[quote=matt]I own a rental on this street in La costa oaks. At the end of the street are power lines. Yet this one sold for 3.1m (700k over asking). Insane.
This home is around 500 feet away from the power lines, so I think it wouldn’t affect its value too much; although some buyers may pause and back off. Insane large lot size!!
Having said that, in a much more normal market, all other variables being equal, how much would an exact house close to the power lines (say within 100 feet) be worth less, versus one that is not? 5%? 10%? 20%
Zillow and Redfin do not seem to “discount” the power line factor too much, so does that mean there will be less buyers / offers instead? Aka, just takes more time to sell that type of home.
