[Rainger99]

Originally Posted by azcindy

House in question just went pending. Was only on the market a day. Anyway, thanks all for the good discussion.

Cindy

Many people have said that power lines impact resale value.

Do you know the initial sales price and the current asking price?

[coffeebean]

Originally Posted by jimhoward

In the new sections there are a lot of power lines. The cut a huge swath thought the villages. Some of the best houses with the best views lots in, for example, Water's Edge, have power lines in them.

I think most real estate agents will tell you, that power lines are, on balance, a negative for resale, if they are in view.

However if you totally rule out power lines, you will miss out on some great houses that you might really like. I would buy a house with power lines, and have done so. Its a slight negative, but not a deal killer.

Power lines in view of a home are a deal killer for me. NEVER would I purchase near power lines.

[Altavia]

I'd take power lines over a kissing lanai - it's all relative.

[azcindy]

Originally Posted by Rainger99

Many people have said that power lines impact resale value.

Do you know the initial sales price and the current asking price?

It was a brand new Veranda in Waters Edge so you have to pay what the developers list it at. No choice. It was on a corner lot.

[ithos]

I don't understand the stigma some people place on other residents who choose to live in homes near power lines.

The sentiment reminds me of the old expression of derision "wrong side of the tracks."

If the tradeoff is a substantial lower price or better view then that seems very rational to me.

[DrMack]

OP, this was no loss for you. The purchaser was the loser on this choice. Water’s Edge has a power substation that is 100% ugly. It will never go away and it will likely grow or expand. Delivery lines are never buried. I have friends in Newell that deal with the very issue. They can’t sell their house and buy in a more desirable area.

[jrref]

Originally Posted by DrMack

OP, this was no loss for you. The purchaser was the loser on this choice. Water’s Edge has a power substation that is 100% ugly. It will never go away and it will likely grow or expand. Delivery lines are never buried. I have friends in Newell that deal with the very issue. They can’t sell their house and buy in a more desirable area.

I remember that. When the homes were built there was nothing but open land then Duke put in a power station. Now the homewoners are stuck.

Bottom line, however you feel about living near powe lines, the majority of buyers will not want it so, you if you buy a home like that you are gambling on the resale value of the home when you eventually sell.

[BillyGrown]

Originally Posted by jrref

I remember that. When the homes were built there was nothing but open land then Duke put in a power station. Now the homewoners are stuck.

Bottom line, however you feel about living near powe lines, the majority of buyers will not want it so, you if you buy a home like that you are gambling on the resale value of the home when you eventually sell.

Yes, it isn’t pretty. We saw that power station expand. They had to close off the roadways on Meggison for a few hours to get new transformers in, then the huge H styled transfer posts were installed. No one wants what the power company’s did to that area.

[RobertScott]

And the substation behind Citrus Grove / Newell makes all sorts of bizzare sounds, not just a steady buzz which maybe one could tune out.

[coffeebean]

Originally Posted by jimmy o

I spent my career in the high voltage electric industry and speak from experience: it is totally 100% safe to live near power lines. Radio Frequency Fields scare is hogwash, you get more of that wearing headsets and using laptops and notepads. In fact using blue tooth and wireless wi-fi surrounds you in RFs. Also if you’re really close to power lines you also get total protection from lighting strikes. But pros and cons to consider… con: resale and aesthetics. Pro: open views and discount on purchase. Discounted purchase price gets offset by discounted sales price when you sell, so that washes out.

IMHO......if there is even the slightest concern regarding dangers of living in close proximity to power lines, I would err on the side of caution and not do it.

Regarding the pro of "open view".......how can a view of power lines ever be a pro?

[coffeebean]

Originally Posted by bgonzen

The Villages doesn’t own the power transmission lines. Some utility company like Duke Energy own them. The Villages has no say where high voltage transmission lines are located.

The Villages certainly does have a say as to where they build homes. The Villages purchased all that land that is close to the power lines. The lines were there first. Why do you think it was a good deal to purchase all that land near power lines? It doesn't take a rocket scientist to figure that one out.

[Whatnext]

Originally Posted by Velvet

Read up on electric and magnetic fields and health from reputable journals like for example, Lancet. Do your own research and draw your own conclusions. I believe some people are susceptible but not everyone. In my home I know the field of all my appliances and also the nearest power line. I think knowledge is power.

People like to make fun of it, they did the same with Fukushima. The magnitude of its impact is only now starting to be appreciated.

I would never buy near a power line. I hate the way it looks. I don’t even like to play golf near them. But we need these things until better things are developed.

I think there is a slight difference between living near power lines, and living near a nuclear power station, in a country that is prone to earthquakes.

[coffeebean]

Originally Posted by Normal

Or what about a fantastic view of Coleman Prison in the new area.

Jail break! It DOES happen.

[coffeebean]

Originally Posted by ithos

It wouldn't be any worse than having no view since your neighbors home is only yards away.

I don't think the poster was actually referring to the "view" of Coleman Prison. LOL.

[thelegges]

Originally Posted by coffeebean

IMHO......if there is even the slightest concern regarding dangers of living in close proximity to power lines, I would err on the side of caution and not do it.

Regarding the pro of "open view".......how can a view of power lines ever be a pro?

It’s a moot point house is pending. Some Younger residents don’t view power line as dangerous. Some like the fact that no homes are 600 yards away from the neighbors backyard. Especially those with dogs who can let them run on someone else’s property, instead of dog park