Gasoline Line Under my Land

izkoAugust 20, 2012

I have a gasoline line running under the land I just bought ($100,000). I am thinking to built a house and the question I have is if my house costs me 300,000, would it devalue because of the line? If I decide to sell next year (given that markets remain steady), would my house still be worth $400,000 or less because of the line?

Thank you for reporting this comment. Undo
LuAnn_in_PA

A huge variable is where the line is and its diameter.

Also, are you sure it is a GASOLINE line and not natural gas?

    Bookmark   August 20, 2012 at 9:23AM
Thank you for reporting this comment. Undo
brickeyee

You need to red the exact easement the line operates under.
That will affect things like building setbacks.

    Bookmark   August 20, 2012 at 9:50AM
Thank you for reporting this comment. Undo
nini804

I would be very careful if it is gasoline...there have been many stories about health problems associated with living near "tank farms"...plus it could leach into the ground water.

There is a natural gas pipeline that runs through our town...I don't think you can build on it...but plenty of people have homes adjacent to it. It looks like a grassy meadow. :) it has no negative impact on property values. It is very different than gasoline.

    Bookmark   August 20, 2012 at 10:18AM
Thank you for reporting this comment. Undo
brickeyee

" would be very careful if it is gasoline...there have been many stories about health problems associated with living near "tank farms"...plus it could leach into the ground water. "

Pipelines are very different than tank farms.

A leak is a BIG deal and gets noticed in a matter of minutes, then the line is shut down.

Tank farms have had a bad history from tank leaks, an unpressurized vessel that is just sitting there.

    Bookmark   August 20, 2012 at 1:17PM
Sign Up to comment
More Discussions
May not build - what is fair to builder?
We are still in the planning stages of a new home build....
buildinse
Getting bids from builders
We are hoping to build the Southern Living Plan, Elberton...
Sue Slade
building a simple modern farm house on a budget
I am planning to build a simple modern looking farmhouse...
usalli
It's March 2015: How is your build progressing?
Zorro-anyone can start one. :) Link to It's February...
autumn.4
Revised Floor Plan - Please Critique
We're building our first house this Spring and are...
zeugirdorxela
Sponsored Products
POLYWOOD Recycled Plastic Long Island Chaise Lounge - ECC76SR
$439.99 | Hayneedle
Interlocking Tile: Stanley Garage Flooring 24 in. x 24 in. Black Anti-Fatigue
$69.97 | Home Depot
POLYWOOD Recycled Plastic Adirondack Conversation Set - PW357
Hayneedle
POLYWOOD Recycled Plastic Cape Cod Nautical Dining Set - Seats up to 8 - PW065
Hayneedle
POLYWOOD 5-ft. Recycled Plastic Ivy Terrace Swing - IVS60FBLWH
$569.99 | Hayneedle
POLYWOOD Curved Back Adirondack Conversation Patio Set - PW128
$855.01 | Hayneedle
People viewed this after searching for:
© 2015 Houzz Inc. Houzz® The new way to design your home™