If there are large high-voltage lines near your home, quite apart from perceptions about health, your ability to sell the residence can be affected. There are some people that swear they get electrical charges from the power that leaks from the lines and causes an electro magnetic field. Besides the way they look, large energy lines have been linked to increased health problems including cancer.
Quite apart from the way they look, large high-voltage lines are being increasingly linked to problems about health including cancer. Buyers coming to see a house may just turn back if they spot large powerlines in the neighborhood. You should only consider buying one of these houses if you want to keep it for the rest of your life or if you are prepared to take a loss on resale.
If the only residence within your resources is one that has been drastically reduced in price because of proximity of large powerlines, you may want to wait until you can find a better house you can afford. Some people have been known to claim that in high winds, the lines can sway with a creaking or a whistling noise. You also consider how close they are to the house because they have been known to break especially when there are ice storms.
Even if you take the negative health images out of the mix, you still need to consider the difficulty in selling the home. You are handicapping yourself in the uphill battle to recover money from your asset. Unfortunately there are houses already on the market that will sit there for a long time because of the proximity of powerlines.
There are some places in which many of the homes are affected. People that live in close knit towns like this might not have as hard a time selling their house to others in the town. For those that live in the suburbs or metropolitan areas, this can be another story. Any broker you ask would probably give you the same information. Nearby high-voltage lines are the ultimate turn off to some purchasers. Other problems that can severely hamper the salability of a residence are retention ponds and the noise from nearby railroad tracks. The worst of these problems is difficult to pick.
Before you finalize contracts to buy a residence, you should convince yourself that the house can resell quickly. You must always keep job relocation or a change of home due to family considerations in mind. Try and find a home at a price that is within your budget which also provides opportunities for capital appreciation. You are unlikely to see any appreciation in a residence that is located near large powerlines, so be careful even if you are getting such a great offer that you cannot refuse it.
The seller must have considered the same negatives but finally decided that the price was too attractive to resist. Should you decide that the home is worth the price, just remember that he would have to look for a similar kind of customer at the time of resale.
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