Posted by Jason on December 19, 2001 at 11:22:16:
I once heard that you can not buy a cemetary. Also - there are no new cemetaries being opened anymore. I this true? I have never seen “New Cemetary Now Open” ad ever in my 29 years.
Jason
Cemetaries… - Posted by Mick
Posted by Mick on December 17, 2001 at 18:07:19:
I have a chance for a piece of raw land directly accross the street from a cemetary. It would be a decent price for the land but I’m worried about the possible external depreciation factor of a cemetary. Anyone have experience with this…was looking at building a new house or two on it. Who knows what I’ll find when I start digging the basement 
Mick
Re: Cemetaries… - Posted by Mick
Posted by Mick on December 18, 2001 at 20:52:50:
Thanks for the replies…guess I’ll try and get it under contract. I’m still going to go 5k lower than asking and see what feedback I get. I went out there again today and think it may be a keeper.
Thanks again,
Mick
Re: Cemetaries… - Posted by Brent_IL
Posted by Brent_IL on December 18, 2001 at 16:34:11:
No personal experience, but a guy I once met a seminar stated that the cemeteries that require the grave markers to be the flat-to-the-ground metal kind are looked at more positively than the kind with traditional headstones. Just passing it on.
Quiet Neighborhood! - Posted by David Krulac
Posted by David Krulac on December 17, 2001 at 18:32:48:
that’s not the scary part, not finding comps is. How can you possibly know what its worth and whether what you’re paying is a good price without comps? I wouldn’t buy anything unless I knew what its worth.
David Krulac
Re: Cemetaries… - Posted by Tom-IN
Posted by Tom-IN on December 17, 2001 at 18:13:45:
My dad bought a lot directly across from a cemetary in about 1950. He’s now preparing to sell the house and move to a nursing home. We noticed no ill effects. By the way, the latest grave there is about 1710, and the wife of one Daniel Boone is buried there.
Re: Quiet Neighborhood! - Posted by Mick
Posted by Mick on December 17, 2001 at 18:38:48:
There’s plenty of comps within a quarter of a mile but of course none of them are accross from the cemetary. This is a small cemetary on the outskirts of town…an older cemetary. I hope the neighborhood is quiet but then again do you remember poltergeist 
Mick
Re: Cemetaries… - Posted by Mick
Posted by Mick on December 17, 2001 at 18:25:50:
Thanks Tom, that’s what I wanted to hear! This isn’t the easiest property to find comps for. Anyone else?
Mick
Re: Quiet Neighborhood! - Posted by David Krulac
Posted by David Krulac on December 17, 2001 at 21:28:41:
I really don’t think its a big negative. One cemetary near here is all level and kids ride their bikes there away from street traffic. At another cemetary house are across the street and back onto the cemetary, which breaks up the neighborhood, almost like backing onto or across the street from a golf course.
What do I know?
David Krulac
Re: Cemetaries… - Posted by Mark (WV)
Posted by Mark (WV) on December 18, 2001 at 19:01:32:
Well Mick I own a rental right across the street from not one but two cemeterys, one is a vfw and the othe belongs to the church.
I never gave it a thought when I bought it two years ago but the comps are the same as any other that is close and better than others that are farther away from it.
The people who rent it say it is the best area they have ever lived in, quiet, good neighbors who don’t party !! They have lived there the entire time , NO TURNOVER !! so they must like it, by the way I had 37 apps for this rental in 1 week
Mark
Re: Quiet Neighborhood! - Posted by Nate(DC)
Posted by Nate(DC) on December 18, 2001 at 20:13:45:
Or on Capitol Hill in D.C., Congressional Cemetary is a popular place for yuppies to gather with their dogs because it’s one of the few park-like places (stretching it a bit, but this is the middle of the city) where dogs are allowed off their leash.
NT