PowerLines? Q&A
February 26th, 2010
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by admin · Filed Under: Q&A · Uncategorized
I recently answered a question that I thought might be helpful to others, so I am posting it here. If I get positive feedback on Q&A’s, then I may start a Q&A blog… so please let me know. Thanks.
-Question:
How do power lines above or in real close proximity to the property affect value and sales? Im seeing a lot of vacancy near power lines and heard that people tend to feel they are unsafe?
-Answer:
There is a lot of mixed opinion about the safety of homes in close proximity to High tension powerlines. You can read a ton of information about it by googling “homes near high tension powerlines”. I think it is best to do your own research, and come to your own conclusions. They do have a dramatic negative effect on home prices and days on the market. There is no set amount or percentage, but more of a trend. Besides the health concerns, there is the visual, or eyesore impact as well. I believe the impact is greater in a slow market like we have now. But when the prices get low enough buyers will appear. Just remember, that you may get a deal now, but you will also get less when you sell, than comparable homes that are not close to the powerlines. Hope this is helpful.
