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Old 10-10-2012, 11:43 AM   #111
bizaro86
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Quote:
Originally Posted by Dentoman View Post
Parking will not be an issue once the tours are over, they have tons of parking.The temple is not a gathering place for large groups ... that's what stake centres are for. Remember, I have dealt with construction traffic/parking, Moroni raising traffic and now tour traffic/parking .... forgive me for being a little tired of it.
As far as a Mormon premium on property values near the temple, it all depends on how devout the person is. The temple is a huge deal for Mormons. It will provide some bump, the question is how much. Hey, I'm all for the Mormon influx, they make good neighbors.
Interesting. Even if parking isn't an issue go-forward, I can't imagine any significant bump in prices. While it might be nice architecturally, no way the average suburban house buyer pays more than a 10k premium to live near something architecturally nice. On a 450k royal oak house, that'd be 2%.

Whether devout Mormons will pay more to live near it I'm not sure, but again I doubt it will be significant. And if it is a significant difference, I suspect the current owners in the area would sell to try and take the gains and buy a similar house 1 neighbourhood over for less money.

Personally, I doubt it makes much difference to property prices either way.
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