Is My Neighbor Ruining My Property Value by Listing Her Home at a Low Price?
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I live in a development where most of the houses have similar layouts and features. Our property values have taken some serious dips in the last few years, and some houses were even foreclosed on, but things have been coming back. Or at least I thought so. My neighbor across the street just listed her house at around $30,000 less than I thought most houses around here are worth. Isn’t this going to bring down the value of my house, which I might want to sell next year? Should I talk with her about this?