Florida Realtors says yes to both in a recent report that says property values were suppressed by nearly $1 billion a year because of poor water quality.
Improved water quality in Lee County would increase property values by an estimated $541 million while Martin County’s property value would increase by an estimated $428 million, the report says.
Overall, property values are rising in both counties, but they’re being “severely dampened” by poor water quality, the report says.