Power Lines and Property Values

Would you live next to a cemetery? How about electric power lines?

While there is very little evidence to support any health issues from living next to electric power lines, their presence does have a negative impact on pricing of properties located adjacent or near to the lines. Most realtors and residents consider power lines an eyesore, if not an outright hazard, and most residents would prefer to live somewhere that lines were not visible.

In fact, a number of studies have been done, including some on Seattle properties specifically, that indicate that the presence of powerlines negatively impacts a property's value by anywhere from 6-11%.

I have attached a number of links to provide more detailed information on this research.

http://homeguides.sfgate.com/much-power-lines-lower-real-estate-value-2979.html

http://www.real-analytics.com/Transmission%20Lines%20Lit%20Review.pdf

http://www.realtor.org/sites/default/files/reports/2013/Price-Effects-of-High-Voltage-Lines-March-2013.pdf

Happy investing!

Ps. Here is some additional anecdotal information from local realtors on Trulia:
http://www.trulia.com/voices/answer/Home_Buying/What_has_been_your_experience_with_buying_or_selli-617579--recent?ecampaign=agt_rlt_voicesanswer_bk&eurl=www.trulia.com%2Fvoices%2Fanswer%2FHome_Buying%2FWhat_has_been_your_experience_with_buying_or_selli-617579--recent