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Abstract
Energy facility presence can be understood as an intangible property characteristic. Up to now, little research has been conducted on its importance in the context of property asset pricing. Existing appraisal approaches for energy facility presence are often grounded on the intuition that house buyers charge a financial compensation for living near such a facility – the implicit price. This paper provides an overview of the existing empirical literature on the property value impact of nuclear, wind and biomass and biogas energy facilities. Evidence suggests that general statements concerning the implicit price of energy facility presence are not possible as this presence is a location specific phenomenon.
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