Does it affect our property values to have a house in the subdivision that parks several trucks in and around the driveway ??

Asked by tkward, Nicoma Park, OK Wed May 15, 2013

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Ryan Hukill, Agent, Oklahoma City, OK
Wed May 15, 2013
Basic supply and demand. If demand (or appeal) of your neighborhood is lowered due to the appearance of the neighborhood then yes, over time values are negatively affected, simply because fewer people are attracted by said neighborhood. It's the main premise for most HOA rules, such as hiding the trash cans, no commercial vehicles, boats, campers, etc.
0 votes
Josh Barnett, Agent, Carney, OK
Wed May 15, 2013
Your city should have an "Action" department that will send an inspector out and ensure no codes are being violated and if there are codes being violated, they will ticket the offenders.

Best of Luck.
0 votes
we dont have many functioning depts. WE NEED TO BE ANNEXED!!!!
Flag Wed May 15, 2013
tkward, Home Seller, Nicoma Park, OK
Wed May 15, 2013
Chris - we need some help with some things. Several trucks and a puppy mill may be toooo much.
What can we do??
0 votes
Christopher…, Agent, Tarrytown, NY
Wed May 15, 2013
This is a classic example of why many HOA's and condo associations have a no marked or commercial vehicle parking rule in my area. I wouldn't say it's going to lower your property value, may just turn some people off. It also depends on the type of trucks, how often, etc etc

Chris
0 votes
Phil Rotondo, Agent, Melbourne, FL
Wed May 15, 2013
Indirectly. Potential buyers may not be interested in properties adjacent to this issue, sellers may reduce the price to leave this issue, and any sales might be at a lower value which will affect all overall property values in the area.
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