Do CELL TOWERS bring DOWN Property Values where they are built?

By
Real Estate Agent with Godzyk Real Estate Services

I often read about communities that go up against the cell phone giants for their placement of their towers. I always feel for the residents and think, isn't there a better location not in a residential area. This time my neighborhood in South Manchester NH  is under attack once again for placement of a tower in a residential neighborhood.

AT&T is trying to build a 100 foot tower in a residential area off South Mammoth Road. The zoning board gave AT&T preliminary approval despite nearly EVERY single neighbor having a concern. Does the Manchester Water Works getting near a million dollars over time have anything to do with it?

Most towers are not approved for residential area's in a city and for good reason as they can bring down property values and cause an eye sore for those who have enjoyed peaceful neighborhood views for all their lives.

In my opinion there as Industrial and commercial areas that are within a mile in all directions that would not affect the residential area and there are already towers in some of those areas. Why cant they place them on top of what is already there??? It seems so simple but big industry and city politics just do not seem to care about the average person.

One of the thoughts was to place this tower just down the road on land owned by the city and houses an elementary and middle school. With schools hard up for dollars this could be a great plus to raise funds for these schools. The poiticians shot this down as they dont want "radiation" affecting the kids. Unless they are sitting on the tower, i dont see any study that radiation will affect any one from a tower.

One of the key questions was how much would a tower lower values. If i was a neighbor, any amount is too low but i dont have an exact answer, ill leave that for the professionals.

THE TOP QUESTION IS DO TOWERS BRING DOWN PROPERTY VALUES?

The easiest way to describeit is to put forth this scenario. You have 2 homes, same, age, same style, same size, same condition, sameroom count, same bedrooms, same school district and same lot size. One has a cell tower in it's back yard or within view. the other does not. Whoch one would a buyer choose more often. Of course the one without a tower. SO the home owner with a tower may not be able to sell. How do they sell, they lower their price until a buyer cares more about getting a great deal than the cell tower bothers them. Therefore the value of the home with a cell tower is worth less than that without one.

The other concern is safety, representatives said they would not place a light on top of it, however if they are using the same flawed airport study that planes do fly over the neighbrohood which excluded us from sound proofing, maybe they should come over on a cloudy day when planes take off to the East and see how low these planes that "dont fly over" the area really are.

What can you add about cell phone towers, property values and such... Please let me know

 

TIPS OF THE WEEK

WHAT CAN YOU DO IF YOU WANT TO BUY A HOME?

 

1. GET PREQUAILIFIED with a local and Trusted Loan Officer. The biggest factior in buying a home is whether you can get a mortgage, how much they will loan you, how much you will need for a down payment and closing costs and what price range you should be looking at.

2. HIRE A BUYER AGENT: Here in NH a buyer can usually hire a buyer agent at no cost to them. The Buyer Agent gets paid their commission from an amount the listing agent has possted in the MLS. As a buyer you really should have an agent who guides you through EACH step of the Buying process.

HOW DO YOU KNOW HOW TO HIRE A BUYER AGENT?

1. Choose a FULL TIME Agent. You want an agent whose sole job is working in Real Estate. You want to make sure they are available when needed to answer questions or be guiding you through the buying process.

2. Choose a Full Service Agent. Sure discount brokers may charge slightly less but you can get substantially LESS in the service you receive. You want someone guiding you trhough EACH step, not just the easy one's leaving you on your own through teh harder or stressful ones.

3. Choose a LOCAL agent. Too many agents from out of town and even out of state are looking for you to hire them. They may not know your area, your neighborhood, not know your children's schools, where you shop, which church you go to and may not be able to be there on a moments notice when needed.

4. Choose an Experienced Agent. Not every agent is experienced with all types of homes, areas and types of sales. Choose an Agent that is Experienced in SELLING Homes. It is what we do and what we do well.

5. Choose an agent who will ASSIST YOU THROUGH EACH STEP of the Buying process. There is nothing worse than being left to fend for yourself. Your agent should be there through each step, answering your questions, guiding you and giveing you peace of mind.

 

WE STRIVE TO PROVIDE THE BEST POSSIBLE SERVICE THROGHOUT EACH STEP OF THE LISTING AND SELLING PROCESS!!!

If you have a home to sell in NH and want an agent who will stand by you through every step of the selling process? I am your agent. If you want strangers through your house, list with a mega agent.

 

Please call for a FREE MARKET ANALYSIS to let you know what the value of your home is.

If you need to sell your home and you owe more than your house is worth, i may be able to help. I specialize in working with home owners to get your home sold. There are many options such as a short sale whcih may be able to help you.

Please try and avoid out of state or out of town agents and companies that make "out of this world promises". We are local agents with experience who never charge any up front fees. WE GET RESULTS!!!

We stand by you through every step in selling your home.

 

PLEASE SEE MY "TOP" TIPS FOR BUYING A HOME

PLEASE SEE MY "TOP" TIPS FOR SELLING A HOME

SUPPORT LOCAL BUSINESS!!!

ONE OF NEW HAMPSHIRE'S LEADING AGENTS FOR SHORT SALES AND BANK OWNED HOMES...

If you are Looking for a Real Estate Agent you have come to the right place. Scott Godzyk is a Full Time and Local agent ready to serve all of your Real Estate needs through each step of the buying or selling process. We are proud to be locally owned and operated.

If you owe more than your house is worth, If you are behind in your payments, I may be able to help. Call me to find out how you may be able to sell your home at no additional cost to you.

Scott Godzyk is the Owner/Broker of The Godzyk Real Estate Services located in Manchester NH. With 25 years of Real Estate experience Scott specializes in Listing and Selling Bank Owned Homes, Short Ssles, Residential Properties, Condominiums, New Construction and Investment Properties. Scott services the counties of Hillsborough, Merrimack, Rockingham and Belknap. To contact Scott Godzyk please call 603-661-2121 or email sctprop@aol.com. his website is www.ScottSellsNH.com.

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Rainmaker
1,186,718
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

GEORGE exactly, well said. thank you for the comment

Aug 20, 2012 12:19 PM #49
Rainmaker
682,844
Evelyn Kennedy
Gallagher & Lindsey, Alameda, California - Alameda, CA
Alameda, Real Estate, Alameda, CA

Scott:

People do not want to have a cell tower in their area.  I think the municipality should rethink their agreement.

Aug 20, 2012 12:34 PM #50
Ambassador
2,471,962
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

It may lower the sales price of the home purchased and buyers believe they got a good deal.

Wait until they need to sell. 

Aug 20, 2012 01:09 PM #51
Rainmaker
1,186,718
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

Evelyn I think you said it best, they sure should.

Aug 20, 2012 01:37 PM #52
Rainmaker
1,186,718
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

LENN that is an excellent point

Aug 20, 2012 01:37 PM #53
Rainmaker
542,329
Eric Michael
Remerica Integrity, Realtors®, Northville, MI - Livonia, MI
Metro Detroit Real Estate Professional 734.564.1519

Scott, I personally wouldn't purchase a house near a cell phone tower or electrical lines. Who knows if there's any long term damage from them?

Aug 20, 2012 02:36 PM #54
Rainmaker
411,849
Fred Sed
Orange County Short Sale Foreclosure Realtor - Irvine, CA
Your Orange County Realtor, Why? Because Fred Sed

I'm supried they would be placing a "naked" cell tower in a residential area. Along with what others have said, seeing a cell tower her in Orange County, California is a rarity. They are often disguised as native trees, put on the side of power lines, or attached to the top of an industrial building. All of those options are very welcomed. As a matter of fact, I wish AT&T would put up more lines so I could actually get some reception on their network!

Aug 20, 2012 03:48 PM #55
Rainmaker
1,186,718
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

Eric I am with you

Aug 20, 2012 04:07 PM #56
Rainmaker
1,186,718
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

FRED they are nio where as strict as CA, only the rural areas get the tree towers, or tower in the church steeple, we get naked ugly towers

Aug 20, 2012 04:08 PM #57
Rainmaker
1,286,370
Gene Riemenschneider
Home Point Real Estate - Brentwood, CA
Turning Houses into Homes

I imagine it would.  I have never seen this situation.  Just Power Lines, which no one wants to live near.

Aug 20, 2012 06:26 PM #58
Rainmaker
213,198
Woody Edwards
First Choice Realty, Inc - Chesterfield, VA
A Realtor® Who Answers His Phone!

Growing up, my father was on the local zoning board.  Back then it wasn't cell phone towers, but whatever it was, he got calls saying, "Not in my backyard".  And 30 years later, the subject has changed, but not the sentiment!

Aug 20, 2012 07:12 PM #59
Rainmaker
300,960
Michael J. O'Connor
Diamond Ridge Realty - Corona, CA
Eastvale - 951-847-4883

My small city has been waiting for a major 'old school' ugly cell tower to be moved as part of a road expansion project.  It sits directly in the middle of what will be the road and it really needs to go because it causes a pretty big detour of the road right now.

The new tower is going up almost on top of some houses about 800 feet down the road.  It is going to be designed to look like an old style water tower and will have the city's logo on the side.  It will make for a great landmark as you enter the city but I don't know how the people underneath the tower will feel about their resale.  I'm hoping it actually isn't too bad for them but I don't know.....

Aug 20, 2012 07:37 PM #60
Rainmaker
761,933
Sharon Parisi
Keller Williams Dallas Premier Realty - Dallas, TX
Dallas Homes

Like Lenn, I find that buyers prefer not to see homes near towers.

Aug 20, 2012 11:47 PM #61
Ambassador
1,121,529
Bob Crane
Woodland Management Service - Stevens Point, WI
Forestland Experts! 715-204-9663

Hi Scott, I like Dick Greenberg's suggestion.

I also think that mounting these on school property is NOT a good idea, even the companies that place these towers would shy away from this due to the eventual lawsuits when the kids start to get sick.

Aug 21, 2012 02:10 AM #62
Rainmaker
1,035,542
Gary L. Waters, Broker Owner Waters Realty of Brevard, LLC
Waters Realty of Brevard, LLC - Melbourne, FL
Personal Service, always.

If it is the right tower you can always market the great cell signal!  A necessary evil I guess.

Aug 21, 2012 04:48 AM #63
Rainmaker
411,849
Fred Sed
Orange County Short Sale Foreclosure Realtor - Irvine, CA
Your Orange County Realtor, Why? Because Fred Sed

Scott, That's a shame. You have such a beautiful state too. Perhaps you can petition them to at least look like the Eiffel Tower instead? lol

Or maybe you can petition the state legislature to pass a law to disguise the towers in order to increase property values and also increase tax revenues it could be a win-win for everyone.

Aug 21, 2012 10:43 AM #64
Rainer
57,445
Wayne Jackson
Lakeshore Realty 208-714-4109 - Hayden, ID
North Idaho Realtor, Serving Coeur dnullAlene and Hayden Lake

Scott, The eye sore is the least of your problems. These things are extremely bad for your health. Those studies you read saying they are safe have all been paid for by the cell companies. All the independent studies show them to be harmful to your health in mutiple ways. Some cities have outlawed them near schools. In some Europeon countries you can't even have a cell phone in a school because of the health dangers.

Here in the Northwest most buyers won't even look at a house within 2 blocks of a tower.

Aug 21, 2012 08:11 PM #65
Ambassador
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Jeff Dowler CRS
Solutions Real Estate - Carlsbad, CA
Carlsbad CA Homes for Sale (760) 840-1360

The high tension wires and towers, IMO, are a bigger issue. There are many who are concerned about the electromagnetic energy, for one (and there are studies pro and con) plus the esthetic factor.  We see cell towers here in some areas disguised as palm trees.

Aug 22, 2012 08:56 PM #66
Rainmaker
543,364
Sarah & Les Oswald
Eastvale Team Realty & Property Mgmt - Corona, CA
Broker, Realtor, CDPE, CIAS, SFR , Investor

This is why they are making them look like cactus and other trees, water towers, etc....see by blog today for the pictures.

Jan 12, 2013 06:48 PM #67
Rainmaker
372,797
John Mosier
High Country Realty - Prescott - AZ - Prescott, AZ
Prescott's Patriot Agent & Land Man 928 533-8142

There are cell towers in the Phoenix area that are partially disguised as palm trees. The disguise is not very good but is better than a bare tower.

Dec 09, 2014 05:41 PM #68
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