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

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  • Thomas Jackson
  • Jennifer Pitts

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.

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  • Thomas Jackson & Jennifer Pitts, 2010. "The Effects of Electric Transmission Lines on Property Values: A Literature Review," Journal of Real Estate Literature, Taylor & Francis Journals, vol. 18(2), pages 239-259, January.
    • Handle: RePEc:taf:rjelxx:v:18:y:2010:i:2:p:239-259
    DOI: 10.1080/10835547.2010.12090275
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    Cited by:

    1. Choi, Hyunhong & Shim, Dongnyok & Kim, Seung Wan, 2024. "Heterogeneous public preferences for undergrounding high-voltage power transmission lines: The case of Seoul metropolitan area in South Korea," Energy Economics, Elsevier, vol. 132(C).

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