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Renewable energy initiatives require modernization to the power grid. Renewable energy must be transported long distances by high-voltage overhead transmission lines (HVOTLs) from generation point to population centers. This article discusses the literature since 2010 regarding the impact of HVOTLs on property values. Previous reviews have divided the literature into three categories: statistical price models, survey-based research, and other appraisal methods, such as paired sales and resale analyses. The article examines the developments within these three established empirical approaches and extends the literature review beyond the United States to studies in Europe and New Zealand.

by Orell C. Anderson, MAI, Jack Williamson, PhD, and Alexander Wohl

 

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