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Discussion Starter #1
I live in Vancouver Canada, currently looking for apartments and
really like one I found a few days ago. I'm almost ready to make an
offer and then realized it's nearby a large cemetery land. I'm a
Chinese, in China people normally don't like living nearby cemetery.
Does America has the same culture? I personally don't mind at all, but
I'm just afraid that when I decide to sell the apartment, this may
affect the price a lot. here is google map for the location I'm
talking about, the apartment I fall in love with faces the cemetery
(20th floor) - http://ow.ly/MAA1

Thanks in advance for your advice.
 

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I wouldn't mind living near a cemetary. At least the neighbours are quiet. Seriously, I would rather live near a cemetary than a business, busy road or rowdy neighbours. Also, it is VERY difficult to change the zoning of a cemetary or a church, so you can be confident that what you see is what you get. It is unlikely that zoning will be changed and houses or businesses will be built on the land.
 

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It would probably affect the purchasing price the same as your selling price. So I would consider it a wash.
 

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All things being equal, I'd probably be willing to pay a slight premium if my neighbour were the cemetery. Low traffic, quiet, and some of the older cemeteries have beautiful tree-lined paths that can be great for peaceful walks in the summer.



K.

aside: Next time you're in Paris, take a trip to the cimitière de Montparnasse. Really neat.
 

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For most people I think it would not be negative. Some would consider it desirable, because it's like being next to a quiet park that can't be developed. But it would depend on the demographic makeup in your area. There are a few cultural groups (such as traditional Chinese) who would consider a cemetery a bad location. This would not necessarily affect market value in most locations - there are always other buyers. But the Chinese community in Vancouver may have a sufficiently large influence on real estate values to affect your particular area. But as others have noted, this should also be reflected in a lower price paid.
 

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I live in Vancouver Canada, currently looking for apartments and
really like one I found a few days ago. I'm almost ready to make an
offer and then realized it's nearby a large cemetery land. I'm a
Chinese, in China people normally don't like living nearby cemetery.
Does America has the same culture? I personally don't mind at all, but
I'm just afraid that when I decide to sell the apartment, this may
affect the price a lot. here is google map for the location I'm
talking about, the apartment I fall in love with faces the cemetery
(20th floor) - http://ow.ly/MAA1

Thanks in advance for your advice.
Looking at streetview, it appears the condo you're looking at is pretty big (30 stories?) so if the building is mostly full, I think you're ok. I think you may limit the number of people who would buy your place, but of the people who would, I think they may pay more since they are overlooking green versus another condo
 

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Would be a huge advantage in my mind.

People are dying to get into a cemetary, so having such a popular place nearby will definitely increase your property value.
 

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Price affects

I am a real estate appraiser and I would say yes, a home located right next to a cemetery will affect the price. Whether this is positive or negative will depend on the market place. Some people will view it positively as there is open space while others will view it as a negative connotation that a cemetery is full of bad things. You need to call up a local appraiser and find out what their experience has been.
 
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