Harry K wrote:
jetgraphics wrote in message
...
Chas wrote:
I recently learned that our local (Charlotte, NC) Habitat for Humanity
has purchased land on which to place homes.

I am curious as what effect (if any) this would have on home values in
the immediate area.

If H-F-H builds out of concrete sandwich (3-D Panel, Tridipanel, or other
encapsulated insulation system), the new "frugal" homes will be more
durable, low maintenance, and a higher quality than the pre-existing
homes. That may definitely hurt your resale value, when the po' folk live
in better houses.

I am for the HFH project but if someone thinks that they will build
250,000 dollar houses of any type of construction, think again. They
will build basic box houses from the ones I have seen and will not be
-big- or -fancy- houses. Far from poverty level but also not something
I would want in an upscale neighborhood.

Harry K

The point is that expensive houses are not built better, or with better
materials, or more durable than the frugal concrete sandwich H-F-H homes.
I can agree the upscale neighborhoods would dislike being reminded that they
bought over priced, under built housing, because it was "stylish" or
"marketable" or whatever irrational reason led them to it.