How will the proposed quarry affect Emerald Lake of Covington property values?

Emerald Lake of Covington is 2.2 miles from the proposed quarry site boundary. Based on peer-reviewed studies, 36 homes in Emerald Lake of Covington face an estimated 8.0–8.5% property value decline — an average of approximately $52,500 per home as an immediate impact.

How far is Emerald Lake of Covington from the proposed Homestead Road quarry?

Emerald Lake of Covington is 2.2 miles from the nearest point on the proposed quarry site boundary. This distance is measured from the confirmed site boundary polygon, not the center of the site.

How many homes are in Emerald Lake of Covington?

There are 36 residential properties in Emerald Lake of Covington, with a combined assessed value of $22,494,900. All 36 homes would be affected by the proposed 80–100 year industrial operations.

Emerald Lake of Covington - Quarry Impact on 36 Homes

36 Homes

2.2mi From quarry site

8.0–8.5% Est. decline range

$1,893,100 Total value at risk

Estimated decline distribution across 36 homes

365–15%

■ ≥25% critical ■ 15–25% high ■ 5–15% moderate ■ <5% low

Emerald Lake of Covington is **2.2 miles** from the nearest point on the proposed quarry site boundary. Based on peer-reviewed hedonic pricing studies, the 36 homes here face an estimated **8.0–8.5% decline** in assessed value as an immediate impact — varying by home value and precise distance. The average estimated loss is **$52,500** per home, for a combined **$1,893,100** at risk across the neighborhood. Individual estimates account for each home's assessed value relative to the Aboite Township median. [See the full methodology →](/neighborhoods/#methodology)

Properties in Emerald Lake of Covington

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