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Do neighborhood cell towers impact property values?

by Diana Dietz on

A recent survey by the National Institute for Science, Law & Public Policy (NISLAPP) found that 94 percent of homebuyers are “less interested and would pay less” for a property located near a cell tower or antenna.

Neighborhood Cell Towers & Antennas—Do They Impact a Property’s Desirability? also found that properties where a cell tower or group of antennas are placed on top of or attached to a building is problematic for buyers.

Of the 1,000 people who responded to the survey, 79 percent said that under no circumstances would they ever purchase or rent a property within a few blocks of a cell tower or antennas, and almost 90 percent said they were concerned about the increasing number of cell towers in their residential neighborhood.

Jim Turner, Esq., Chairman of the NISLAPP, said in a statement, “The results of the 2014 NISLAPP survey suggest there is now a high awareness about potential risks from cell towers and antennas, including among people who have never experienced cognitive or physical effects from the radiation.”

He added, “A study of real estate sales prices would be beneficial at this time in the United States to determine what discounts homebuyers are currently placing on properties near cell towers and antennas.”

The NISLAPP survey reinforced the findings of a study by Sandy Bond, Ph.D. of the New Zealand Property Institute, and Past President of the Pacific Rim Real Estate Society (PRRES), published in The Appraisal Journal in 2006.

The Impact of Cell Phone Towers on House Prices in Residential Neighborhoods study found that buyers would pay as much as 20 percent less, as determined at that time by an opinion survey in addition to a sales price analysis.

NAR hosts a field guide to cell phone towers on its website. eBooks, field guides, and research reports are available to NAR members.

Topics

Housing Homebuyers Real estate Antenna Cell phone NISLAPP Tower
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Steph T.

When I read articles like this it completely infuriates me. Nobody wants anything to do with cell phone towers but you can bet they’ll also be the first people to complain to their cell service providers that they don’t have any cell phone service and they have to pay all this money for their cell phone bills….and blah blah blah. My husband works for the network of the leading cellular provider and so I know how hard they work at providing excellent service to their customers. Just remember – its pretty hard to have cell phone service without cell phone towers!!!!!!!

Mark H.

…..and just how close to a tower do you and your family live?

James

Yes, but do you live next to a cellphone tower? Are you overly exposed to Radiation? Then why are you for it? Cell towers need to be in Non-Residential areas away from people and schools at all costs. Mountains, commercial are fine.

George

I think the data is there to support the premise that houses right next to a cell tower would see a decrease in price. Just as living next to an airport or a railroad. However, quoting a 10 year old study from New Zealand to support the idea that a tower placed in a neighborhood lowers the prices in general is invalid. Even this dated study does not support this premise. In the last 10 years the popularity of cell phones has skyrocketed and many people have given up land lines for cell phones as their only means of communication. The cell phone has become a staple in modern society.I think the right question is does the lack of cell service in a neighborhood lower the attractiveness of that neighborhood? I would propose that the desire for good cell phone service would trump the presence of towers in a neighborhood.

M Clark

Currently where I have lived for over 23 years, we now have to battle T-Mobile who is proposing a 120 foot monopole on residential land at the end of our cul-de-sac. Our town has zoning by-laws for these structures to be placed on Industrial Zoned land. We have great cell service in this area, and a friend who uses T-Mobile has great service here, too. In their proposal it’s the neighboring town where there is a gap in coverage, but all possible sites were rejected there. So they cross the town line and want it here. There are already three towers within a two mile radius of this proposed site. These telecom companies don’t care about the residents, their potential health risks, declining home values because of closeness to a cell tower, the wildlife and natural vegetation they will disturb, they only care about the almighty dollar at our expense. They have not even tried to work with the neighboring town or our town to find suitable Industrial Zoned land.

Ralph Kelly

I can believe that a school will allow such a tower to be built on school grounds! It is about to happen in my neighborhood.