Property values

Breaking news: rumor of fire station scuttles home sale

Last week, an offer was made on a property for sale on Sunset Drive. When the buyer was informed of rumors that a fire station might be built on Cocoplum Circle, the buyer withdrew their offer.

Note: they did not reduce their price by 20% or more, they simply were no longer interested in the property at any price. This is the worst possible outcome.

The fire station has already hurt prices.