Does anyone have direct experience with converting public streets to private streets in a neighborhood?
Question : Does anyone have direct experience with converting public streets to private streets in a neighborhood?
My community has a serious cut through traffic problem. The traffic volume is way too high for our small neighborhood and most cut through traffic is speeding. North Carolina is currently responsible for our roads and so we have very few options to slow the traffic. I think our community will support privatizing the roads so we can gate in the community, but what will it cost? Is there a way to estimate based on the square feet of road and traffic volume? Are there any studies that show the affect on property values when a community goes private? Thank you.
gated communities in north carolina
Best answer:
Answer by vipergt977
Talk to the mayor of your state.
if you can buy the road they will charge you for the cost that they spent making the road so figure about $ 75,000 dollars for 1 mile in lenght and 8 feet wide and then when you take over the road you are responsable for all up keep on the road (i.e plowing when it snows , fixing pot holes , resurfacing the road, ) there is more cost to it then you think it is not as semple as just buying the road her are some figures for you
Cost of Asphalt : $ 100 to $ 200 a ton and a dump truck can carry about 8 to 10 tons of asphalt and a single truck load goes about 40 feet long by 8 feet wide by 4 inches think plus the cost of the crew to come in and put it down .
but the cost of buying the road depend on how long it is how long the state has maintained it and how much money they spend on it in a year .