Get Real
Not in My Backyard
With the recent Wawa debacle in Hatboro, it begs the question: How do retail establishments affect residential real estate?
If you’ve been watching the evening news or reading Patch.com, you probably have heard tidbits of the tug of war between town residents and Wawa Corporation on proposed new stores next to neighborhoods. It’s currently happening in Hatboro and Cherry Hill, NJ. So, how do these retail entities really affect the value of residential real estate? Many of the residents in both of these towns have voiced how they will be affected by noise and traffic next to a non-stop 24-7, 365-day business. The strongest opinions usually come from the neighbors whose homes abut the property that Wawa is looking to build Super Wawas on. And, with good reason, for they have the most to lose and I’m not talking just financially, but also in quality of life…
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EE
10:23 pm on Thursday, March 8, 2012
When those buildings an the home behind it are torn down that property will be huge.There will be nothing tiny about that Wawa store.As far as it effecting two homes,thats wrong.It's going to effect the whole street with noise an added traffic.Then when traffic is backed up cars are going to cut through the back streets as a short cut.It will then effect all those homes.It is a busy intersection…   more ›