Category Archives: Noise Adjustment Valuation

65 Decibel Noise Appraisal Adjustment Study For Property Value Decrease

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 […]

Living Near Loud Noise Appraisal Adjustment

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. […]