As an Exclusive Buyer's Agent, it can be summed up easily. What are my clients looking for in a property, and does it have more of their "wants and needs" then not/
These types of property flaws can't be alleviated to perfection -- you can't move the highway! And because some people don't like the "white noise" that can occur being too close to a major thoroughfare, they won't like the home for this reason alone. If the sound of the traffic is absorbed by the mature trees, landscape and set back, perhaps you can advertise it as honestly as you can. "Sits near freeway, but noise is buffered." If the price is right, you'll get buyers to look. What buyers don't seem to care for are the listings that have a clear and present . . . negative. Omitting it is almost like sweeping the dirt under the carpet. Get it out there! Talk about it in your listing. The buyers that will come out to tour and will be serious about this property. Withholding this information, although it's not a disclosure item, might make buyers walk away disappointed and/or annoyed. Why? Because they've just toured a home that looked and sounded better in print! Of course, we do have mapping options available to us, and most of the tours I put together I use this, and if my clients has stated "I do not want to be near a freeway," there wouldn't be much I could do to show your listing. But . . . if your listing verbiage countered the negative -- honestly -- and the rest of the property fit my client's preferences, I would consider including it in our tour!
Hope that helps!
Carla E. Muss-Jacobs, ABR, CEBA, e-PRO
Your Exclusive Buyers Agent!
EBA Portland, LLC
14845 SW Murray Scholls Dr., #110-518
Beaverton, OR 97007