What is a view? And what is it worth?
For those who want a statistical analysis, visit this site:
Homes on the old golf course had a golf course view. The added value of that view was between $10,000 to $30,000 dollars. http://journals.humankinetics.com/jsm-back-issues/jsmvolume21issue4october/theimpactofagolfcourseonresidentialpropertyvalues
Currently, the view is a wooded, natural view. Studies indicate that a natural wooded view increases the value of a property as much as 20%. The view after the Water Authority kills all the trees and removes the soil will not meet the criteria for a natural wooded view and will reduce property values substantially. The Water authority cannot build a park. All they can do is destroy the one Clear Lake has.
Will the Water Authority compensate you for the loss of property value?
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