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land that is about 3.5 acres
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However, if I later sell this property, will this easement present an issue with potential buyers? Should this impact the sales price compared to similar properties.
It might restrict a future buyer from subdividing the lot some way. This can be compounded if you build a house on the property now and the positioning of the house and the easement conflict with each other and limit subdividing the lot.
You also should incorporate the easement into the landscaping plans.
I have a situation where I have a lot in a suburban subdivision which is just a bit less than an acre and where there is a sewer easement along the back edge of the property for a sewer line which is large and serves a mid size area but it not huge like you would see near a treatment plant. I knew about the easement when I bought the house and never worried about it since it was a couple of hundred feet from the house. The sewer line was likely put in 40+ years ago when the subdivision was built. That section of our lot had been pretty much left semi-wild with lots of 40 year old trees.
There has been a lot of building in our area and the sewer line was old so they needed to replace it with larger sewer lines. We received notice that they would be working back there and taking down trees and putting in the new sewer line. They cleared out a path maybe 20 feet wide across 100(?) of our property roughly parallel to the back property line and took out a couple dozen large trees and the stumps. I would hate to think how much I would have had to pay to take out that many trees. When they were done they planted grass and covered it with straw but the next year the grass did not do well, I suspect that it was a fast growing annual instead of the perennials which is used in lawns here. The took about a month.
In our case we were lucky the end result was a net plus for us since it opened up the back yard and we get a lot more light. I have also kept that area mowed so we now have more usable space. Some of our neighbors were not so lucky and the work was a lot more disruptive in their yards.
One one level the easement could be treated as just being an obstacle like a creek on your property which must be worked around. Often when you hear of someone having a problem with an easement it was because they did not know about it, understand it, or choose to ignore it.
Statistics: Posted by Watty — Fri May 24, 2024 8:31 pm