Legislation Affects Home and Business Value

LegislationWhile it might seem like a good idea to shave a couple points off the purchase price, a dyi method of real estate purchasing could have a substantial impact on property value in the not-so-distant future.
The Branson Tri-Lakes board has hundreds of geo-political entities with houses and businesses on the market and understanding the impact on property values is something our agents spend time studying. It’s a constant education process of which experience is key.
Stone County for instance has a ballot initiative allowing citizens to choose whether they want a full time planning and zoning board. On one hand long term growth, safety concerns and “neighbor” ordinances can help increase value. On the other hand the business you might purchase property for could be held up in a legislative cycle that could prolong, raise expenses or make opening a business impossible.
In Taney County, Branson has been pushing legislation that requires a $250 fine for cutting down a tree. Doing so without permission is a misdemeanor and though you probably won’t go to jail it’s good to know that the cost per uncleared acre could amount to a $2,000 fee.
Buying that new house or new business is often the culmination of dreams. Without consulting a broker or real estate agent at 76realty.com these dreams can quickly become nightmares. Our firm consists of not only real estate but business professionals too. Call one of our agents today to hit the ground running before you learn firsthand what invasion of property rights feels like first hand.

Leave a Reply

 

Branson Area Real Estate News - 76 Realty is proudly powered by WordPress
Entries (RSS) and Comments (RSS).