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 The Brownstone Group
Kathy Sexton
Email Me | 832.654.0065
  • Home
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Haunted Houses or Happy Huntings?

Posted OnOct 24, 2013

You might think that houses closer to cemeteries may be harder to sell, but surprisingly, it looks like they might actually sell for a better price than homes farther away from cemeteries.  According to Redfin, a national brokerage, these “scary” houses may take a bit longer to sell, but with no backlash to their prices. On the contrary, the online housing marketplace offers statistics showing that these haunting homes sell for higher prices.  Looking at the comparison of houses less than 50 feet from a cemetery to those 100, 200, 500, and 1,000 yards away, Redfin states:

“The numbers indicate that on average, homes near cemeteries are slightly smaller, but sell for more per square foot.  On average, homes closest to cemeteries sold for $162 per square foot, whereas the homes located more than 500 yards away sold for $145 per square foot.”

However, Redfin found that it takes longer to find the proper buyer for houses adjacent to cemeteries.  On average, homes less than 50 feet away took 48 days to sell while homes farther than 500 yards took 39 days. 

Listed below are the top five cities with the most homes for sale less than 100 yards from a cemetery, picked by Redfin from 90 metropolitan areas on October 15th.  Happy hunting!

1. Baltimore, Md.

Homes for sale near cemeteries: 172

 

2. Philadelphia, Pa.

Homes for sale near cemeteries: 157

 

3. Chicago, Ill.

Homes for sale near cemeteries: 115

 

4. Boston, Mass.

Homes for sale near cemeteries: 50

 

5. Atlanta, Ga.

Homes for sale near cemeteries: 41

 

Article Citation:  Kim, Susanna.  (October 22, 2013).  The spookiest homes on sale.  ABC News.  Retrieved October 23, 2013 from: http://abcnews.go.com/m/story?id=20646302
Picture Citation:  http://thedesignhome.com/2011/04/house-overlooking-cemetery-by-eldridge-smerin/

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Kathy Sexton
Email Me | 832.654.0065

The Brownstone Group
1401 Woodlands Parkway
The Woodlands, TX 77380
832.654.0065
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