Saturday, March 22, 2014

my question is ,if there is a unknown about cemetary underneath a popular area of homes,does it change things to reveal sch information. Cou...

Question

my question is ,if there is a unknown about cemetary underneath a popular area of homes,does it change things to reveal sch information. Could it bring property value down,becausealot of people whom where buried ,did not have funerals,and were not moved,before others built on top of them?



Answer

If it were discovered that a residential area had been built, without anyone's knowledge at the time of its development, over an ancient cemetery or burial ground, that discovery would probably have some negative effect on property values. 90% of the owners and prospective owners wouldn't give a hoot, but if 10% would be spooked, more or less, by the known or suspected presence of an ancient burial ground, that would be enough to reduce demand and thereby bring property values down a bit.



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