The Potential Impact Radius of a Natural Gas Transmission Line and Real Estate Valuations: A Behavioral Analysis

How would a purchase price be impacted if a seller provided buyers a notice that the residential property that has been listed for sale is located within a Potential Impact Radius (PIR) of a natural gas transmission line?

This study intended to address the question, “How would a purchase price be impacted if a seller provided buyers a notice that the residential property that has been listed for sale is located within a Potential Impact Radius (PIR) of a natural gas transmission line?” Does the notice of being located within the PIR affect the purchase value a buyer is willing to offer for a residential property? Does the perceived risk associated with PIR affect the amount a potential buyer would offer?

Authors: Charles M Hilterbrand

Link: https://doi.org/10.28945/4514

Cite as: Hilterbrand, C.M. (2020). Chamber of Commerce leaders: How aligned are they for their organization’s success?. Muma Business Review 4(8). 87-89. https://doi.org/10.28945/4514