Environmental Counseling Cases

  • November 20, 1991
  • • Written by: Max J. Derbes, Jr., CRE 

Fall/Winter 1991, Vol 16, No 2

Abstract: Pollution damage to the market value of real estate comes in many forms. This article discusses two vastly different forms of pollution in two case studies. The first ‘Where’s the Plume’ deals with an underground water aquifier polluted by leaks from service stations that affected the market value of four lots in a commercial, office park subdivision in a small midwest town. ‘Noise Pollution’ involves noise pollution from highway traffic and its effect on residential real estate values.