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In the circles I run in, living next to a shooting range *increases* property values.

I'd love to see this substantiated. I have a strong hunch that living next door to an outdoor shooting range has never increased anyone's property value, anywhere. However, I'd love to be proven wrong. Show me.

It is a hard thing to prove, but I personally looked for a place close to a firing range, it was a big plus for me. When I saw places with their own private range, I was more interested. When I eventually got my own acreage, I built a private range on it.

Then, there is the planned Front Sight community in Nevada, which I believe has substantially increased the property values there (it was just barren desert before).

Here is an excerpt from their web site.

“Front Sight Resort is Even Building a New Master-Planned Community for Its Students.

Yes, Front Sight Resort is building a master-planned community encompassing the resort for the exclusive use of its students. Appropriately named the township of Front Sight, and dubbed “The Safest Town In America”, this gated community, when completed, will provide 177 one-acre luxury home sites, 350 condominiums, a commercial center, a community center, a private K-12 school, all municipal services, and even a 5,000 foot air strip. Front Sight Resort definitely takes care of our student’s needs for present and future training.”