Towers, Turbines and Transmission Lines (eBook)

Impacts On Property Value
eBook Download: PDF
2013 | 1. Auflage
352 Seiten
John Wiley & Sons (Verlag)
978-1-118-53322-2 (ISBN)

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Towers, Turbines and Transmission Lines - Sandy Bond, Sally Sims, Peter Dent
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From the Foreword by Dr Valmond Ghyoot, Emeritus Professor of
Real Estate, University of South Africa:

'The valuation profession, the legal profession, property
industry participants in general and students will welcome
publication of this book. Investors, environmental groups and
affected property owners will find essential information for use in
their decision-making, development objections and claims. My hope
is that [it] will provide answers where required and that it will
help to improve the professional standard of valuations and
appraisals internationally. I trust that it will also raise the
standard of testimony in damages cases. If so, the editors and
contributors will have succeeded in documenting the state of the
art in this relatively unexplored terrain.'

As a reference source, this book will help quantify the negative
impacts on property values of high voltage overhead transmission
lines, cell phone towers, and wind turbines. It gives a modern
perspective of the concerns property owners have about the siting
of industrial structures used to transmit or generate various forms
of energy and how these concerns impact on property values.

Studies reveal concerns the public have about devices and
structures that emit electromagnetic fields (EMFs) due to their
potential health hazards. . Despite some research reports
suggesting there are no potential adverse health hazards from high
voltage overhead transmission lines (HVOTLs) and towers, there is
still on-going concern about the siting of these structures due to
fears of health risks from exposure to EMFs, changes in
neighbourhood aesthetics and loss in property values. The siting of
wind turbines is also receiving community opposition due to noise,
light flicker, aesthetic concerns, and loss in property values. The
extent to which such attitudes are reflected in lower property
values is not well understood.

Towers, Turbines and Transmission Lines: Impacts on Property
Value outlines results of studies conducted in the US, the UK,
Australia and New Zealand and offers guidance to valuers as well as
to property/real estate appraisal students and property owners
around the world. The book provides defensible tools that are
becoming widely accepted to assess the effect that these
environmental detriments have on property prices.

Dr Sandy Bond is the Professor of Property Studies in the Commerce Faculty at Lincoln University in Christchurch, New Zealand. She is a Registered Property Valuer and Senior Member of the Property Institute of New Zealand (SPINZ), the President-elect (2013) of the International Real Estate Society and a Past President of the Pacific Rim Real Estate Society (PRRES). She has lived and worked in NZ, the USA, UK, and Australia and her career has encompassed property valuation, valuation consultation, academic research and university teaching. Dr Sally Sims is a senior lecturer in the Department of Real Estate and Construction at Oxford Brookes University. She was a Member of the Stakeholders Advisory Group on EMF and is a member of the Editorial Advisory Board for the International Journal of Housing Markets and Analysis. Peter Dent is a Fellow of the Royal Institution of Chartered Surveyors. He has held various posts at Oxford Brookes University, most recently as the Comerford Climate Change Fellow in the Department of Real Estate and Construction. He has had considerable experience of managing both academic development and research projects both in the UK and overseas.

About the Editors and Contributors

Glossary

Foreword

1. Introduction
Peter Dent and Sally Sims

2. Methods
Dave Wyman, Peter Dent and Sally Sims

3. Risk Perception, Stigma and Behaviour
Peter Dent and Sally Sims

Part I - High Voltage Overhead Power Transmission Lines (HVOTLs) and House Prices

Introduction
Sally Sims

4. HVOTLs in the UK
Sally Sims and Peter Dent

5. HVOTLs in New Zealand
Sandy Bond

6. A Review of HVOTL Studies in North America
David Wyman and Elaine Worzala

Summary
Peter Dent

Part II - Cell Phone Towers

Introduction
Sandy Bond

7. Cell Phone Towers in New Zealand
Sandy Bond

8. Cell Phone Towers in North America
Sandy Bond

9. Cell Phone Towers in the UK
Sally Sims

Summary
Sandy Bond

Part III - Wind Farms

Introduction
Sally Sims

10. Wind Farms in the UK
Sally Sims and Peter Dent

11. Wind Farms in North America
Ben Hoen

12. Wind Farms in Australia and New Zealand
Sandy Bond

Summary
Peter Dent

13. Conclusion
Peter Dent and Sally Sims

Index

"In bringing together research material in what remains a relatively under-researched area, this volume presents an excellent review of the current state of knowledge in valuing the potential implications of siting these three types of developments and deserves to be widely read." (International Planning Studies, 27 July 2015)

"This is a valuable reference source for anyone involved in the valuation or management of property affected by towers, turbines and transmission lines and I would recommend it to those professionals who practice in the area and for researchers interested in aspects of stigma associated with infrastructure projects." (Property Management, 1 August 2014)

Erscheint lt. Verlag 19.2.2013
Sprache englisch
Themenwelt Naturwissenschaften Biologie Ökologie / Naturschutz
Recht / Steuern Wirtschaftsrecht
Technik Elektrotechnik / Energietechnik
Wirtschaft Betriebswirtschaft / Management Rechnungswesen / Bilanzen
Betriebswirtschaft / Management Spezielle Betriebswirtschaftslehre Immobilienwirtschaft
Schlagworte Accounting • Bewertung • Business & Management • Environmental Management, Policy & Planning • Environmental Studies • Immobilien • Immobilien u. Grundbesitz • Property & Real Estate • Rechnungswesen • Umweltforschung • Umweltmanagement, Politik u. -Planung • Valuation • Wirtschaft u. Management
ISBN-10 1-118-53322-4 / 1118533224
ISBN-13 978-1-118-53322-2 / 9781118533222
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