that does NOT devaluate the property..... there are wetlands on the majority of subdivisions in my area.... I've listed 40 of them.... wetlands are a buffer...they need to stay natural....no growth can be cleared....no trees in that area can be cut down.... it's privacy.... but the property owner does own it.... 

Not familiar with that topic John

It absolutely doesn't de-value the property! 

In fact, I purchased a lot with a conservation easement and the enjoyment that we have, living right in the heart of the city, watching the wildlife in our own backyard is priceless! 

It does lower it for me, but for some this may be a positive.

The one thing for sure, your pool of buyers is likely to be smaller with the easement.

What is the purpose for this easement?

I would say in this case yes as it definately effects the placement/use on the lot. In fact, it's a giant hunk of the lot!

It's a bonus as no one would ever be behind you obviously & would have to do the same conservancy as a forest preserve would. Might even effect trees/plantings.

According to the map it can affect value in a large way as the buyer could not use his/her own lot the way they want 

Based on your sketch and information provided I would say no.

      We have Lake Protection zoning where 50% of the land can't be touched.  It devalues it if you are a developer trying to fit as many units as possible onto the property.

     Also - if a sizable portion of "your" land cannot be developed, you may want your attorney to present a case to the Property Appraiser or VAB for lowering your assessed value.

 Value is in the eye of the beholder. Conservation easements run with the land forever. Landowner has tax advantages. Allows for wildlife habitat, wetlands and recreational opportunity for hikers. Owner may not like hikers coming through but may enjoy seeing  blue jays, foxes, and native plants. Looks like some nice Ponderosa pines, red willow, oak and chapparal which allow beautiful views and a lifestyle in nature. I would personally love to be next to this open space.

As to this lot the shape is a bit strange being a circle with entrance/egress access from Centenial I can't tell how wide the entrance road will allow. Access appears to go through the creek bed - so either build a small wooden bridge or have 4 wheel drive for the few days a year it runs. Buildable/ usable Lot is about 7000 square feet? (guess) ?

It is up to the prospective buyer. Some love or some don't

It looks like that would enhance the desirabilty of the property and bring a higher price.

I think Barbara Todaro has a very good answer for your question.

Personally I would think that is a bonus to live next to a conservatory and close to hiking trails.

This could result in an increase in value.  In our state, there could also be a cost savings in property taxes.

It does not devaluate the property.  However, in the minds of some it may limit the number of homes that can be built, if that is how they are looking at it. A

I don't think it devalues property at all. 

Unless the public can use it, it's just nice open space on your property and property taxes for it should be lower.

It really depends on the desireability of the area.  Out in Malibu some of the private beaches behind people's houses are being swallowed up by conservation agencies and opened to the public.  That's definitely killed the value.  I'd say that anytime a restriction is placed on land that prevents the full enjoyment by the owner that it decreases the value.

Lots of great comments here from people who know better than me. My response would be ... it depends ... many variables that could increase the value, make no difference or decrease value ... and it depends on a buyers use of the land. 

I don't think it would matter much because there's plenty of room to build without encroaching on the protected space. There may even be government funds (shudder) to help improve the conservation area.

That depends on what value the owner of the parcel puts on not being able to develop it, or if the owner appreciates open spaces and wildlife. I would select the latter.

Yes, it will decrease the value because there's less usable land for the owner.

Parked and reading...

I agree with Ken,

John Mosier - as always, great answer from Kenneth J. Jones, Director.

Not neccessarily

John Mosier In this case I don't believe it would decrease the value since the useable area is still larger than other lots in the subdivision. This could be an added plus in value. It may be a perk since there probably would be no further development within the conservation easement.

Not really. many people around here like conservation easements. Privacy, wildlife habitat, tax credits, protected from further development, etc.

I would like it.

Hard to say without knowing the area. I've seen it be a problem and I've seen it be an advantage.

Restrictions can cut both ways. You'll find out when you go to inquire

 That depends on the location. In San Mateo County, CA there was a rural triangular lot in default. The banks says no one seems to be interested if you get someone doing a BPO by a third party they will heavily discounted it.  For about .4 ac a 1500 sf SFH with a conservation easement or firelane in the back, the agent who always pays 50 cents on a dollar, I told her 520K is a realistic good point to approach the lender.  She offered 250K. The home was offered to another investor for $600K she turned around put it right on the market sold for $950K. Today with little improvements on it it will fetch about $1.3-1.4M. All happening in a few years.  So what is the impact of conservation I think it is more than excuse used by the buyers to get it for less. If it is up in Sierra I do think anyone cares or wanted it.

Many would love this easement. Others will want to look at any use restrictions. You did not mention if a septic tank field will be needed.