How will the proposed quarry affect Homestead Acres property values?

Homestead Acres is 1.3 miles from the proposed quarry site boundary. Based on peer-reviewed studies, 14 homes in Homestead Acres face an estimated 9.9–11.0% property value decline — an average of approximately $42,600 per home as an immediate impact.

How far is Homestead Acres from the proposed Homestead Road quarry?

Homestead Acres is 1.3 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 Homestead Acres?

There are 14 residential properties in Homestead Acres, with a combined assessed value of $5,622,700. All 14 homes would be affected by the proposed 80–100 year industrial operations.

Homestead Acres - Quarry Impact on 14 Homes

14 Homes

1.3mi From quarry site

9.9–11.0% Est. decline range

$596,500 Total value at risk

Estimated decline distribution across 14 homes

145–15%

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

Homestead Acres is **1.3 miles** from the nearest point on the proposed quarry site boundary. Based on peer-reviewed hedonic pricing studies, the 14 homes here face an estimated **9.9–11.0% decline** in assessed value as an immediate impact — varying by home value and precise distance. The average estimated loss is **$42,600** per home, for a combined **$596,500** 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 Homestead Acres

5010 SPARTAN DR $518,500 assessed 11.0% · -$57,000 5020 SPARTAN DR $422,400 assessed 10.6% · -$45,000 5112 SPARTAN DR $446,800 assessed 10.7% · -$48,000 5122 SPARTAN DR $367,900 assessed 10.4% · -$38,000 5210 SPARTAN DR $415,700 assessed 10.6% · -$44,000 5220 SPARTAN DR $477,800 assessed 10.8% · -$52,000 5314 SPARTAN DR $408,900 assessed 10.6% · -$43,000 5015 SPARTAN DR $341,800 assessed 10.3% · -$35,000 5107 SPARTAN DR $346,000 assessed 10.4% · -$36,000 5117 SPARTAN DR $490,700 assessed 10.9% · -$53,000 5205 SPARTAN DR $330,900 assessed 10.3% · -$34,000 5215 SPARTAN DR $386,700 assessed 10.5% · -$41,000 5309 SPARTAN DR $210,800 assessed 9.9% · -$21,000 5321 SPARTAN DR $457,800 assessed 10.8% · -$49,000

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