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| High Voltage Power Lines: Do They Affect
Residential Property Value? Author: Charles J. Delaney and Douglas Timmons Start Page: 315 Abstract: A survey administered
in 1990 suggests that proximity to high voltage power lines is being capitalized into
lower values for residential properties. Respondents who had appraised such property
report that power lines can affect residential property value to varying degrees under
certain circumstances and that the market value of these properties is, on average, 10.01%
lower than the market value for comparable properties not subject to the influence of high
voltage power lines. Further, the results indicate that even appraisers who had not
appraised such property believe that power lines contribute negatively to property value. |
