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Rainer
49,890
Ken Jones
Freehold, NJ

Virginia Edlefsen An easement is a right to use a certain part of someone else's real estate for a specific purpose.

It can be an innocuous irrelevancy, such as a water line that runs immediately adjacent and parallel to the property line, which will have no measurable value impact. Or, it can be a natural gas pipeline that runs diagnonally through the real estate parcel that prevents the site from being developed with a building improvement which may have a very significant impact.

Your question is too general to provide a useful answer.

As for an encroachment, again - depending upon what is encroaching and where it's encroaching, it may or may not have any measurable impact on value.

Please try to be more specific about these types of questions.

Mar 22, 2019 07:36 AM
Rainmaker
5,380,260
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

If there is an easement for a roadway throught the middle of the property, there could be a negative impact. A title question could be raised if the neighbor's home is partially on the site.

Mar 22, 2019 07:16 AM
Rainmaker
2,996,502
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

It can add value to the property using the easement but can reduce the value of the property the easement crosses. 

Mar 22, 2019 09:59 AM
Rainmaker
1,542,480
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

It all depends on whether you are subservient or dominant as to the positive or negative result.

Mar 22, 2019 08:38 AM
Rainmaker
4,443,867
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

It makes part of your property used by someone else (easement), and encroachement is when someone is using part of your property by extending their property into yours.  A

Mar 22, 2019 07:34 AM
Ambassador
3,986,990
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

In a negative way!

Mar 22, 2019 07:32 AM
Rainmaker
2,454,744
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Any condition or restriction needs to be assessed for its impact plus or minus

Mar 22, 2019 07:17 AM
Rainmaker
768,416
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Two different things but depends on what it is being utilized for.

Mar 22, 2019 11:38 AM
Rainmaker
411,343
Dan Pittsenbarger
Keller Williams Western Realty - Bellingham, WA
Improving Conditions

Depends on the property and it depends on the easement. And it depends if the property is being burdened by the easment or benefited by the easement.

Again on encroachments - it depends on the property and depends on the encroachment. Sometimes it's significant sometimes it's not.

Mar 22, 2019 10:15 AM
Ambassador
4,213,106
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Sometimes Negatively.

Mar 22, 2019 08:57 AM
Rainmaker
547,603
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

"Great, I wanted a property with an easement!" Something no buyers ever said. Some will not like it, others won't care but it does thin out the pool of buyers a little. 

Mar 22, 2019 07:43 AM
Rainmaker
4,992,160
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

I can't say it better than Kenneth J. Jones 

Mar 22, 2019 07:41 AM
Rainmaker
1,605,123
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

Negatively.

Mar 22, 2019 07:14 AM
Rainmaker
3,091,620
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

It depends on the type/extent of easement/encroachment. Could be nothing, could be something.

Mar 22, 2019 11:37 AM
Rainmaker
3,013,588
Richard Weeks
Dallas, TX
REALTOR®, Broker

A good way to find out is to build a swimming pool over one.

Mar 22, 2019 10:58 AM
Rainmaker
812,036
Diana Zaccaro
Tropical Beachside brokered by eXp - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

They have a negative impact.

 

Mar 22, 2019 08:35 AM
Rainmaker
2,790,345
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

I wish you all the best with your real estate studies.

Mar 22, 2019 08:26 AM
Rainmaker
1,238,121
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Negatively.

Mar 22, 2019 07:49 AM
Rainmaker
1,065,109
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

negatively. 

Mar 22, 2019 08:16 PM
Rainmaker
1,039,793
Dave Martin (703) 585-4687
Fairfax Realty - Fairfax, VA
Making Realty Dreams a Reality #WeWillGetYouHome

Try looking up BUNDLE of Rights

Easements reduce your bundle and are taken or given legally... how much and how much its worth depends on the easement, the property and the buyer.

An encroachment is an illegal infrigment on a property.

 

Mar 22, 2019 06:09 PM
Rainmaker
679,269
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

It depends. Many properties have easements for utilities. I don't think that most of those have any effect on the property...unless you plan to do something with the part of the property where the easement exists...like put in a pool or another permanent structure.

In general, it depends on the nature and placement of the encroachment or easement.

Mar 22, 2019 11:42 AM
Rainmaker
745,345
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Depends on the easement. Here's an example of how an easement can destroy a properies value. A family near here bought a 10 acre lot, built a house, and things were fine. A few years later, Dominion Power begins erecting towers for power lines. The easement was already there when people bought lot, but they didn't check. the power lines now go through their property about 15 yards from the house. They will never sell the house for anything close to what it coast them to buy the land and build.

Mar 23, 2019 10:32 AM
Rainmaker
3,273,769
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Without a survey delineating the easement or encroachment, hard to say!

Mar 23, 2019 05:43 AM
Rainmaker
1,490,704
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

It can decrease or add value. 

Mar 23, 2019 12:15 AM
Rainer
236,067
J.R. Schloemer, CRS
Kentucky Select Properties - Louisville, KY

It depends on the severity of the easement or encroachment. Just had a class on it, and there are many degrees to this overly general question you ask.

Mar 22, 2019 06:43 PM
Ambassador
1,641,004
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Easements are a fact of life.

Mar 22, 2019 02:34 PM
Ambassador
1,639,873
Alan May
Jameson Sotheby's International Realty - Evanston, IL
Helping you find your way home.

A lot depends on what the easement, or encroachment, is.  It's also important to find out if the title company is willing to insure over the encroachment.

Mar 22, 2019 12:13 PM