My question involves an easement in the state of: CT
There is a proposal to build a new subdivision with multiple luxury houses behind our property. Total value of the new homes is approximately $3 million. The subdivision is on a street without sewer, water, or natural gas (they would use septic, well water, and oil heat). Our property offers the subdivision the shortest distance to access these utilities which are all available on our street. How much is it worth to the builder to access utilities through our property? I would imagine that the attractiveness and therefore value of each home would be substantially higher if they had these uncommon utilities (in our area, the combination of sewer, city water, and gas heat is very rare). Moreover, other neighbors that use well water are concerned that this new subdivision would cause their wells to run low or even dry. They are also concerned about the use of septic systems in the vicinity of their wells. This is not a mandatory right of way, it is strictly an option for the developer.