Saturday, November 2, 2013
A recent study revealed that houses within 50 feet of a cemetery sell for 13% more than a house with similar features, not near the cemetery. The price per square foot is roughly $8-$12 more expensive for homes near the cemetery. The reason: acquiring property near a cemetery means a quiet property.
See Mary Beth Quirk, Buying A Home Near A Cemetery Will Cost You More Because Everyone Likes Quiet Neighbors, Consumerist, Oct. 31, 2013.
Special thanks to Brian Cohan (Attorney at Law, Law Offices of Brian J. Cohan, P.C.) for bringing this article to my attention.