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Campanelli & Associates, P.C.

AntiCellTowerLawyers.com

(516) 746-1600

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Yes. Just find a real estate broker whom you trust, and they will give you the same answer. Or simply ask yourself if you would prefer to purchase a home which has a Cell Tower looming over it, or one which doesn't.
"Phone Masts (Cell Towers) Blight House Sales"
Story
Studies
Experts, Courts and News
The Bond and Wang study involved the analysis of 4,283 residential home sales in 4 suburbs between 1984 and 2002. The study reflected that close proximity to a Cell Tower reduced price between 20.7%
 and 21%.
The Bond and Wang - Transaction Based Market Study
The Bond and Beamish - Opinion Survey Study
The Bond and Beamish study involved surveying whether people who lived within 100' of a tower would have to reduce the sales price of their home. 38% said they would reduce the price by more than 20%,
38% said they would reduce the price by only 1%-9%, and 24% said they would reduce their sale price by 10%-19%.
"As a licensed real estate broker with over 30 years of experience, it is
my professional opinion that the installation of a Cellular Tower can significantly reduce the value of neighboring residential properties"
Lawrence Oxman, Licensed Real Estate Broker
United States Court of Appeals for the 11th Circuit upheld a denial of a Cell Tower application based upon testimony of residents and a real estate broker, that the Tower would reduce the values of property which were in close proximity to the Tower.

Does the Installation of a Cell Tower
Reduce the Value of Nearby Properties ?

The Bond and Hue - Proximate Impact Study
The Bond and Hue study conducted in 2004 involved the alanysis of 9,514 residential home sales in 10 suburbs. The study reflected that close proximity to a Cell Tower reduced price by 15% on average.