If we change the zoning, will that mean land value will decrease for those who want to sell their land?

Research by the South Kenton County Citizens Group's zoning committee leads us to believe that marketing our area as a place for those who want peace, quiet, and some elbow room could be a plus for those who want to sell their land. Historically, South Kenton has not experienced many residential developments because of lack of sewers, remoteness, and our road system. South Kenton can offer larger lots to the custom housing market. A change in zoning would give someone who moves to the country some assurance that a subdivision is not going to spring up next to them.

The following tables give prices for lots sold in July of 2015. Of course, location and quality of the land will always affect value. These examples are meant to provide samples of selling prices for land suitable for single homes with larger lots and sample prices for large tracts suitable for more traditional housing developments.

Larger Lots Suitable for Single Homes

Listing DateRoadAcresSelling PricePrice Per Acre

July 28, 2015

Carlisle Road

2.3

$25,000

$10,869

July 28, 2015

Route 17 South, Madison Park

2.43

$30,000

$12,345

July 28, 2015

Bagby Road

5.26

$42,500

$8,079

July 28, 2015

Klein Road

4.9

$55,000

$11,224

July 28, 2015

Dixon Road

5

$55,000

$11,000









Tracts of Land Sold with More Than 30 Acres & Suitable for Development

Listing DateRoadAcresSelling PricePrice Per Acre

July 28, 2015

Carlisle Road

47.5

$88,500

$1,863

July 28, 2015

Rector Road

40

$115,000

$2,875

July 28, 2015

Route 17, Madison Park, 1 mile from Corner Mart in Piner

35

$210,000

$6,000

July 28, 2015

DeCoursey near St. Mary’s Road

208

$429,256

$2,063

July 28, 2015

Stephenson Road (off Bracht-Piner)

60.89

$530,000

$8,704

Show All Answers

1. Why should we consider a change in residential zoning?
2. What benefits could low density zoning offer?
3. If we change the zoning, will that mean land value will decrease for those who want to sell their land?
4. How does present zoning fit in with agriculture and agritourism?