The Effect of Distance to Cell Phone Towers on House Prices in Florida.
Appraisal Journal 2007, Fall, 75, 4
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Publisher Description
ABSTRACT This article outlines the results of a study carried out in Florida in 2004 regarding the effect that cell phone tower proximity has on residential property prices. The study involved an analysis of residential property sales transaction data. Both GIS and multiple regression analysis in a hedonic framework were used to determine the effect of linear distance of homes to towers on residential property prices. The results of the research show that prices of properties decreased by just over 2%, on average, after a tower was built. This effect generally diminished with distance from the tower and was almost negligible after about 656 feet.
GENRE
Business & Personal Finance
RELEASED
2007
September 22
LANGUAGE
EN
English
LENGTH
21
Pages
PUBLISHER
The Appraisal Institute
SELLER
The Gale Group, Inc., a Delaware corporation and an affiliate of Cengage Learning, Inc.
SIZE
262.7
KB
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