Powerline in Stonebridge

[sunny88]

The health aspect of power lines is an inevitable issue in buying a home, especially if the property is near a “drop zone.” Whether there is sufficient evidence to support contentions of health risks associated with living near electric towers is not the point here. Rather, it is consumer perception that will always prevail, and if a buyer entertains such health concerns, he will have second thoughts about buying a home that is adjacent to power lines.
The “eyesore” factor and the extent to which it comes into play will depend on how attractive the other features are. Some buyers may be willing to overlook the power lines near the home he is buying if he sees more important benefits such as good schools, quality construction, unique features, or even great neighbors. It is a trade-off exercise dictated by buyer preferences.

Lastly, how difficult is it to re-sell a house near electric towers? Well, the owner/seller knows exactly what issues will be encountered by potential buyers, having been a buyer himself. Health. Cosmetic. Additional concerns such as value and length of marketing time will have to be taken into consideration, and sellers should be prepared. Expect that there will be buyers who will pass on this house for concerns stated above, and it may stay on the market for a longer period of time, consequently putting a downward pressure on the price.
This home is nicely upgraded and could probably sell for $900k at a different location without the power lines. I agree, that you should try a low ball offer in the high $700k even. I doubt that anybody will pay the asking price.

[SD Realtor]

So your thinking of lowballing at 800k.

Think about that… you are willing to spend 800 thousand dollars to live that close to power lines…Why? As you can see from all the other posts there is an overwhelming opinion scattered with evidence that more then a few people have quite negative opinions of them. I would take the 800k and go something in old scripps south of pomerado. Seems like there would some decent alternatives. Even 4S there is some decent stuff you can buy getting into the 800s…

[SD Realtor]

So your thinking of lowballing at 800k.

Think about that… you are willing to spend 800 thousand dollars to live that close to power lines…Why? As you can see from all the other posts there is an overwhelming opinion scattered with evidence that more then a few people have quite negative opinions of them. I would take the 800k and go something in old scripps south of pomerado. Seems like there would some decent alternatives. Even 4S there is some decent stuff you can buy getting into the 800s…

[SD Realtor]

So your thinking of lowballing at 800k.

Think about that… you are willing to spend 800 thousand dollars to live that close to power lines…Why? As you can see from all the other posts there is an overwhelming opinion scattered with evidence that more then a few people have quite negative opinions of them. I would take the 800k and go something in old scripps south of pomerado. Seems like there would some decent alternatives. Even 4S there is some decent stuff you can buy getting into the 800s…

[SD Realtor]

So your thinking of lowballing at 800k.

Think about that… you are willing to spend 800 thousand dollars to live that close to power lines…Why? As you can see from all the other posts there is an overwhelming opinion scattered with evidence that more then a few people have quite negative opinions of them. I would take the 800k and go something in old scripps south of pomerado. Seems like there would some decent alternatives. Even 4S there is some decent stuff you can buy getting into the 800s…

[SD Realtor]

So your thinking of lowballing at 800k.

Think about that… you are willing to spend 800 thousand dollars to live that close to power lines…Why? As you can see from all the other posts there is an overwhelming opinion scattered with evidence that more then a few people have quite negative opinions of them. I would take the 800k and go something in old scripps south of pomerado. Seems like there would some decent alternatives. Even 4S there is some decent stuff you can buy getting into the 800s…

[familyguy]

I took a quick drive by that place on the way home from work yesterday. I will say that it looks from the outside like the seller may be in a bit of distress. I say this based on the little signs such as, the flower beds are in poor shape and look like they haven’t been mulched in well over a year. There were mushrooms growing throughout a portion of the front lawn. Existing landscaped appeared to be unkept, etc.

That said, I would assume (yes I am assuming here) that if the seller was interested in putting on the best presentation in an effort to overcome the power lines, those issues could be taken care of for under 1k. That says to me they simply don’t have the extra 1k laying around and may really need to sell. I hope thats not the case as I don’t wish home distress on anyone, but that’s my observation.

Piggy backing on that thought, how about the house that sits on the corner of Stonecroft Terrance and Stonebridge Parkway…the power lines literally hang DIRECTLY over top of this persons property. So to go along with the hideous front landscaping they put in, they also have front row seats to the power cables overhanging their lot. Yikes!

[familyguy]

I took a quick drive by that place on the way home from work yesterday. I will say that it looks from the outside like the seller may be in a bit of distress. I say this based on the little signs such as, the flower beds are in poor shape and look like they haven’t been mulched in well over a year. There were mushrooms growing throughout a portion of the front lawn. Existing landscaped appeared to be unkept, etc.

That said, I would assume (yes I am assuming here) that if the seller was interested in putting on the best presentation in an effort to overcome the power lines, those issues could be taken care of for under 1k. That says to me they simply don’t have the extra 1k laying around and may really need to sell. I hope thats not the case as I don’t wish home distress on anyone, but that’s my observation.

Piggy backing on that thought, how about the house that sits on the corner of Stonecroft Terrance and Stonebridge Parkway…the power lines literally hang DIRECTLY over top of this persons property. So to go along with the hideous front landscaping they put in, they also have front row seats to the power cables overhanging their lot. Yikes!

[familyguy]

I took a quick drive by that place on the way home from work yesterday. I will say that it looks from the outside like the seller may be in a bit of distress. I say this based on the little signs such as, the flower beds are in poor shape and look like they haven’t been mulched in well over a year. There were mushrooms growing throughout a portion of the front lawn. Existing landscaped appeared to be unkept, etc.

That said, I would assume (yes I am assuming here) that if the seller was interested in putting on the best presentation in an effort to overcome the power lines, those issues could be taken care of for under 1k. That says to me they simply don’t have the extra 1k laying around and may really need to sell. I hope thats not the case as I don’t wish home distress on anyone, but that’s my observation.

Piggy backing on that thought, how about the house that sits on the corner of Stonecroft Terrance and Stonebridge Parkway…the power lines literally hang DIRECTLY over top of this persons property. So to go along with the hideous front landscaping they put in, they also have front row seats to the power cables overhanging their lot. Yikes!

[familyguy]

I took a quick drive by that place on the way home from work yesterday. I will say that it looks from the outside like the seller may be in a bit of distress. I say this based on the little signs such as, the flower beds are in poor shape and look like they haven’t been mulched in well over a year. There were mushrooms growing throughout a portion of the front lawn. Existing landscaped appeared to be unkept, etc.

That said, I would assume (yes I am assuming here) that if the seller was interested in putting on the best presentation in an effort to overcome the power lines, those issues could be taken care of for under 1k. That says to me they simply don’t have the extra 1k laying around and may really need to sell. I hope thats not the case as I don’t wish home distress on anyone, but that’s my observation.

Piggy backing on that thought, how about the house that sits on the corner of Stonecroft Terrance and Stonebridge Parkway…the power lines literally hang DIRECTLY over top of this persons property. So to go along with the hideous front landscaping they put in, they also have front row seats to the power cables overhanging their lot. Yikes!

[familyguy]

I took a quick drive by that place on the way home from work yesterday. I will say that it looks from the outside like the seller may be in a bit of distress. I say this based on the little signs such as, the flower beds are in poor shape and look like they haven’t been mulched in well over a year. There were mushrooms growing throughout a portion of the front lawn. Existing landscaped appeared to be unkept, etc.

That said, I would assume (yes I am assuming here) that if the seller was interested in putting on the best presentation in an effort to overcome the power lines, those issues could be taken care of for under 1k. That says to me they simply don’t have the extra 1k laying around and may really need to sell. I hope thats not the case as I don’t wish home distress on anyone, but that’s my observation.

Piggy backing on that thought, how about the house that sits on the corner of Stonecroft Terrance and Stonebridge Parkway…the power lines literally hang DIRECTLY over top of this persons property. So to go along with the hideous front landscaping they put in, they also have front row seats to the power cables overhanging their lot. Yikes!

[ocrenter]

[quote=kkun]

How much does it impact the pricing? I am not too concerned about the health hazard for myself, but I guess it will impact the resell pricing.
[/quote]

ultimately, everything can be brokendown into price.

with Toll and Serenity prices for the same sized homes at $950k, adding $200k for upgrades in and out. This sized home with the type of upgrades you see should be $1.15 million.

You are thinking $800k lowball offer. So bottom line is the high voltage power lines translate to $350k. If you mortgage that at 4.5%, that works out to $1800 per month.

So just ask yourself this question. Let’s say you have the perfect house you want. Someone comes to you and say, we need to build this huge high voltage power line right in front of your door but we’ll pay you $1800 per month for the next 30 years.

Would you do it?

[ocrenter]

[quote=kkun]

How much does it impact the pricing? I am not too concerned about the health hazard for myself, but I guess it will impact the resell pricing.
[/quote]

ultimately, everything can be brokendown into price.

with Toll and Serenity prices for the same sized homes at $950k, adding $200k for upgrades in and out. This sized home with the type of upgrades you see should be $1.15 million.

You are thinking $800k lowball offer. So bottom line is the high voltage power lines translate to $350k. If you mortgage that at 4.5%, that works out to $1800 per month.

So just ask yourself this question. Let’s say you have the perfect house you want. Someone comes to you and say, we need to build this huge high voltage power line right in front of your door but we’ll pay you $1800 per month for the next 30 years.

Would you do it?

[ocrenter]

[quote=kkun]

How much does it impact the pricing? I am not too concerned about the health hazard for myself, but I guess it will impact the resell pricing.
[/quote]

ultimately, everything can be brokendown into price.

with Toll and Serenity prices for the same sized homes at $950k, adding $200k for upgrades in and out. This sized home with the type of upgrades you see should be $1.15 million.

You are thinking $800k lowball offer. So bottom line is the high voltage power lines translate to $350k. If you mortgage that at 4.5%, that works out to $1800 per month.

So just ask yourself this question. Let’s say you have the perfect house you want. Someone comes to you and say, we need to build this huge high voltage power line right in front of your door but we’ll pay you $1800 per month for the next 30 years.

Would you do it?

[ocrenter]

[quote=kkun]

How much does it impact the pricing? I am not too concerned about the health hazard for myself, but I guess it will impact the resell pricing.
[/quote]

ultimately, everything can be brokendown into price.

with Toll and Serenity prices for the same sized homes at $950k, adding $200k for upgrades in and out. This sized home with the type of upgrades you see should be $1.15 million.

You are thinking $800k lowball offer. So bottom line is the high voltage power lines translate to $350k. If you mortgage that at 4.5%, that works out to $1800 per month.

So just ask yourself this question. Let’s say you have the perfect house you want. Someone comes to you and say, we need to build this huge high voltage power line right in front of your door but we’ll pay you $1800 per month for the next 30 years.

Would you do it?

[Author]

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