Donna Williams
Freshman Member
- Joined
- Mar 20, 2003
Hello,
I'm new to this forum and I hope that I can find either some help or reassurance from the members here.
My Problem: A major natural gas utility is forcing a transmission line through our residential property which will connect with the Transcontinental Pipeline and carry highly pressurized natural gas (800 lbs. PSI). In our state, SC, this utility is conveyed emininent domain which means our only say in the matter is input on the settlement. This pipeline will pass through an open field along one property line, under an asphalt drive, through the bed of natural spring and a rainwater drainage area taking all of the trees down. This affects the privacy and natural beauty of our property, especially the approach to our home which is shielded from view at the roadway. They will wipe out all of our landscaping in that area (azalea plantings with 8 years of growth). The pipeline is underground and that easement will be viewable from our home. The easement will primarily lie in a large field that my daughter plays in and it's the only other realistic building site on our heavily wooded property of 7.5 acres.
My Question: Will this easement decrease my overall property value and the resale value of our home? Although I can find info. regarding other settlements in my area, I've been unable to locate a comparable property where I can assess the effect by determining the change in property value from before to after an untility easement is granted. My instinct is that it will hurt our value. I personally would not seek to purchase a residential property with such an easement, unless I was getting a "deal" for that type of property to offset the acceptance of the easement. Is there a "rule of thumb" that would give some indication of how the value of the home and property will be affected? I appreciate any help or insight you can provide in this matter.
Sincerely,
Donna C. Williams
I'm new to this forum and I hope that I can find either some help or reassurance from the members here.
My Problem: A major natural gas utility is forcing a transmission line through our residential property which will connect with the Transcontinental Pipeline and carry highly pressurized natural gas (800 lbs. PSI). In our state, SC, this utility is conveyed emininent domain which means our only say in the matter is input on the settlement. This pipeline will pass through an open field along one property line, under an asphalt drive, through the bed of natural spring and a rainwater drainage area taking all of the trees down. This affects the privacy and natural beauty of our property, especially the approach to our home which is shielded from view at the roadway. They will wipe out all of our landscaping in that area (azalea plantings with 8 years of growth). The pipeline is underground and that easement will be viewable from our home. The easement will primarily lie in a large field that my daughter plays in and it's the only other realistic building site on our heavily wooded property of 7.5 acres.
My Question: Will this easement decrease my overall property value and the resale value of our home? Although I can find info. regarding other settlements in my area, I've been unable to locate a comparable property where I can assess the effect by determining the change in property value from before to after an untility easement is granted. My instinct is that it will hurt our value. I personally would not seek to purchase a residential property with such an easement, unless I was getting a "deal" for that type of property to offset the acceptance of the easement. Is there a "rule of thumb" that would give some indication of how the value of the home and property will be affected? I appreciate any help or insight you can provide in this matter.
Sincerely,
Donna C. Williams