I am a newbie in the home buyer market. I just had a look at a site which is near hydro transformer station. Is it ok to buy a house near that? Will it have any sort of effect on the inhabitants and also will it have a lower resale value or less preferred by home buyers?
If you have a home near that please state the disadvantages of that, if any.Buying home near hydro transformer station?
It will most likely limit your buyer potential in resale value because of electromagnetic fields generated by
transmission lines and the debate as to long term exposure. Some noise level is inherent in any transformer station. As for you purchasing the home, you need to decide for yourself if this is a concern. As a realtor, I have sold homes next to major power lines and I have buyers afraid to live around them. Best of Luck!Buying home near hydro transformer station?
Living near a hydro transformer station could have some effect on land value upon resale, just for plain attractiveness reasons and interference from the station it鈥檚 self. I had a house that had one a couple hundred yards away and other than the constant droning sound it made and crews working on there were no side effects. I would just look into the average price of homes in the area and get an appraisal of the property and see if the lot has a lower value than the surrounding properties. If it鈥檚 a first house you just have to think about if you plan on staying there for 50 years or plan on buying another home down the road.
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