume disclosure form. This was particularly a problem as many of the homes in the affected areas were on well water. Most have been converted to town water by now. All-in-all, as long as you have a nice home this can be a decent time to sell assuming you are priced at or slightly below market.

Wed May 27 2009, 04:17

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