Will Lower Property Values Be the Trend Along Lake Champlain?

Sourced through Scoop.it from: www.sevendaysvt.com

Lower Property Values Along Lake Champlain?

Much of the recent debate about Lake Champlain has focused on the cost of cleaning it up. The Franklin County town of Georgia has turned that around to consider: What’s the effect of a polluted lake on the value of property alongside it?

The town recently lowered assessments for 37 lakefront properties on Ferrand Road by $50,000 each, based on the seasonal blue-green algae that permeates the water in front of them

See on Scoop.it – Lake Champlain Life