Property Values affected?

[nomeansno]

What is the name of your state (only U.S. law)? Colorado

Will it devalue a home if the neighbor runs a yard sale business every other weekend through the summer months? If someone is planning on selling their home this summer, is this something a homeowner should be concerned with?

There is an ordinance on the books banning second hand salvage sales in the city limits. The town board does not seem to think this applies.

Is it worth fighting out in civil court if the board can't stop it? Or is the effect on property values minimal?

 

[HUD-1]

Value will be based on recent sales prices in the neighborhood of similar homes. Adjustments are then made based on any differences. I have never seen an adjustment on an appraisal for "permanent yard-sale next door". That said, if it is ugly enough and they are loud enough, potential buyers may see it as a nuisance.

 

[IrishNodak]

What is the name of your state ? Colorado

Will it devalue a home if the neighbor runs a yard sale business every other weekend through the summer months? If someone is planning on selling their home this summer, is this something a homeowner should be concerned with?

I doubt it. Any prospective buyer is going to think it's a one time thing and not come every time they are having the yard sale.

Is it worth fighting out in civil court if the board can't stop it? Or is the effect on property values minimal?

On what grounds? Not worth it.

What city are you in? I'm in Colorado and in my town, you have to have a permit to have a yard sale and you can only have 2 per year. You might check and see if your town has a rule or an ordinance like that.

However, I say be good neighbor and leave it alone. If your house is nice enough to sell, it's going to sell itself. The market sucks right now anyway and Colorado is one of the worst states.

 

[HomeGuru]

What is the name of your state (only U.S. law)? Colorado

Will it devalue a home if the neighbor runs a yard sale business every other weekend through the summer months? If someone is planning on selling their home this summer, is this something a homeowner should be concerned with?

There is an ordinance on the books banning second hand salvage sales in the city limits. The town board does not seem to think this applies.

Is it worth fighting out in civil court if the board can't stop it? Or is the effect on property values minimal?

**A: if it is personal then it's ok, if they start running it like a business and start bringing in crap to sell, then it may be a zoning violation.

 

[nomeansno]

It's actually not my house.

I'm kind of on the other side of the issue, it is a family members business, and just curious as to the legal opinions of people not involved.

 

[nextwife]

**A: if it is personal then it's ok, if they start running it like a business and start bringing in crap to sell, then it may be a zoning violation.

IT MAY be OK, depends on local ordinance. Our village very strictly limits yard sales to two a year, no matter what the stuff is.

 

[rowz]

From the OP's post it seems like the town does not care too much.

the merchandise they do care about is "salvage" which has a specific meaning.....and yard sale goods [in most cases] are not salvage.

If I was a neighbor and was really upset and concerned about this activity, I would check the state laws about the issue of sales taxes.

If they are running a business and the Statw requires Sales Tax to be collected, accounted for and remitted on the sale of used goods, then an objector could gather evidence of the sales, i.e., newspaper ads, Craiglslist ads or just pictures of the activity and contact the Sales Tax enforcement division of the State Gov't.

Even Al Capone got caught and dealt with for not paying taxes.

 

[nomeansno]

Yes taxes have always been paid. The town does not offer business licenses, just sales tax licenses. There is a valid business license through the State. No ordinances prohibiting yard sales, no zoning at all. We don't even have building codes.

So what are the offended neighbors options with regard to stopping the store?

What options are available for the store to keep it's doors open?

I would say a simple hey, lets see if we can work together on this would be the proper way to deal with it but since this actually goes back to an 8 years vendetta on the part of the offended neighbor involving any number of police reports, court appearances, restraining orders, missing pets, attempted murder and overwatering accusations most found to be false, some just found to be plain stupid I am willing to bet this will not happen.

I'm laying bets on it ending up in court, again, and getting nowhere, again, and never ending, again... but that's jsut me.

That's for the input. I'm just curious to see where this will all end up.

 

[HomeGuru]

IT MAY be OK, depends on local ordinance. Our village very strictly limits yard sales to two a year, no matter what the stuff is.

**A: wow, so strict. Does your village have a cap on the amount of toilet flushes per week?

 

[nextwife]

**A: wow, so strict. Does your village have a cap on the amount of toilet flushes per week?

Nah. Being 600 yards from Lake Michigan, we have plenty of water!

 

[HomeGuru]

Nah. Being 600 yards from Lake Michigan, we have plenty of water!

**A: I always wondered why the lake was so full.