These is an easement. It would probably be worth less if you compare it to an exact comparable property with no sharing of the driveway. But probably not that much of a value decrease. Of course this all depends on the exact situation and for that you should pay an appraiser to look at the property for you. Good luck!

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Hi Trojans,

Dorene addresses the less desirable of two situations. Even so, property owner's have a right to access their properties and established easements usually don't pose any serious threat to value that hasn't already been factored in. However, you say the homes are all on one lot? If this is the case then there is no easement and you simply have three units which share a driveway and most tenants are grateful for off street parking..

The property is not worthless when it has a shared drive way. This is common is Rural areas where there is one long street connecting several properties. This is called an easement, where all property owners have use of the driveway.