Negotiating with the seller is always worth trying, even in a hot housing market. Don’t be afraid to offer lower than the asking price and negotiate up! As mentioned earlier, plan for your
The Pros And Cons Of Buying A Property Near A Cemetery
Dated: October 23 2020
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Would you mind buying a home near a cemetery? Or do you think it could be a “grave” mistake, especially if you're on the hunt for your first home?
With roughly over 144,000 cemeteries and graveyards located in the U.S., it isn’t surprising that many of them are located close to residential neighborhoods.
But because location matters in real estate, many buyers may find it unsettling to buy next to a graveyard. A cemetery is considered an “undesirable” location after all, much like near train tracks, a highway, near an airport, or even close to a cell tower. While studies have shown that cemeteries in general had no obvious effect on home prices, here are some of the pros and cons to help you think things through.
PROS
Cemeteries are green spaces with no nearby developments.
Graveyards are typically well-maintained and beautifully landscaped, with park-like spaces where people can enjoy walking and do other forms of exercises. Also, cemeteries are almost always being left alone, which is why homeowners living near them won't have to worry about residential or commercial developments that might affect their neighborhood.
Areas around cemeteries are quiet and peaceful.
It's true when they say, “cemeteries make quiet neighbors”. While there’ll be noise from occasional funeral processions, earth movers, and visitors, cemeteries are usually quiet for much of the year. Especially if you’re fed up with the normal hustle and bustle or rowdy neighbors and their noisy activities, this is where you can find the peace and tranquility you’re looking for. It’s also perfect for people who love the history and connection of a cemetery to the community.
Homes located near a cemetery are usually more affordable.
This is great news if you're looking for more affordable homes and don’t mind living a stone’s throw away from a graveyard. According to a 2016 research by realtor.com®, the median home price in neighborhoods with a cemetery are about 12% lower than similar properties in other areas without graveyards. And since a cemetery is not seen by many as a good selling point, sellers might be glad to negotiate on the price. And if a discounted price is not yet a huge advantage, properties near cemeteries are usually larger and have more space.
CONS
Cemeteries give people a spooky or uneasy feeling.
While this one is more psychological, the spooky atmosphere of a cemetery can give many people the creeps. For some, it might even be a taboo to consider a property next to a row of tombstones. Others might not want a constant reminder of their mortality and don't want to be reminded of the sorrow and grief that comes from losing a loved one.
Possible source of environmental contamination and groundwater pollution
One concern is the risk of toxic chemicals from coffins, formaldehyde from the embalming liquid, and even mercury from medical products, which can pass through the soil and intro groundwater. However, there's now a growing number of “green” cemeteries where green or natural burials are being done as a viable alternative.
The home may sit longer on the market when you decide to sell.
Since a cemetery is generally not seen as a selling point, properties near cemeteries tend to sit longer on the market. There's also a limited pool of potential buyers because of the stigma surrounding cemeteries.
But despite the longer days on the market, studies have shown that homes for sale near cemeteries are not severely impacted by the proximity of the deceased, and may actually sell for more.
Tips when contemplating whether to buy a home near a cemetery:
- Acknowledge the location - You might have to accept that it is what it is, just like buying a home near a school district or next to a train track. The condition of the graveyard may also be a consideration—whether it is well-maintained, and if there's a buffer between the homes and the cemetery.
- Focus on the property itself - If you're still wary of living near a cemetery, try to look past the tombstones and highlight the home’s features. Is it sitting on a desirable cul-de-sac? Does the home have new HVAC systems, or an updated kitchen or master bath? Is the home’s architectural style something you’ve been dreaming about? At the end of the day, it boils down to whether you’ve considered the pros and cons of living near a cemetery and if you’ve already found your dream home.
Janette Friend-Harrington
"Your Legacy Begins At Home" Janette and Doug and their Friend Team have more than a real estate practice; they have a mission called "Your Legacy Begins At Home". The mission combines years of real ....
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The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. IDX
