Property photo: 4316 ABOITE LAKE DR

4316 ABOITE LAKE DR

Aboite Lakes · 1.4 miles from quarry site

County Assessed Value $219,700
Impact Tier 9.5% Decline
Estimated Loss on Day One -$21,000

Long-Term Impact

Without Quarry With Quarry Your Loss
Day One $219,700 $198,700 -$21,000
Year 5 $248,600 $225,000 -$23,600
Year 10 $281,200 $254,000 -$27,200
Year 30 $460,800 $417,000 -$43,800

Methodology: Continuous exponential decay (base = 0.1166 × e−d), log-linear least-squares fit to Hite et al. (2001) quarry-only anchors (14%@1 mi, 9%@2 mi, 5.5%@3 mi) at the Aboite Township median home ($288k, ACS 2023). Industry factor 1.0× applied on top for quarry + asphalt + concrete + rail loading (informed by Simons 2006). LOS +10% for unscreened view (Boyle & Kiel 2001). Estimates carry a ±% uncertainty band.

For awareness purposes only. This estimate is derived from published hedonic pricing research and is not a certified appraisal. Actual impact will vary based on site-specific conditions, market trends, and regulatory outcomes. Consult a licensed appraiser or environmental economist for legal or financial decisions.

Environmental Exposure at 1.4 Miles

  • Elevated particulate matter (PM2.5/PM10) — documented at distances up to 1.5 miles from active quarries under typical wind conditions
  • Heavy truck traffic on shared neighborhood roads — diesel exhaust, road wear, and safety concerns
  • Noise from rail spur — loading and switching operations for the proposed rail line
  • Light pollution from 24-hour industrial facility lighting

These impacts would persist for the 80–100 year operational life of the quarry. See the full research.

Note: County assessed values are typically below market value. Your actual loss may be higher. Decline estimates are synthesized from peer-reviewed hedonic pricing studies. No local appraisal specific to this site has been conducted. See methodology.
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