John Mosier, Prescott's Patriot Agent  928 533-8142 (Realty ONE Group Mountain Desert)

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Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

that does NOT devaluate the property..... there are wetlands on the majority of subdivisions in my area.... I've listed 40 of them.... wetlands are a buffer...they need to stay growth can be trees in that area can be cut down.... it's privacy.... but the property owner does own it.... 

Aug 14, 2017 12:26 PM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Not familiar with that topic John

Aug 15, 2017 07:03 AM
Debe Maxwell, CRS | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

It absolutely doesn't de-value the property! 

In fact, I purchased a lot with a conservation easement and the enjoyment that we have, living right in the heart of the city, watching the wildlife in our own backyard is priceless! 

Aug 14, 2017 08:00 PM
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

It does lower it for me, but for some this may be a positive.

The one thing for sure, your pool of buyers is likely to be smaller with the easement.

What is the purpose for this easement?

Aug 14, 2017 07:54 PM
Lyn Sims
Schaumburg, IL
Real Estate Agent Retired

I would say in this case yes as it definately effects the placement/use on the lot. In fact, it's a giant hunk of the lot!

It's a bonus as no one would ever be behind you obviously & would have to do the same conservancy as a forest preserve would. Might even effect trees/plantings.

Aug 14, 2017 03:49 PM
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

According to the map it can affect value in a large way as the buyer could not use his/her own lot the way they want 

Aug 14, 2017 02:38 PM
Richard Weeks
Dallas, TX
REALTOR®, Broker

Based on your sketch and information provided I would say no.

Aug 14, 2017 12:53 PM
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

      We have Lake Protection zoning where 50% of the land can't be touched.  It devalues it if you are a developer trying to fit as many units as possible onto the property.

     Also - if a sizable portion of "your" land cannot be developed, you may want your attorney to present a case to the Property Appraiser or VAB for lowering your assessed value.

Aug 14, 2017 12:37 PM
Caroline Gerardo
Licensed in 20 states - Newport Beach, CA
C. G. Barbeau the Loan Lady nmls 324982

 Value is in the eye of the beholder. Conservation easements run with the land forever. Landowner has tax advantages. Allows for wildlife habitat, wetlands and recreational opportunity for hikers. Owner may not like hikers coming through but may enjoy seeing  blue jays, foxes, and native plants. Looks like some nice Ponderosa pines, red willow, oak and chapparal which allow beautiful views and a lifestyle in nature. I would personally love to be next to this open space.

As to this lot the shape is a bit strange being a circle with entrance/egress access from Centenial I can't tell how wide the entrance road will allow. Access appears to go through the creek bed - so either build a small wooden bridge or have 4 wheel drive for the few days a year it runs. Buildable/ usable Lot is about 7000 square feet? (guess) ?

Aug 15, 2017 02:33 PM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

It is up to the prospective buyer. Some love or some don't

Aug 14, 2017 06:55 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

It looks like that would enhance the desirabilty of the property and bring a higher price.

Aug 14, 2017 05:40 PM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

I think Barbara Todaro has a very good answer for your question.

Aug 14, 2017 05:20 PM
Anna Banana Kruchten CRS, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ

Personally I would think that is a bonus to live next to a conservatory and close to hiking trails.

Aug 14, 2017 02:21 PM
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

This could result in an increase in value.  In our state, there could also be a cost savings in property taxes.

Aug 14, 2017 01:53 PM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

It does not devaluate the property.  However, in the minds of some it may limit the number of homes that can be built, if that is how they are looking at it. A

Aug 14, 2017 01:00 PM
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

I don't think it devalues property at all. 

Aug 16, 2017 08:05 PM
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

Unless the public can use it, it's just nice open space on your property and property taxes for it should be lower.

Aug 15, 2017 02:05 PM
Ryan Huggins - Thousand Oaks, CA - Thousand Oaks, CA
Residential Real Estate and Investment Properties

It really depends on the desireability of the area.  Out in Malibu some of the private beaches behind people's houses are being swallowed up by conservation agencies and opened to the public.  That's definitely killed the value.  I'd say that anytime a restriction is placed on land that prevents the full enjoyment by the owner that it decreases the value.

Aug 15, 2017 09:17 AM
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Lots of great comments here from people who know better than me. My response would be ... it depends ... many variables that could increase the value, make no difference or decrease value ... and it depends on a buyers use of the land. 

Aug 15, 2017 08:27 AM
Nathan Gesner
American West Realty and Management - Cody, WY
Broker / Property Manager

I don't think it would matter much because there's plenty of room to build without encroaching on the protected space. There may even be government funds (shudder) to help improve the conservation area.

Aug 15, 2017 07:08 AM
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West - Carlsbad, CA
Presence, Persistence & Perseverance

That depends on what value the owner of the parcel puts on not being able to develop it, or if the owner appreciates open spaces and wildlife. I would select the latter.

Aug 15, 2017 06:09 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Yes, it will decrease the value because there's less usable land for the owner.

Aug 15, 2017 06:02 AM
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Parked and reading...

Aug 15, 2017 05:23 AM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I agree with Ken,

Aug 15, 2017 02:53 AM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

John Mosier - as always, great answer from Kenneth J. Jones, Director.

Aug 14, 2017 10:26 PM
William Feela
Realtor, Whispering Pines Realty 651-674-5999 No.

Not neccessarily

Aug 14, 2017 06:11 PM
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

John Mosier In this case I don't believe it would decrease the value since the useable area is still larger than other lots in the subdivision. This could be an added plus in value. It may be a perk since there probably would be no further development within the conservation easement.

Aug 14, 2017 02:48 PM
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Not really. many people around here like conservation easements. Privacy, wildlife habitat, tax credits, protected from further development, etc.

Aug 14, 2017 02:01 PM
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I would like it.

Aug 14, 2017 01:42 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hard to say without knowing the area. I've seen it be a problem and I've seen it be an advantage.

Aug 14, 2017 01:19 PM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Restrictions can cut both ways. You'll find out when you go to inquire

Aug 14, 2017 01:12 PM
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

 That depends on the location. In San Mateo County, CA there was a rural triangular lot in default. The banks says no one seems to be interested if you get someone doing a BPO by a third party they will heavily discounted it.  For about .4 ac a 1500 sf SFH with a conservation easement or firelane in the back, the agent who always pays 50 cents on a dollar, I told her 520K is a realistic good point to approach the lender.  She offered 250K. The home was offered to another investor for $600K she turned around put it right on the market sold for $950K. Today with little improvements on it it will fetch about $1.3-1.4M. All happening in a few years.  So what is the impact of conservation I think it is more than excuse used by the buyers to get it for less. If it is up in Sierra I do think anyone cares or wanted it.

Aug 14, 2017 12:57 PM
Roy Kelley
Retired - Gaithersburg, MD

Many would love this easement. Others will want to look at any use restrictions. You did not mention if a septic tank field will be needed.

Aug 14, 2017 12:37 PM