Cell Antennas Affect Property Values
Here’s the most important thing you need to know about the effect of cellphone towers and antennas on property values:
More than 90 percent of homebuyers and renters say that they would be less interested in properties near such antennas and they would pay less to own or rent such properties.
This shouldn’t be a surprising outcome. Homebuyers have a known aversion to other above ground infrastructure such as power lines when they are nearby. As far back as 2005 studies indicated that home and rental prices could decline by as much as 20 percent as a result of proximity to wireless antennas.
As more and more communities fight installation of cell antennas, public awareness of the dangers of wireless radiation will only increase. That awareness is likely to translate into steeper discounts for home and rental prices for properties close to wireless antenna installations.
To find out more about 5G dangers,
read 5G & Local Control.
Learn More about Property Values
Could A New Cell Tower Hurt You Financially? — Sacramento CBS affiliate covers a preschool being abandoned by parents and their children because a cell tower is going up next to the facility. Could your entire business fold if a cell tower is unexpectedly built next to it? Broadcast on June 28, 2019.
Property Values Declining Near Cell Towers — A survey of the effect of cell towers on property values.