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Updated about 8 years ago on . Most recent reply

Account Closed
  • Investor
  • Morristown, NJ
1
Votes |
19
Posts

How bad are Power lines to resale?

Account Closed
  • Investor
  • Morristown, NJ
Posted
I'm looking at at house that is near power lines and across the street from an electrical station (distant). The house is a two bedroom, ideal for a single person or small family. Price wise, the house will have an ARV of $350 in a neighborhood full of $500 to $1MM homes, with a good school district. Thought is someone may want a lower price point to enter the area, access the schools and be close to a nice downtown. There are other houses on both sides of the street that appear to be well maintained. 1 acre of property. Any thoughts?

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JD Martin
  • Rock Star Extraordinaire
  • Northeast, TN
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JD Martin
  • Rock Star Extraordinaire
  • Northeast, TN
ModeratorReplied

Anything sells at the right price. I have some homes near power lines and don't have any trouble renting them, for whatever that's worth. It sounds like you have the worst home in the best neighborhood, which is always a good spot to be in. 

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Skyline Properties

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