News
Category:
Impact on People and Property Values
Browse in :
All
> Topics
> Impact on People
(2330)
All > Topics > Impact on Economy > Property Values (146)
Any of these categories
All > Topics > Impact on Economy > Property Values (146)
Any of these categories
Healey noted that the landowners near the proposed wind farms had submitted expert opinion estimating that drop in land values of 20 to 50 per cent.
She said the landowners can file a damage claim when the project clears all of its regulatory approvals.
Also filed under [
Canada]
Conditions placed on proposed wind farm; Permit granted after hours of debate
March 21, 2013 by Ken de la Bastide in Kokomo Tribune
March 21, 2013 by Ken de la Bastide in Kokomo Tribune
The Prairie Breeze Wind Farm will be allowed to move forward, as long as its developers guarantee it won't diminish property values and turbines are built at least 1,500 feet from property lines. ...the guarantee of property values is telling juwi to "put up or shut up."
Also filed under [
Indiana]
Wind farm property impact hard to define; Expert says buyers may be harder to come by
March 17, 2013 by Scott Smith in Kokomo Tribune
March 17, 2013 by Scott Smith in Kokomo Tribune
In Tipton County, developers juwi Wind Energy say there's no data to support the contention that wind farms affect property values.
But even the authors of the only comprehensive U.S. study on the subject, a 2009 U.S. Department of Energy-funded look at more than 7,000 properties near wind farms, weren't willing to go that far.
Also filed under [
Indiana]
Houses very close to wind farms drop in value because they are more difficult to sell and a significant rebate would be some compensation. Whether £400 and a reduction in fuel bills will be regarded as adequate remains to be seen and householders who complain that noise from turbines affects their wellbeing are unlikely to regard any payment as sufficient compensation.
Also filed under [
UK]
The loss-of-value clause was passed by parliment in 2008 at the urging of Dansk Folkeparti (DF) and gave neighbours to wind turbines the opportunity to seek financial compensation for lost property value. Fifty-three percent of applicants have received compensation, but those that have had money awarded say the amount did not come close to reflecting the actual value.
Also filed under [
Denmark]
Wind company and farm owner sued over proposed project
January 18, 2012 by Eric Gillespie in Canada Newswire
January 18, 2012 by Eric Gillespie in Canada Newswire
Wind developer WPD Canada and a farm that signed a lease to host wind turbines are now both being sued. The claim seeks an injunction and $2 million in damages related to the proposed Fairview Wind Farm in Stayner.
Also filed under [
Canada]
Wind turbine impacts revealed at community meeting
February 2, 2011 by Billie Jo Jannen in The Alpine Sun
February 2, 2011 by Billie Jo Jannen in The Alpine Sun
A standing-room-only crowd got an earful on the property and health impacts of industrial wind turbines last Wednesday, when experts flew in from Illinois and Canada to speak at an informational meeting held at the Boulevard Fire Station.
Also filed under [
California]
Property values and health impaired by wind turbines, experts tell East County residents
January 28, 2011 by Billie Jo Jannen in East County Magazine
January 28, 2011 by Billie Jo Jannen in East County Magazine
Both McCann and Krogh said that a number of turbine neighbors had walked away from their homes, because they could not live with the impacts and no one would buy their homes. Others must find someplace away from the turbines to sleep and many have had to send their children to live with relatives to clear up various illnesses.
Also filed under [
Noise|
California]
Taylor said in his report that rural property close to town is usually in good demand, and noted he’s the agent for one parcel in the area. He has had over 50 inquiries on his listing in about two months, but 40 dropped interest after learning about the location.
“In follow-up with the inquiries, the number one reason for not having genuine interest in this property is because of the proximity of the wind towers.”
Also filed under [
Wyoming]
Panel calls for giving property owners a stake in wind farms
August 15, 2010 by Thomas Content in The Journal Sentinel
August 15, 2010 by Thomas Content in The Journal Sentinel
A task force is recommending that wind farm developers in Wisconsin offer to make payments to homeowners who live near the projects.
That recommendation is among the proposals forwarded to the state Public Service Commission by a wind turbine site advisory council that has been meeting since March.
Also filed under [
Wisconsin]
Study outlines wind turbine concerns Dr. Pierpont: 14% of residential dwellings will be adversely affected
July 9, 2010 by Matt McAllister in The Journal
July 9, 2010 by Matt McAllister in The Journal
The author of "Wind Turbine Syndrome: a Report on a Natural Experiment" told the Hammond Wind Committee on Monday that 14 percent of the town's residential dwellings will be adversely affected if the entire wind overlay zone is filled with wind turbines.
The attorney representing two Oakfield residents in a case against Chicago-based Invenergy LLC wants the results of a sheriff's sale this week. ...The property, appraised at $320,000 in 2007, sold to the Bank of New York Mellon at a sheriff's sale Tuesday for $106,740.
Also filed under [
Wisconsin]
Residents say proposed substation threatens rural lifestyle
September 10, 2009 by Anne Krueger in San Diego Union-Tribune
September 10, 2009 by Anne Krueger in San Diego Union-Tribune
Boulevard residents are upset about a proposed electric substation despite promises by San Diego Gas & Electric Co. officials that it will provide more reliable electricity for the backcountry.
A 58-acre substation to be built near Jacumba would take electricity from wind projects in East County and northern Baja California and put it onto the Southwest Powerlink, a power-transmission line that runs along the U.S.-Mexico border.
Also filed under [
California]
A couple from West Prince has proof from the government their property has dropped in value since wind turbines were put up near their home. ...Beverly Howard told CBC News Monday there are now five new turbines within sight of their home, the closest about 500 metres away.
"If you're sitting out on your deck, they're noisy, if you're out gardening they're noisy," she said.
Also filed under [
Canada]
Turbines making a big difference to land values in Gippsland
November 12, 2008 by Marius Cuming in Stock Journal
November 12, 2008 by Marius Cuming in Stock Journal
John Jess has been valuing properties in Gippsland, Vic, since 1982 and says wind turbines are having a significant impact on values for both farmland and residential property.
Having conducted valuations for a panel hearing on proposed wind farms, Mr Jess said farming properties appear to drop 10-15 pc near turbines.
There is stronger evidence to suggest rural-residential values drop by 30-40pc near win turbines.
Also filed under [
Australia / New Zealand]
Developers balking at proposed Woodbury wind turbine
September 24, 2008 by Bob Shaw in Pioneer Press
September 24, 2008 by Bob Shaw in Pioneer Press
What's "green," 18 stories tall and trashes property values?
A wind turbine next to the new East Ridge High School in Woodbury - according to developers.
Plans for a wind turbine roughly 200 feet tall hit a snag last week when developers balked at the idea of building houses nearby. They said buyers of high-end homes would be spooked by the noise and visual distraction of huge whirling fan blades.
City officials are taking the threat seriously.
Also filed under [
Impact on Landscape|
Minnesota]
Homeowners living near windfarms see property values plummet
July 26, 2008 by Nigel Bunyan and Martin Beckford in Telegraph.co.uk
July 26, 2008 by Nigel Bunyan and Martin Beckford in Telegraph.co.uk
Thousands of homeowners may see the value of their properties plummet after a court ruled that living near a wind farm decreases house prices.
In a landmark case, Jane Davis was told she will get a discount on her council tax because her £170,000 home had been rendered worthless by a turbine 1,000 yards away.
The ruling is effectively an official admission that wind farms, which are accused of spoiling countryside views and producing a deafening roar, have a negative effect on house prices.
Also filed under [
UK]
The people affected by a future wind farm in Tazewell and Logan counties had a chance Tuesday night to meet employees of Horizon Wind Energy and ask tough questions about the giant turbines going up in their backyards.
The small, serious crowd of visitors to the Emden Community Center's basement brought to the meeting a mix of optimism and skepticism.
Horizon Wind Energy, which already has a wind farm in McLean County, is planning to build another wind farm that will stretch from Emden in Logan County to Delavan in Tazewell County.
"I don't like it. It ain't gonna be win-win for me," said Gene Aper.
Aper's home is going to be surrounded by wind turbines. Aper said he has talked to real estate agents who told him that his property value will go down 10 to 20 percent because of the nine wind turbines that will be visible from his front door.
Part II: Borough Council VP Bill Latchford’s Q&A about Gamesa’s proposed wind farm on Ice Mountain
December 14, 2007 by Kris Yaniello in Tyrone PA
December 14, 2007 by Kris Yaniello in Tyrone PA
Do you think wind mill development can effect property values?
For anyone to say that property values aren’t hurt by this is wrong. I went to a house where six of these wind mills were facing down on me. The house is 2,000 feet away and you can plainly see them in front of you as if it’s right there, that’s how close they feel. They are gigantic devices and I have to say I am amazed by them, but would I want to look at them that close to me? No I wouldn’t. The people in Tyrone that will be affected by our proposed wind farm are the people who live on top of Decker Hollow Road, by the old apple orchard. Those people will see and hear the wind mills. I’m going Saturday on top of Decker Hollow Road and look to see the mountain they will be on and try to imagine what it will be like.
Klundert said many home builders strive for energy efficiency in their projects and are generally supportive of wind energy as a green technology.
However, 100-metre-high wind turbines aren't going to enhance home sales if located too close to planned residential areas, he said.
Wind turbines are probably comparable to hydro transmission towers in terms of negative impacts on nearby property values, he said, although wind turbines are two to three times higher than hydro towers. ...Ray Duhamel, of Jones Consulting Group of Oakville, said the draft planning policies in the county for wind energy provide a one-kilometre buffer between existing "settlement areas" and wind turbines. Klundert wondered if one kilometre would be enough to accommodate future growth and still have a reasonable buffer for homeowners worried about property values.