When any developer applies for permits in a community, the local government becomes very involved. Even if only a single house or business is being built, there will be an impact on the community that should be positive for property values. Houses tend to have vehicles and children, so there...
Over the last few decades, many developers built entire neighborhoods rather than single houses as a way to invest less while gaining more profit for their work. They often negotiated impact fees with the small towns where they developed, and property values rose as the new neighborhoods became integrated into...
Property
Filling Abandoned Buildings
Areas where commerce and housing are combined can be a great selling point for many, but they can become rundown as businesses and people move out. For those watching the value of their property go down, filling abandoned buildings can be an economic boon. Developers look for these opportunities when...
In many small communities, the value of commercial property has dropped tremendously as large commercial developments have been built. Large stores, usually chains, have changed the face of the landscape. Small shop owners often find it impossible to compete with large stores, and they see the businesses they have built...