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Land w overhead High power lines
If I were you, I would go to the county court house and pull the deed to this piece of property if it is on file yet and find out exactly what the dimensions of the power line easement are and if they are likely to be upgraded in the future and the easement widened. If this is investment property; these powerlines are a HUGE party pooper for appreciation value. Murf already mention EMF. Depends on how much voltage is running through them. I have stood under some 675 Kvolt lines in our families farm in VA that will make the hair on your arm stand up during the hot parts of the summer. Probably not a good thing. What restrictions on your use of the property will this power line easement cause you? If these are the run of the mill residential power lines. Totally different story. Check the deed to this property will tell you what the developer paid for it and you can request to look at some deeds to ajoining properties to determine sale price. Also pay close attention to any other right of ways, easements, or restrictions on the property you are interested in as these can be party poopers in the future as well. If I were you, I think I would start my offer at whatever the developer paid for the property and add 5% per year standard real estate appreciation value. He will probably scoff at it but then hopefully he will come back with a counter offer or you can suggest this. Hopefully, you can haggle a competitive price. In VA, property values are flat out going berzerk so the price is not likely to go down with time. Especially if you are looking in the Shenandoah Valley area.
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