This 16 page study Published in 2016 research was partially supported by the Intermodal Freight Transportation Institute and Sparks Bureau of Business and Economic Research, University of Memphis. https://digitalcommons.odu.edu/cgi/viewcontent.cgi?referer=https://www.google.com/&httpsredir=1&article=1017&context=economics_facpubs Old Dominion University ODU Digital Commons CONCLUSION The central estimates show a range of between a 14 to 18 percent decrease in property value for residential […]
Monthly Archives: May 2019
Living next to high tension electric towers, signal amplifiers, cell phone towers and other EMR emitting devices near a home need to be alert. A Palo Alto community cited a 20% drop in property values in other communities that were in the area of a cell tower. Here is an excellent study in The Appraisal Journal that shows cell […]
A fantastic water view can increase market price of a home. Andy Krause, principal data scientist at Greenfield Advisors, a real-estate research company notes that the increase in price appreciation is in the eye of the beholder. This research company gave the following view adjustment statistics which are similar adjustments corroborated by Appraisal Institute publications. […]
How often do we hear, location, location, location when it comes to valuation statistics. Living next to loud noises has a definite impact on valuation since the amount of sound levels affects the desirability of living in an area where annoying noise abound. That airports, trains, highway traffic noise effect a home’s value is indisputable. […]