Home Values

Melissa,
I hardly think that something so insignificent as something so tempory and unobtrusive as parking spot numbers would be anything that could reduce property values. This almost seems like there is a person who just doesn't like the fact that there is paint on the pavement surface. The alternative would be signs pounded into the ground. Prking spaces need to be numbered to avoid any arguements as to who parks where.

The way that the housing market is right now, I would be worrying about the structures outer appearance and how the grounds are maintained. Worry about how the association functions and how the entrance looks as for curb appeal, not some painted numbers on the lot.

Melissa,

Well, if they do, then I guess house numbers do to! House numbers are often stenciled on the curb in front of the home. In fact, I think the fire dept. is in favor of this practice as it makes finding the address much easier.

Please don't tell me your condo board has come up with this as a reason for reducing property values. Most ludicrous thing I've ever heard!!!!!!

i think they might. In early 2007, my home was valued at over $375,000. SOme folks came through, and painted those numbers on the curb for the fire department to find us, etc... I put my house on the market, and a year later in 2008, my home barely sold for $270,000. $100,000 loss in value, right after they painted those numbers.

I find the whole thing Brian posted very believable. (All except the cause and effect relationship.)

But I am wondering, did you paint lines as to where the spaces start and stop? If so, then why the big deal about a number?

I would be vehemently opposed to such a plan in my neighborhood. Then again, I have never really felt a space crunch on my cul de sac with no houses at the end.