Environmental

What is 'electromagnetic radiation' from power lines and how does it affect Delaware real estate values?

AIt has no effect on real estate values
BProperties near high-voltage power lines may face buyer concerns about potential health effects, reducing demand and values — an example of possible external obsolescence✓ Correct
CElectromagnetic radiation increases property values by reducing electricity costs
DOnly properties directly under power lines are affected

Explanation

While scientific evidence is inconclusive regarding health effects, proximity to high-voltage power lines creates buyer perception issues that can reduce demand and property values. Appraisers may consider this as a potential form of external obsolescence.

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