Property Values

One of the most common things opponents of wind farms say is that they destroy property values of the homes and land located within or near wind projects. However, there is no peer-reviewed evidence that wind turbines lower property values in communities where wind farms exist.

To the contrary, a study conducted in 2013 by the Lawrence Berkeley National Laboratory analyzed more than 50,000 home sales near 67 wind facilities in 27 counties across nine U.S. states. The study was unable to uncover any negative impacts to nearby home property values.

https://newscenter.lbl.gov/2013/08/27/no-evidence-of-residential-property-value-impacts-near-u-s-wind-turbines-a-new-berkeley-lab-study-finds/

In fact, many communities actually see property values around wind farms INCREASE – which makes sense when you think about the additional millions of dollars in tax revenue those communities have as a result of the wind farm. This income reduces the tax burden on home- and landowners and helps strengthen local services like schools, roads, and public safety. All of these things help make these communities more desirable places to live.

According to the Energy and Policy Institute, “Studies find properties that host wind farms are worth more after turbines are installed. Nearby properties are unaffected…Ten major studies in three countries of 1.3 million property transactions over 18 years of data have found no connection between wind farms and property values. Yet the fear of property value loss persists and is exploited by anti-wind campaigning groups in their attempts to turn local populaces against wind developments.”

https://www.energyandpolicy.org/wind-energy-does-not-hurt-property-values/