Just wanted to throw this one out there. I've read up as much as I can on the subject, and it seems as if it comes down to personal preference.
I've been in the market for a house for quite some time now. We continue to miss out on homes, after only being listed for a day or so. Even lost out on this last one, offering full asking price on the first day it was on market.
So, we have now found a house that fits all of our needs, and meets all criteria...with the exception of the fact that major power lines run right behind the property. These are the big boy power lines that run East/West through North Edmond, between Covell and Coffee Creek. The power lines are probably 100 yards away from the property line to the rear, but you can still hear them buzzing pretty good.
My questions remain the same....
1. What are your personal thoughts on how much this should effect the property values, in regards to my offer price, and in regards to resale as well. I would think, that all houses in that general vicinity have already absorbed the effect on the hit of property values, and are priced accordingly....with the notion that the wires were there when the houses were built.
2. Health concerns? This subject has been debated over the last 30 years, but there is still some belief that high powered transmission wires, such as these create an EMF, that COULD cause childhood Leukemia. Once again, its heavily debated, and those who say that it does...do not offer hard line evidence...but do have some testing that shows it is somewhat more common....when a young child lives very close to a high level EMF. I have two children, ages 3 and 8...so, this would be a concern if there was concrete evidence.
So, sorry for the long post...but just wanted to see what the opinion was of the every day poster here. This house has been on the market for 45 days, which is A lot longer than any others in the neighborhood, and we feel like it is due the transmission power lines running right behind the property. Other than that, we love the house. I want to feel good about my purchase, not only for investment purposes, but being able to sleep at night, not thinking that I would be putting my two children at risk for long term health issues. What say you?
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