What impact do churches have on property values in a neighborhood?
There is no evidence that churches have a negative affect on property values. Consider the following: The Wayzata City Assessor has said that a church at this site will not affect property values. City Assessors from Minnetonka and St. Louis Park said they never have never seen a church have a negative affect on residential property values. The City Assessor of Excelsior stated he has never seen the presence of a church affect property values one way or another. Anecdotally, he stated that he has seen a positive impact on neighborhoods in terms of safety and community building. The City Assessor of Orono said churches have less impact on neighborhoods than a commercial project does. In a study done LOCUS Architects of property values in relation to distance from a church property they found that churches have a negligible affect on property values. In the Holdridge neighborhood what does affect property values is a property’s distance from Highway 394. Home values increase by 215% as t
