If you are considering selling a large acreage tract of land in North Carolina and are concerned about power lines or other things which may increase (or diminish) the value of the property, contact me today. I will be happy to help you determine the best use of the land and come up with a plan to help you get the land sold as quickly as possible and for as much money as possible. I sell several 100+ acre tracts each year.
Do power lines affect the price of land?
In central North Carolina it is very common to find power lines running through a property. This is because when the power company added lines, they specifically looked for large acreage tracts of land where nobody was living to put the power lines.
In Chatham County, for example, there are large subdivisions such as Governor’s Club and Briar Chapel with power lines running through them. At one time, the land was vacant and transmission lines were run through before houses were developed.
Most residential buyers simply do not like power lines, especially the giant, iron-man like power lines that buzz.
In other cases, power lines do not diminish the value of a property at all. In this video, I discuss a hotel near Carter Finley Stadium in Raleigh which is located near power lines. In this case, the power lines have no affect on the price of a property.
In some cases, such as solar farms and other industrial settings, nearby power lines are a bonus, or even mandatory.