up and finished yet, so you do not know and cannot find out NOW how the train driving by will have and
effect on the property will the window rattle, or anything else vibrating or not, how often does the train
drive by etc. etc.
And yes for resale purposes, believe me even if the buyers do not really care they will of course use
the fact that the train is so close to offer less than you are asking for, but what is usually worse in a subdivision with other townhouses in better locations, buyers will prefer those before they will make an
offer on yours. So do you get a better deal now because of this location.... I would be careful, at
best think enough about it and see if you can afford a townhouse in a somewhat better location within
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Selling a home that is adjacent to railroad tracks will be very tough and you will sell it at big discount compared to other homes in the subdivision since most people will not even consider living by the tracks. If the railroad tracks and passing trains will not bother you and you getting a great deal compared to other homes it is something worth considering.
Coldwell Banker Residential Brokerage
I believe you are referring to the Rowhomes on Waterbury Place, correct? Great units. There are 2 thing you want to consider in this subdivision. New vs used (the ones that were built in 2007) along with potential resale issues.
Since you asked about resale in your question, lets start there first. As you said this subdivision is in a highly desirable area. There are a % of people who will not consider a home on the railroad tracks. That % is pretty large. In the last year it looks like 15 people have bought into the neighborhood. The activity has been on either new homes or distressed properties. Right now resale is happening, but at a substantial discount to new.
If you are worried about resale, what is your time horizon to do so? If it is near term this is a money losing idea. I would strongly suggest understanding the used inventory better. There are more things to discuss to better help understand what is the appropriate decision for you. I currently have 2 homes under contract in Stevenson school district, so if you would like to talk more in depth, feel free to reach out.
Broker Baird & Warner
It is very hard to sell a home anywhere near railroad tracks let alone right next to one. What price range is this home in?
The Peggy Cobrin Team
Coldwell Banker Residential
Call or Text 847-707-8907