Proximity to certain facilities and businesses
Studies show that living close to certain businesses and facilities can drag down property values. Being in close proximity to the following are associated with these drops in property value:
Bad school (22.2 percent)
Strip club (14.7 percent)
Homeless shelter (12.7 percent)
Cemetery (12.3 percent)
Funeral home (6.5 percent)
Power plant (5.3 percent)
Shooting range (3.7 percent)
Hospital (3.2 percent)
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