The heart of my market area includes Culpeper, Fauquier and Rappahannock Counties in Virginia. These counties are now doing battle with Dominion Virginia Power over their plans to add and/or expand their powerlines in this area.
I've been looking for information on the effects of these lines on property values. There have been a couple of dozen studies done over the years, although none of them are particularily recent. And they're all over the map in their conclusions, although some trends do emerge.
So I thought I'd pick all of your brains here and find out what your experience has been with these. Have you had listings in close proximity to one of these gigantic towers? In your opinion did it make the property harder to sell? If you believe that it hurt the value of the property, can you quantify that at all? I'd appreciate any and all feedback!
If you're a consumer, how do you feel about buying a house in close proximity to these lines? Does it matter to you? Have you owned a house near these lines and sold it? Did you feel that the proximity to the lines made any difference either in the length of time it took to sell the property or in the ultimate price you got?
Thanks for your help and ideas!
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