increasing the house price??

[cleo1]

this might be a difficult question to answer but our house leads on to a large playing feild/ football pitch a lot people go walking their dogs & things.
we have recently found out the concil are going to build a large primary & nursury school, so the feild is going to go.would this affect the price of our house beacause we were thinking of moving maybe now or when the school is built
thanks.

[missieb]

It isn't straightforward because it is true that some people might prefer the open space as it is. But others, who might have children who would attend the new school, could find the new build an advantage. Best advice is to move when it suits you - as long as all your prospective buyers know all the facts you shouldn't have a problem finding the right one.

[oldwoman]

If you sold the house to someone with children,but it wouldn`t be my first choice.My friend bought a house next to a school and at playtimes there`s not a lot of joy sitting in the garden.

[buildersmate]

Just suggest you don't think about moving whilst the construction work is going on. Construction work in progress always seems more messy than it actually is - may tend to put prospective buyers off.

[meltoadhall]

at least living next to a school, you can be sure of quiet summers and no wild christmas or new year parties.
it could be perfect for the young couple with children, but a nightmare to the elderly who dont like children.
it could be worse - a large housing estate could be going up
move when you want to.

[kwicky]

If it were me I would sell now before any construction takes place. Once built the school would appear more imposing, the noise may be unbearable, the parking of cars outside your property may deter many buyers. What you can't see now can only be left to the imagination, the lesser of the two evils.

[Postdog]

We had a new school built within the last few years round this way, and I don't think it has helped property prices. It has certainly helped estate agents, because as soon as they get a chance, the houses go up for sale.

Bear in mind tho that if you go before it is built, a land search by any prospective buyer would reveal the plans.