The Janesville City Council has approved a plan to install sidewalks throughout the entire city. This plan over-rides any deed restrictions or covenants that run with the property. I believe this will lower property values and deter people from buying within the city. Home buyers specifically target areas without sidewalks for various reasons. Now, there can be no expectation for these kind of properties within the city of Janesville.
The burden placed on existing homeowers is great. Many residents voiced their displeasure with this measure during an April council meeting. Some will have a bill of $5000 or more. A burden many can not bare during this down economic period.
This is simply a bad move now or in the future. What are your opinons on this Janesville sidewalks issue. Please let me know by leaving a comment.
Regards,
Michael Collins - Broker
Rock Realty
(608)921-8536
Rock Solid Real Estate Strategies
Showing posts with label Sidewalks. Show all posts
Showing posts with label Sidewalks. Show all posts
Wednesday, April 21, 2010
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