A friend bought his dream house a few years ago, 3200 square feet on 5 acres. All the houses in the area are on 5 acre or larger lots giving everyone lots of elbow room. The house is located on an arterial road in a somewhat rural area.
His dilemma is right next door. Shortly after moving in to the house, a sign went up next door announcing that that property was going to be the new home to a church, it just says (name of town) evangical church. The house on the property is similar to his and the owners, who he has met on just a couple of occasions, seemed nice. He figured the house would be torn down to build the church.
3 months ago, a new sign went up, it contained info about an evironmental impact statement and a propose land use change. My friend read the sign from the street but never obtained one of the flyers attached to the sign. Now he is saying that was a big mistake.
A few weeks ago some large earth moving equipment was brought in and construction of the church has begun. My friend noticed that construction was going on around the house and it did not appear the house was going anywhere. Also, a large pit was dug next to his property, less than 50 feet from his house. He went to the town building department to find out what was happening. A new church, big enought for 1200 folks, is going in but the house is staying too. The owners of the property obtained a variance that allows the property to be divided into 2 smaller parcels, one for the church and one for the house.
The pit near his house is going to be a storm water retention pond. Around it is going to be a parking lot that can hold 320 vehicles. The church itself will be about 7500 square feet and include a pre-school and private elementary school. The variance was granted because there were no objections and the land use folks feel there will be minimal impact on the neighborhood.
Besides the increase in traffic, especially on Sundays, my friends biggest fear is his propery value. The house he bought was valued at over $500,000 four years ago, he paid less than half that for it. He had hoped that the house would return to it’s original value in about 12 years or so when he plans on retiring from his employer.
He has scheduled an appointment with an attorney to discuss his options but right how he is really scared about what is going to happen to the value of his property. My 2 part question I have for all is, what is it like living next door to a church and what does a church do for propety values. Depending on what his is told by the attorney, he may decide to sell sooner rather than later. I would like to offer him some opinions, hopefully some in a positive light.