Retirement Home being Built around my Neighborhood : RealEstate

Hey guys, I currently live in a condominium with other neighboring apartment buildings. My mortgage will be payed off in a few years so I am looking to see how my property will be appreciated or depreciated for the time being.

As the title mentions, a retirement home is being built in my neighborhood. Many of the homes in my neighborhood are already occupied by older residents. I was wondering if anyone has any knowledge on how this new retirement home would change the value of my property. Thanks!

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