I'm looking at buying a house which is currently zoned residential 3 (for units) & I wish to change the zoning to Commercial. This house is located on a arterial road with all commercial zoned properties on the other side & commercial zoned properties on my side where house is except for a section of about 6 properties; of which this house belongs to. It's very likely that in the near future this zoning will convert to commercial.
I've heard of others who have changed the zoning over & then revalued the property & as a result it's now worth so much more.
I will be investigating this matter with my local Council, but wanted to get any feedback from SS.
I've heard of others who have changed the zoning over & then revalued the property & as a result it's now worth so much more.
I will be investigating this matter with my local Council, but wanted to get any feedback from SS.