Wind turbines don’t hurt property values

[xchrom]

http://grist.org/news/wind-turbines-dont-hurt-property-values/

***SNIP

Next, they worry that the value of their property will fall. “Here come those eggshell-colored spinning things that produce energy but no pollution,” they might mutter to one another in hushed tones. “There goes the neighborhood.”

Fortunately, this concern is equally unwarranted, according to a comprehensive new study by Lawrence Berkeley National Laboratory researchers [PDF]. From the study:

We collected data from more than 50,000 home sales among 27 counties in nine states. These homes were within 10 miles of 67 different wind facilities, and 1,198 sales were within 1 mile of a turbine — many more than previous studies have collected. The data span the periods well before announcement of the wind facilities to well after their construction. …


Regardless of model specification, we find no statistical evidence that home values near turbines were affected in the post-construction or post-announcement/pre-construction periods. …

[Champion Jack]

1. Unlike the property value drop you get when you have a frack site on

Or near your property

[Bohunk68]

2. During the time I was on Town Council

we looked very very hard at all matters having to do with wind energy and the effects from producing it. This was just 4 years ago. The upshot was that while wind energy is an outstanding means of gathering energy, there were problems that come up when they are installed in semi-urban areas. Namely, noise factor. While housing values were brought up, they really didn't seem to have a huge influence on the outcome. Also, in smaller towns it was figured that the windmills would provide a much needed income boost. Thereby enabling a lowering of the tax rate. A committee of persons (3, 2 pro-wind and 1 anti) went to verify matters themselves and all three made a negative report to the Council. One, carpenter-councilperson, another a retired school teacher, and the last, a semi-retired dentist. We came to the conclusion that it would not be worth the lawsuits that could ensue for the amount of revenue brought in.

[kristopher]

3. Then you made a very poor decision

It sounds like you were intimidated by propaganda.

[oldhippie]

4. Oh, the irony ...

It sounds like you were intimidated by propaganda.

It's killing me!

[Bohunk68]

5. I see.

I, and others on the committee have stacks of material that are considerable. This was a process that took a year and a half. Your implication is unacceptable

[kristopher]

6. I spent several years studying the way communities evaluated wind

Local to state to national.

*You* stated that fear of litigation was the reason for rejecting wind development. This isn't rocket science, if the legislation is designed properly that simply isn't an issue. You were railroaded by a very vocal ALEC inspired movement that provides MOUNTAINS of fabricated "information" for the unwary local legislator.