The impact of cell phone towers on house prices in residential neighborhoods
Language: English Series: The Appraisal Journal ; 73(3) Summer 2005, 256-277(22)Publication details: 2005Subject(s): Summary: This article examines whether nearness to Cellular Phone Base Stations (CPBSs) has an impact on residential property values and the extent of any such impact. A survey of residents' perceptions towards living near CPBSs in ten suburbs of Christchurch, New Zealand, revealed that, overall, the respondents would pay from 10% to over 20% less for a property situated in close proximity to a CPBS. These results were confirmed by actual market sales analysis, which showed that property prices declined by 21% after a CPBS was erected in the area. This is despite the fact that no conclusive scientific evidence exists that emissions from CPBSs have harmful effects. Contains maps and statistical tables.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L131141 (Browse shelf(Opens below)) | 1 | Available | 131141-1001 |
This article examines whether nearness to Cellular Phone Base Stations (CPBSs) has an impact on residential property values and the extent of any such impact. A survey of residents' perceptions towards living near CPBSs in ten suburbs of Christchurch, New Zealand, revealed that, overall, the respondents would pay from 10% to over 20% less for a property situated in close proximity to a CPBS. These results were confirmed by actual market sales analysis, which showed that property prices declined by 21% after a CPBS was erected in the area. This is despite the fact that no conclusive scientific evidence exists that emissions from CPBSs have harmful effects. Contains maps and statistical tables.