A NC 'transfer station' for solid waste located near a residential neighborhood could affect real estate values primarily through:
Why Negative externalities including noise, odor, truck traffic, and perceived environmental health risks Is Correct
Answer B: Negative externalities including noise, odor, truck traffic, and perceived environmental health risks
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Key Terms to Know
The annual income generated by an income-producing property after subtracting operating expenses, but before debt service.
ZoningLocal government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
DepreciationA reduction in the value of an improvement (building) over time due to physical deterioration, functional obsolescence, or external factors.
VarianceOfficial permission to use land in a way that does not conform to the applicable zoning ordinance, granted by a zoning board when strict enforcement would cause undue hardship.
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