Here's an example of what can happen to values when your building becomes notorious:https://www.sfchronicle.com/bayarea/matier-ross/article/Pricey-retrofit-proposed-for-sinking-Millennium-12833795.php
Unit 304 (two bedroom, two bath, approx. 1,200 sq. ft.) last sold in in 2012 for $1,235,000. Last fall (2017) the owners listed the unit for sale with an asking price of $1,959,000. It was withdrawn without a sale after 75 days on the market.
The property was listed again this January (2018) for $1,435,000. After 43 days it went into contract but that transaction failed 7 weeks later. The unit is now back on the market at a reduced price of $1,300,000.
16 units in the building have come on the market since the first of the year. 3 have sold. 3 listings have been withdrawn or expired without a sale.
A contributing factor to the falling values is that financing is very limited. Many lenders simply won't make a mortgage for units in the building. A few lenders may be willing to write a mortgage but will probably require a very large (think 50%) downpayment.
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