Where small town living meets big town conveniences
Thursday July 29th 2010

How the resale value of your house can be impacted by high voltage power lines

If there are large powerlines near your house, quite apart from perceptions about health, your ability to sell the house can be affected. Some people are put off by the electricity leaks from the powerlines that can create an electromagnetic field. Quite apart from the way they look, large powerlines are being increasingly linked to problems about health including cancer.

In addition to the way they look, large high-voltage lines have been connected to health problems such as the increased risk of cancer. If a customer sees large powerlines around your residence, he may not even bother to step in and look at your home. Buy one of these homes only if you are never going to be resell or if you are prepared to stomach a loss when it comes to selling.

If you are considering a house whose price has been drastically reduced because of large high-voltage lines nearby, you may want to wait until you can find a better quality affordable home. In strong winds, say people who live near high-voltage lines. The lines can sometimes sway with a most disconcerting sound. You also have to take into account how closely located they are to the residence, because severe ice storms could caused them to snap.

Even if you disregard the negative health perceptions, you will still need to consider how difficult it is going to be to sell the home. Even before you get started, you will find it an uphill battle to recoup money from your purchase. Because of the proximity of powerlines, there are houses already on the market that are destined to sit there unless the seller lowers the price.

Many of the residences in the town have the this problem in some areas. People who live in close-knit communities like this may find ready buyers in other people who already stay there. this can be a completely different story if your house is located in the suburbs or metros. No matter which broker you ask, you are likely to be given the same information. Nearby high-voltage lines are the ultimate turn off to some customers. Other bad problems that affect the salability of residences are steep driveways and railroad tracks in close proximity. Your guess is as good as mind as to which of these problems is the most severe.

Before you finalize contracts to buy a home, you should convince yourself that the house can resell quickly. You never know when you will need to relocate for a job or a change in family conditions. You should try to find a home at a good price that is likely to hold resale the best. A house in the vicinity of powerlines is unlikely to hold its value so think twice before buying even if you are getting a exchange that you cannot refuse.

It is quite likely that the seller went through the same thought process and decided that the price was too good to resist. If you decide to buy, just pray that you can find a customer who follows the same line of argument at the time of resale.

To search for a house in Boulder Colorado, Longmont Colorado, Louisville Colorado, or even Fort Collins Colorado be sure to visit Automated Homefinder.

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