Would you buy a house near a correctional facility?
As some of you know, my wife and I are looking for a home. We found one this morning that we absolutely loved. It has been sitting on the market for 240-some days. That got me thinking of what is wrong with it. My first thought was that it was an older home and most people like new, especially where this home is located. But it really is a great home. Then, after some research on the computer and looking at overhead views I realized a correctional facility butts up to the property.
This house sits on 5.75 acres completely surrounded by trees. You can see one other house when you walk down the driveway but nothing near the house. About 400 yards to the NW is where the facitility is located. It is a maximum security prison.
I'm not really worried about safety as break-outs really don't happen in real life, only Hollywood. I'm worried more about the resale value and perhaps other things I can't think of at the moment. You can't even see the facility from the home and you would have to walk a ways to get to it so it is not an eyesore or any type of nuisance (at least that I can tell).
Is living near something like this kind of like living right on the interstate? People put up with the noise because they can get the house they want at a cheaper value?
Thoughts?
__________________
2009 ML320 Bluetec
1985 300CD
1981 300TD

Past Mercedes
1979 300TD
1982 300TD
2000 E320 4Matic Wagon
1998 E430
1984 300SD
1980 300SD
|