Have any Realtors noticed the sex offender laws impacting housing prices?

by **garwyli91** » Fri Dec 16, 2011 2:52 am

In most states now, laws prohibit sex offenders living within a 1000' of schools, some go beyond that and include a variety of other things such as daycare, parks,etc...

Has anyone noticed whether such laws have begun to impact prices? I know people who would never buy a house under powerlines, on the off chance they do cause cancer. There is a Chinese custom of southern facing houses being lucky, which has effected sales in California. Has "being sex predator friendly" hurt the sale prices of houses?

I've seen at least one news paper story of a Florida man who specialized in high priced rentals in a particular neighborhood, which was one of the few in the county where sex offenders could live. He'd made high rents catering to such offenders.

by **vruyk** » Fri Dec 16, 2011 2:55 am

People are checking to see if there are sex offenders living nearby before they buy a home. It's always Location, location, and location rules. Yes, it most certainly affects the prices in the neighborhood, being they're not as desirable.

by **ayize** » Fri Dec 16, 2011 2:59 am

The seller of a property may not know of or have to disclose the names and address of sex offenders in the neighborhood so I doubt that there are any statistics one way or the other. If it was a public known fact then the prices may be affected.

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