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Cell Phone Tower Proximity Impacts on House Prices: A New Zealand Case Study

Author/s: Sandy Bond

Date Published: 1/01/2007

Published in: Volume 13 - 2007 Issue 1 (pages 63 - 91)

Abstract

The siting of cellular phone towers (CPBSs) is of particular public concern due to fears of potential health hazards from the electromagnetic fields (EMFs) that these devices emit. The unsightliness of these structures and fear of lowered property values are other regularly voiced concerns about the siting of CPBs. This paper outlines the results of further research to show the effect that distance to a CPBS has on residential property prices in New Zealand (NZ). The results of this research will be of interest to valuers when valuing properties in close proximity to CPBSs and for determining compensation, if any, to affected property owners.

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Keywords

Cellular Phone Base Stations - Gis - Market Perceptions - Multiple Regression Analysis - Property Values

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