By Gary M. Singer South Florida Sun Sentinel, Apr 24, 2021
Question: We bought a condo last year and recently discovered that a shopping plaza that borders our neighborhood has a large cellphone tower disguised as a clock tower. Is the seller or real estate agent obligated to disclose information about cell phone towers within a certain radius to the buyer when purchasing?
— Mike
Answer: Transmissions from nearby high voltage power lines and cell towers are concerning to many people and reduce property values.
Read the article at https://tinyurl.com/4futz292
3. The humming sound they produce ( for properties very close to the lines)
Link to the article:
https://www.wsj.com/articles/t
Study published in the Journal of Real Estate Research:
The Pricing of Power Lines: A Geospatial Approach to Measuring Residential Property Values
The valuation of power lines is a complex phenomenon. Using a sample of 5,455 vacant lots sold in Pickens County, South Carolina, we uncover substantive pricing discounts of 44.9% for properties adjacent to power lines, and a pricing discount of 17.9% for non-adjacent vacant properties up to 1,000 feet away from the power lines. Applying four different geospatial approaches—buffer zones, straight line distance, viewshed analysis, and tower visibility—we find that high-voltage transmission line (HVTL) pricing models should account for both proximity and visibility to reflect location-specific variations in pricing.http://aresjournals.or
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