Hey guys,
Just wondering what you guys think in terms of buying houses near powerlines? If a house is say 1 street away from large power lines (not just street power lines) but they are not visible directly from the house, will that impact on the values and capital growth of the home? The home seems to be slightly cheaper than the rest in the suburb (but this may be due to the seller's situation), but there have been sales in the same street which are 'normal' for the suburb.
The powerlines are about 400m away from the home, but not directly visible from ground level. Are you supposed to treat this as a main road situation?
Otherwise the home is in a good area owner occupied with schools and shops nearby.
Just wondering what you guys think in terms of buying houses near powerlines? If a house is say 1 street away from large power lines (not just street power lines) but they are not visible directly from the house, will that impact on the values and capital growth of the home? The home seems to be slightly cheaper than the rest in the suburb (but this may be due to the seller's situation), but there have been sales in the same street which are 'normal' for the suburb.
The powerlines are about 400m away from the home, but not directly visible from ground level. Are you supposed to treat this as a main road situation?
Otherwise the home is in a good area owner occupied with schools and shops nearby.