Having said that, some people tell me right up front that they donâ€™t want me to show them a house near railroad tracks. Or the freeway. Or near high tension wires. Or on a busy street. Or with a pool. You get the idea.
Resale IS affected in the eyes of some, but not all. And Iâ€™ve even had some families tell me that their kids LOVED watching the trains go by from their bedroom window. There is also a difference between living by tracks and living near a crossing where the train has to blow its horn.
And speaking of noise and neighborhood nuisances â€¦ I live in a nice neighborhood by a quiet, serene lake where the ambient noise of lake birds serenades us all day long â€¦ but a grunge band just moved into a garage across the street â€¦ and when they fire up and start practicing â€¦
Iâ€™d rather live by railroad tracks any day.
As Meena stated the train noise is subjective.
Maybe you should sit near the station reading a book or shopping to hear what the noise level is like indoors and out.
You are the best judge of whether the noise is too much or not. Go to the area at different times of the day when the train passes and see if it is too loud outside or not. If you open the windows in the summer, will it bother you when the train passes?
When I am showing homes to buyers close to the train tracks, some people tell me that they have always lived close to the train tracks and the noise does not bother them at all and then there are those who are light sleepers who will never buy a home there.
Keep in mind that when you are ready to sell the home, there will be a limited pool of buyers for your home located next to tain tracks.
Hope this helps.