Property Values

Decreased Property Values = Decreased Tax Base

The Code states that any variance approved must not substantially dimmish property values; stadium lights next to residential areas will definitely negatively impact property values.

No one wants sports lights glaring through their bedroom windows. Think about the domino effect of falling home values. If the homes within a quarter of a mile of the park lose their value, those comparable lower values impact homes close to them, and so on. It starts a downward spiral of lower home values that could eventually impact the entire area.