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yes and no. Inside the fall distance yes, and I don't care about the theoretical engineered collapse, If it's 200' tall I want 300' away and outside the guy wires. Owner gets income from furthest, but none although she signed waiver for to ex-bro in law. Really signed away part of home value.
I have done more than one analysis comparing sales in proximity to sales not in proximity, have never been able to prove a negative. IMO it becomes a buyer's decision vs a market thing.
As an aside, the new cell towers of 5G are going to be much more proximate as the cells for 5G have less range. They are going to be attached to municipal light poles, electric transmission towers, etc.
I had two very similar homes available to me 6 years ago. The one I didn't purchase had a very visible cell tower from the back yard. Not something I wanted to look at.
I've not been able to prove a negative influence IN MY MARKET. Most of the towers in forested areas are camouflaged. It does look a bit funny when those towers are substantially taller than the trees around them.
Haha...there's one on the mountain to the south of me. You can see it 20+ miles away. It's not even the same green as the hemlocks around it. There are some in old church steeples in the villages, but the signal is nowhere near as good.
Frequently it comes down to judgement of course. Start with extremes - ask whether most families would prefer to live next door or a mile away. Just asking the question means there'd be something there for a family to think about, right? You can imagine all kinds of "why's" just like your hypothetical family buying the property.