Is it a bad idea to buy a house next to a cemetery?

Is it a bad idea to buy a house next to a cemetery?

Living near a cemetery doesn’t really affect your home’s value, instead, it shrinks the market. A house near a graveyard might stay longer on the market, waiting for a buyer – up to 48 days, according to Redfin. But it can also sell for a better price.

Is a graveyard a good investment?

Baron says cemetery real estate is a really good investment. Demand is steady, and supply is always decreasing. After all, once people move into a cemetery they don’t leave. So even in less expensive cities grave plots start at around $1,500.

Is it smart to buy a burial plot?

When it comes to funeral and burial considerations, it is often a good idea to buy a burial plot in advance. Even if you aren’t a planner or don’t feel ready to plan your entire funeral, at least consider buying the burial plot now.

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Does a cemetery affect my home’s price?

It also dampens my home’s price: According to research by realtor.com® , the median home price in ZIP codes with a cemetery sink about 12\% lower than similar homes in other areas without a collection of corpses 6 feet under.

Is it dangerous to buy a house near a graveyard?

Some people also fear the potential of criminal activities taking place in the various hiding spots between tombstones. But despite those possible perils, it turns out buying a home near a graveyard may not be such a scary idea.

Can a cemetery be a selling point?

Since a cemetery is generally not seen as a selling point, the homeowner—Floyd’s wife—was happy to negotiate on the price and give us a deal. She moved out, but upon dying returned “home” to be buried beside Floyd, across the street from where she raised their four kids—and where I’m now raising my own.

What is it like to live next to a cemetery?

The dead are quiet folks. When you enter a cemetery, you usually get the impression of a peaceful green expanse. “If you’re living by a cemetery, you’ll have lots of ‘neighbors,’ but it most certainly will be quiet,” says DeBianchi, who’s also a host on Bravo’s “Million Dollar Listing Miami.”