Home Buying in Kenosha>Question Details

Alderin, Home Owner in Chicago, IL

How does a new casino in the neighborhood affect home values?

Asked by Alderin, Chicago, IL Mon Feb 18, 2013

I am looking to purchase a home and one of the areas I like has the potential for a new casino to be built within abour 1/4 a mile from the home (although not visible). Will this have a negative impact on the home value?


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It could be good or bad, depends on your point of view.
Most casinos do not want a bad image, they bring in tax revenue and jobs
Check with your realtor on his/her opinion, if you are not working with a realtor I would be glad to help you.
0 votes Thank Flag Link Mon Feb 18, 2013
I live in that same area myself.......There are many conflicting points of view.I focus on the ease of transportation,hospitals nearby,shopping,great schools.As far as the casino goes,it is still in negotiations.If you have more questions,swing me an e-mail.

0 votes Thank Flag Link Mon Feb 18, 2013
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