IDEAS home Printed from https://ideas.repec.org/a/jre/issued/v7n31992p3215-330.html
   My bibliography  Save this article

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

Author

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.

Suggested Citation

  • Charles J. Delaney & Douglas Timmons, 1992. "High Voltage Power Lines: Do They Affect Residential Property Value?," Journal of Real Estate Research, American Real Estate Society, vol. 7(3), pages 315-330.
  • Handle: RePEc:jre:issued:v:7:n:3:1992:p:3215-330
    as

    Download full text from publisher

    File URL: http://pages.jh.edu/jrer/papers/pdf/past/vol07n03/v07p315.pdf
    File Function: Full text
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Lockett, Andy & Wright, Mike, 2001. "The syndication of venture capital investments," Omega, Elsevier, vol. 29(5), pages 375-390, October.
    2. Giaccaria Sergio & Frontuto Vito & Dalmazzone Silvana, 2010. "Who’s afraid of power lines? Merging survey and GIS data to account for spatial heterogeneity," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201002, University of Turin.
    3. Robert A. Simons & William Bowen & Arthur Sementell, 1997. "The Effect of Underground Storage Tanks on Residential Property Values in Cuyahoga County, Ohio," Journal of Real Estate Research, American Real Estate Society, vol. 14(1), pages 29-42.
    4. R. Sirpal, 1994. "Empirical Modeling of the Relative Impacts of Various Sizes of Shopping Centers on the Values of Surrounding Residential Properties," Journal of Real Estate Research, American Real Estate Society, vol. 9(4), pages 487-506.
    5. Sally Sims & Peter Dent, 2005. "High-voltage Overhead Power Lines and Property Values: A Residential Study in the UK," Urban Studies, Urban Studies Journal Limited, vol. 42(4), pages 665-694, April.
    6. Fischlein, Miriam & Wilson, Elizabeth J. & Peterson, Tarla R. & Stephens, Jennie C., 2013. "States of transmission: Moving towards large-scale wind power," Energy Policy, Elsevier, vol. 56(C), pages 101-113.
    7. Francois Des Rosiers, 2002. "Power Lines, Visual Encumbrance and House Values: A Microspatial Approach to Impact Measurement," Journal of Real Estate Research, American Real Estate Society, vol. 23(3), pages 275-302.
    8. Charles Thomas & Gerd Welke, 2017. "The Effect of HVTLs on Property Values: An Event Study," International Real Estate Review, Global Social Science Institute, vol. 20(2), pages 167-187.
    9. Stephen Gibbons & Cheng Keat Tang, 2023. "Are friends electric? Valuing the social costs of power lines using house prices," CEP Discussion Papers dp1942, Centre for Economic Performance, LSE.
    10. Tang, Cheng Keat & Gibbons, Steve, 2023. "Are friends electric? Valuing the social costs of power lines using house prices," LSE Research Online Documents on Economics 121288, London School of Economics and Political Science, LSE Library.
    11. Tang, Cheng Keat & Gibbons, Stephen, 2024. "Are friends electric? Valuing the social costs of power lines using house prices," LSE Research Online Documents on Economics 122635, London School of Economics and Political Science, LSE Library.

    More about this item

    JEL classification:

    • L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jre:issued:v:7:n:3:1992:p:3215-330. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: JRER Graduate Assistant/Webmaster (email available below). General contact details of provider: http://www.aresnet.org/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.