How much will your property value drop?

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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

Artist, designer, educator, 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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