400ft Communication Tower effect on property value?

Question

Hi, I bought a new construction home with a 400ft communication tower (owned by the city) nearby. The tower is on the end of the block about 8-9 houses down. It's very visible from the front yard. Its not a cellular tower, its a radio communication tower for fire and police.

Curious if you think this will impact re-sale value and by how much. What are ways to mitigate impact?

Ray Hage · Answer

Hey Angela. There's not a lot you can really do about it. I have had a similar problem recently. I have a beautiful home that Iisted for my client...but the neighbor's house on one side is ugly. There is not really much you can do to block out that tower. I would focus on making the backyard amazing so that whoever the next buyer is can have a nice outdoor space (maybe a pool, florida room and/or garden) to enjoy.

Angela Don · Answer

Thank you guys for the advice. It means a lot! Ill look into landscaping opportunities.

Scott E. · Answer

Yes I believe this will impact resale value a bit, but it should have also impacted the currently value (meaning you should have been able to buy your home at a discount relative to other similar homes in the area that don't have the tower in view).

Appraisers account for "negative external factors" on their reports. I've only seen them call out when there is a busy street or a big commercial building nearby, but a tower like this I would think is considered one of these negative external factors.

It's 8-9 houses down so that's not horrible. I doubt it impacts the experience once you are on your property. I'd plant some trees or something that grows tall on that side of your property. Hopefully it blocks or distracts from the views in a few years once the plants mature.