High Voltage Power Lines: Do They Affect Residential Property Value?

Charles J. Delaney () and Douglas Timmons
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Charles J. Delaney: Hankamer School of Business Baylor University Waco, Texas 76798-8004, http://hsb.baylor.edu/fin/default.asp
Douglas Timmons: College of Business Administration The University of Texas at San Antonio San Antonio, Texas 78285-0633, http://www.business.utsa.edu/

Journal of Real Estate Research, 1992, vol. 7, issue 3, 315-330

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.

JEL-codes: L85 (search for similar items in EconPapers)
Date: 1992
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Citations: View citations in EconPapers (12)

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