How much will your property value drop?

Click on the map to enlarge

How much will your property value drop? It depends on how close you are to the power plant. Here is a report from UC Berkeley that concluded a 3-7% decline in property value within 2 miles of a power plant after construction: click here to read “The Effect of Power Plants on Local Housing Values and Rents”

Here is the math:
A $250K home could be worth $232K
A $200K home could be worth $186K
A $150K home could be worth $139K

Don’t expect the radius to be a cut off point. Home values will drop if you live outside the 2 mile radius.  Lower home values almost always impact their neighbors.

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Author: Jeffrey Kahn

Designer, Artist, Teacher, Entrepreneur, Earthling

2 thoughts on “How much will your property value drop?”

  1. FYI Next Community Meeting May 1 meeting 6:30 at Mission Trails visitor center we need everyone there, please come help us protect Santee, San Carlos, Tierrassanta and the Park.

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