The loss of real estate value caused by a
bad, sloppy or lazy neighbor, as compared to comparable homes in the neighborhood that don't abut the
bad neighbor. The difference in resale value between a home with good neighbors and a similar one with a
bad neighbor.
My
nasty neighbors next
door kept bothering prospective buyers during showings, so I ended up selling for 20% less than the appraised
value. The toth factor cost me thousands!