There are many, many factors which can influence the value of a property. If your property is directly adjacent to the Ipswich River and within approximately 1 mile upstream of the dam, it’s possible that your property will experience some changes following dam removal. If you are curious how exactly your property might be impacted, please feel free to contact us directly and we can provide more information.
Additionally, check out these resources to find out a little more about studies that have looked at dam removal projects and property values:
- This study found that it is important to analyze the impacts of dam removal projects on properties; however, no relationship was found between property values and dam removal projects
- This study found that property values along the Kennebec River in Maine actually increased following a series of dam removal projects
- This literature review provides a compilation of a variety of studies that looked at dam removal and property values from cases across the country
