The Effects of Electric Transmission Lines on Property Values: A Literature Review

Thomas Jackson and Jennifer Pitts

Journal of Real Estate Literature, 2010, vol. 18, issue 2, 239-259

Abstract: This paper presents a review of empirical studies on the effects of electric transmission lines on property values. The primary purpose of these studies is to address the effects of the presence of transmission lines on the value of surrounding properties. The studies range from survey-based research that provides important context to regression analyses of sales data to less formal appraisal-based sales analyses. The surveys of market participants and real estate professionals found evidence of concern and at least in one survey, an assumption that such concern would impact property values. Others noted the unattractiveness of the transmission lines and structures. However, most of the regression-based sales price analyses found little or no effects on price. What effects that were found tended to dissipate with time and distance. Lastly, price analyses based on less formal paired sales and other techniques failed to find any effects.

Date: 2010
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DOI: 10.1080/10835547.2010.12090275

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