Does a pending rezoning or a new development next door change what my home is worth?

A pending rezoning or a new development going in next door can move a home's worth in either direction, depending on whether it adds nearby amenities and demand or introduces noise, traffic and construction disruption during the build. Buyers and their agents typically research pending zoning changes before making an offer, which means it can affect marketing time as much as price. Brian Beatty checks a property's surrounding zoning activity before advising how it might affect a sale.