Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

Perception Effects of High Voltage Transmission (HVT) Lines on Residential Property Values: Cases of Chalala, Libala South and Kamwala South Areas of Lusaka City-Zambia

Perception Effects of High Voltage Transmission (HVT) Lines on Residential Property Values: Cases... AbstractAlthough several recent studies have shown how high voltage transmission (HVT) lines affect property values, no work has been undertaken in Zambia. This paper explores if there is a prima facie relationship between HVT lines and residential property values in Zambia. A priori evidence shows a paradox, with many new developments springing up in areas of high concentrations of HVT lines though residents vehemently complain about the mal-effects of HVT lines. Why then should land perceived to be inferior or “stigmatized” attract new developments? It is against this background that the householders’ perceptions of HVT lines are explored and the resulting effects on property values ascertained. A household survey was conducted in the Chalala, Libala South and Kamwala South areas of Lusaka city where developments have been undertaken around HVT Lines. The study also examined the statistical relationship of distances from HVT line with residential property values. Results show residential property values rise with increasing distance from the HVT line. It is recommended that the statutory wayleave distances should be raised to at-least 100 meters from the existing 31 meters for a 132kV line. It is further recommended that the regional wayleave guidelines currently in use should be made national. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Real Estate Management and Valuation de Gruyter

Perception Effects of High Voltage Transmission (HVT) Lines on Residential Property Values: Cases of Chalala, Libala South and Kamwala South Areas of Lusaka City-Zambia

Loading next page...
 
/lp/de-gruyter/perception-effects-of-high-voltage-transmission-hvt-lines-on-FwDfWkQKaA
Publisher
de Gruyter
Copyright
© 2019 Niraj Jain et al., published by Sciendo
ISSN
1733-2478
eISSN
2300-5289
DOI
10.2478/remav-2019-0023
Publisher site
See Article on Publisher Site

Abstract

AbstractAlthough several recent studies have shown how high voltage transmission (HVT) lines affect property values, no work has been undertaken in Zambia. This paper explores if there is a prima facie relationship between HVT lines and residential property values in Zambia. A priori evidence shows a paradox, with many new developments springing up in areas of high concentrations of HVT lines though residents vehemently complain about the mal-effects of HVT lines. Why then should land perceived to be inferior or “stigmatized” attract new developments? It is against this background that the householders’ perceptions of HVT lines are explored and the resulting effects on property values ascertained. A household survey was conducted in the Chalala, Libala South and Kamwala South areas of Lusaka city where developments have been undertaken around HVT Lines. The study also examined the statistical relationship of distances from HVT line with residential property values. Results show residential property values rise with increasing distance from the HVT line. It is recommended that the statutory wayleave distances should be raised to at-least 100 meters from the existing 31 meters for a 132kV line. It is further recommended that the regional wayleave guidelines currently in use should be made national.

Journal

Real Estate Management and Valuationde Gruyter

Published: Sep 1, 2019

There are no references for this article.