The impact of proximity to cell phone towers on residential property values
Olga Filippova and
Michael Rehm
International Journal of Housing Markets and Analysis, 2011, vol. 4, issue 3, 244-267
Abstract:
Purpose - This paper aims to determine if proximity to cell phone towers influences house prices with a focus on isolating the impact of tower aesthetics on nearby property values. Design/methodology/approach - Sales transaction data from the Auckland Region during 2005‐2007 were analysed using a series of hedonic models testing various proximity specifications across two populations of cell towers: residential‐only and global (all towers). Findings - The study could not establish a relationship between cell towers and house prices with the exception of armed monopole towers located in residential areas due to such towers' acute visual disamenity. Practical implications - The study's findings can be directly applied to residential valuation practice and can assist government regulators and telecommunication companies in siting new cell towers. Originality/value - This research provides three distinct methodological improvements: unconventional geocoding that improves spatial accuracy, separate analysis of towers in residential areas that enhances internal validity and inclusion of tower mast data to isolate the impact of tower aesthetics.
Keywords: Residential house prices; Cell towers; Electromagnetic radio frequency; Housing markets; Environmental stigma; Hedonic pricing model; Mobile communication systems; New Zealand (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations: View citations in EconPapers (9)
Downloads: (external link)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (text/html)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (application/pdf)
Access to full text is restricted to subscribers
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eme:ijhmap:v:4:y:2011:i:3:p:244-267
DOI: 10.1108/17538271111153022
Access Statistics for this article
International Journal of Housing Markets and Analysis is currently edited by Dr Richard Reed
More articles in International Journal of Housing Markets and Analysis from Emerald Group Publishing Limited
Bibliographic data for series maintained by Emerald Support (feeds@emerald.com).