The county already is bound to protect farmers’ and ranchers’ property rights.There are others, however, who see tighter land use regulations as a way of protecting their property rights. That was made clear when NextEra Energy’s Niyol Wind Farm near Fleming ran into serious opposition from landowners in the area who saw the wind farm as damaging their property values.

Impact on People Property Values Colorado

McCann said he was hired to appraise a house in June 2011 in Mason County, Michigan, where representatives from the Lake Winds Energy Farm Project had been negotiating leases with property owners; however, they had not yet applied for permits with the county. ...A 476-foot turbine was built 1,139 feet from the residence, and the 56-turbine Lake Winds Energy Farm Project became fully operational in November 2012, McCann said. “After three years on the market and several price drops, this house ended up being sold for 40 percent of what it was originally worth,” he said.

Property Values Colorado

When J.T. bought his property in Calhan 16 years ago, he considered it a permanent move. In 2013, J.T. had his property appraised, so he could refinance it. The house appraised for $235,000, he said. The house today is appraised at $194,000, with no viable reasons for the decrease, except for one: the wind farm.

Impact on People Property Values Colorado