www.windaction.org

Inquiry to probe wind farm property price impacts
April 16, 2013 in AU News

A Federal Court decision has triggered a South Australian parliamentary investigation into whether wind farms can devalue neighbouring properties. The terms of reference have been expanded for a select committee looking into wind farm developments.

Also filed under [ Australia / New Zealand]

Searchlight wind farm could reduce property values by 25-60 percent, suggest studies
April 2, 2013 by Kyle Gillis in Nevada Journal

Recent studies and testimony by real estate appraisers from around the world indicate that properties within two to three miles of wind turbines have seen their values decline from 25 to 60 percent - with the decreased value being "tantamount to an inverse condemnation, or regulatory taking of private property rights."

Also filed under [ Nevada]

Farmers fear ill wind in expansion of turbine plan
March 24, 2013 by John Thistleton in The Canberra Times

An explosion of proposed wind farms near Canberra and their divisive nature have turned communities against them, the Liberal candidate for Hume claims. Angus Taylor said neighbouring farmers were terrified their land values will plunge 30 per cent.

Also filed under [ Australia / New Zealand]

Overflow crowd at wind farm hearing; Tipton BZA listening to pros and cons.
March 21, 2013 by Ken de la Bastide in Kokomo Tribune

At the center of the battle between opponents and proponents of the Prairie Breeze project is the potential impact on property values in the area. ...Appraiser Mike McCann, representing the CRD, said a wind farm will change the character of the area from residential and rural to industrial and decreases the desirability of selling a residential property.

Also filed under [ Indiana]

A proposed wind turbine development could be hurting home sales on Amherst Island
March 13, 2013 by Stephanie Wilkins in CKWS TV News

"All it takes is just saying well there is a project that has been proposed that entails bringing 33 to 37 huge wind turbines and people just say oh no no no we'll walk away from that." This is the second time Best's home has been put on the market and without a buyer she is left with few options.

Also filed under [ Canada]

Are energy projects causing loss of tourism dollars on public lands?
March 9, 2013 by Miriam Raftery in East County Magazine

Industrial-scale energy projects on Bureau of Land Management lands are pushed through by energy companies touting jobs and economic booms to communities. Not mentioned is the potential loss of tourism revenues if people stop coming to recreational areas that are visually blighted.

Also filed under [ USA| California]

Studies show land-based Wind turbines cause property values to plummet; Health, economic, and environmental factors are cited as major issues
March 5, 2013 by Barry Wanger in Wind Wise-Massachusetts

"The wind turbines near residential areas are devastating to home values," McCann said. His firm has conducted more than 20 appraisals of homes near existing or proposed land-based wind turbines in more than two dozen communities across the country.

Turbines 'tarnish property values'
February 12, 2013 by Pia Akerman in The Australian

In a decision believed to be the first time an Australian court has recognised the adverse financial impact of wind farms for neighbours, magistrate Kate Hughes ruled a property would be worth 17 per cent less if a 14-turbine facility were erected next door. For one part of the property, in regional Victoria, she accepted a 33 per cent fall in value was likely.

Also filed under [ Australia / New Zealand]

Wind farm giant goes after 'myths'
February 11, 2013 by Dan Seufert in Manchester Union Leader

Woody Miller, a realtor at Coldwell Bank and Old Mill Properties in Bristol, said the Groton wind farm has likely already slowed the sale of one of his properties in neighboring Rumney. "I would argue that wind farms here will have a substantial effect on fair-market property values. If you eliminate even a few of the pool of potential buyers for a particular property, it hurts property sales and therefore values."

Also filed under [ New Hampshire]

Value of land cut by wind farms
February 1, 2013 by Pia Akerman in The Australian

Mr Jelbart and his neighbours estimate the wind farm development will wipe $20 million from the value of nearby properties. "Our land is being used as a buffer zone for an industrial site," he said.

Also filed under [ Australia / New Zealand]

Witness says ARC turbine would devalue property
January 16, 2013 by Cynthia Mccormick in Cape Cod Times

"Old King's Highway is about views and vistas as well as paint chips and shingle colors," she said. "I felt ARC had other options where to put the turbines." Austin said as the appellant she represents 92 people from Dennis and Yarmouth who formed an organization called Save Our Beaches in opposition to the proposed turbine.

Also filed under [ Massachusetts]

Wind turbine report points to drop in property values
October 4, 2012 by Elliot Ferguson in Kingston Whig-Standard

A report by Ben Lansink of London-based Lansink Appraisals and Consulting, shows re-sale values for residential properties in Melancthon and Amaranth townships between 2005 and 2012 dropped an average of 38.8% in the years after a wind turbine facility was announced and built.

Also filed under [ Canada]

Wolfe Island property assessment reductions of over $3 million
September 19, 2012 in Ontario Wind Resistance

I am including the list of property assessment reductions from MPAC since 2008. The list shows 78 significant assessment reductions since 2008 (the wind farm became operational in 2009) totaling $3 million in reductions. The 6 largest reductions are listed below and are situated very close to the turbines.

Also filed under [ Canada]

Council tax cut for Cumbrian houses near wind turbines
August 3, 2012 by Lauren Maugham in Cumberland Times

Anti-windfarm activists are claiming a victory after homes near turbines had their council tax bills cut. Campaigners in Cumbria are viewing the Government decision as a step towards an admission that wind turbines do affect properties and their value.

Also filed under [ UK]

Appraiser: Wind farm won't affect property values
July 11, 2012 by David Giuliani in Sauk Valley News

For most of the 2 1/2-hour meeting, Crowley was cross-examined by Rockford attorney Rick Porter, who is representing Hamilton Township and a number of private landowners fighting the wind farm. Crowley conceded he didn't know the proposed height or width of the turbines.

Also filed under [ Illinois]

Property value losses near wind turbines greater than previously thought, appraisers say
March 30, 2012 by Billie Jo Jannen in East County Magazine

The current study, released in July of 2011 by the Economic Financial Studies School of Business at Clarkson University, cites losses of up to 40 percent on properties located within 0.10 miles of new wind turbine facilities. This has prompted him to revise his loss figure upward to a maximum of 40 percent and expected adverse impacts out to three miles, with effects becoming less extreme with distance.

Also filed under [ USA| California]

Ontario wind power bringing down property values
October 1, 2011 by John Nicol and Dave Seglins in CBC News

CBC News has learned that already one bank in the Melancthon area is not allowing lines of credit to be secured by houses situated near wind turbines. In a letter to one family situated close to the turbines, the bank wrote, "we find your property a high risk and its future marketability may be jeopardized."

Also filed under [ Canada]

Critics say wind turbines hurt land values
September 11, 2009 by Thomas Content in Journal Sentinel

Land values have fallen on properties near wind turbines built as part of the largest wind power projects in the state, a study funded by wind-power critics says. The study found property values have fallen by at least 19% for sales of land near the We Energies wind farm in Fond du Lac County, and at least 12% for sales of land near Invenergy LLC's Forward Wind project in Fond du Lac and Dodge counties, a report by Appraisal Group One says.

Also filed under [ Wisconsin]

Nuns decide to pass on Ridgeville property; Cite possibility of wind turbines for decision
August 6, 2009 by Bill Gleiss in Monroe County Democrat

Cistercian nuns are moving from Prairie du Sac, but a site for a new monastery in the Town of Ridgeville is no longer one of several considered by the religious community. According to Sister Roberta Boyer ...the Ridgeville site, land owned by Ryszard Borys, was taken off the table because of the wind farm situation in the township.

Also filed under [ Wisconsin]

Prince Edward flip flop on windmill meetings
June 24, 2009 in Mix97 News

A full gallery last night at Prince Edward County Council. The crowd was made up of local real estate professionals, and tourism business operators. They are dead set against industrial wind farms anywhere near homes and business in the County.

Also filed under [ Canada]

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Impact on Economy and Property Values