As long as the owner of the property abides by the state’s rules and restrictions, a family burial place may be formed on private property in Tennessee. The county health department must provide a permission for the graves, precise records of the burials must be kept, and the burial location must be within 100 feet of a well or other water source are among the regulations that must be followed.
While some people may find the concept of being buried on their own land to be appealing, it’s necessary to think about any potential downsides. If you ever decide to sell your house, for instance, the presence of a burial site can turn off prospective purchasers. The burial place might also need to be moved if the land is ever developed or partitioned.
Like any other real estate investment, cemetery plots may increase in value over time. However, compared to other types of property, the rate of appreciation is often significantly slower. This is because there are only a few possible customers for cemetery sites, which makes them a niche industry. What Is the Value of a Cemetery?
The location, size, and condition of the cemetery’s property, as well as the demand for burial sites in the neighborhood, all affect the cemetery’s worth. To estimate the value of a cemetery, appraisers often use many techniques, including as the income approach, the cost approach, and the market approach.
As long as the graveyard is big enough, it is acceptable to bury many bodies in a single grave in Tennessee. This method is uncommon, though, and is typically saved for family sagas or other unique situations.
Cemetery plots are negotiable, just like any other sort of real estate. In contrast to other types of real estate, the market for cemetery plots is somewhat smaller, thus buyers and sellers may have few options when it comes to haggling costs. Further limiting the buyer’s options may be restrictions on the selling and transfer of plots in some cemeteries.
The article “Can You Be Buried on Your Own Property in Tennessee” is regrettably incorrect.?” does not provide information about the cost of a plot. It mainly discusses the laws and regulations regarding home burial in Tennessee.
In Tennessee, it is illegal for a husband and wife to share a casket since state law mandates that each person have a separate burial container.