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Shared Access - Impact on Sale Price

  • 09-10-2017 11:09AM
    #1
    PeterCu
    Registered Users, Registered Users 2 Posts: 1 ✭


    Does anyone have experience of the impact of a shared access driveway on the potential sale value of a house?

    I am the executor for the sale of a house which currently shares a driveway with a neighbour. I know that provision of private access to the property is possible, but it will involve cost, delay and possible dispute and I am trying to decide if there is any benefit in commencing that process.

    Has anyone knowledge of a similar situation and of any lessons they learned, particularly if any potential buyers saw the shared access as a disadvantage or as a justification for a lower sale price?
    Tagged:


Comments

  • #2
    Askthe EA
    Registered Users, Registered Users 2 Posts: 723 ✭✭✭Askthe EA


    It depends, shared access is quite common in housing estates and rural sales. As long as the correct right of way is in place, I cant see it causing any issues for the sale.


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