Articles filed under Property Values from USA

Logan County faces quandary in urbanization of farm, ranch land

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.
26 Jun 2020

Ford County Board intends to protect property values around wind farms

The board’s five-member zoning committee drafted a proposed revision to the county’s ordinance regulating wind farms last Friday in order to protect the value of non-participating landowners’ property. Under the proposal, before a special-use permit is issued for a wind farm, the owner/operator of the wind farm must guarantee to pay the difference if any non-participating property within two miles of the wind farm ends up being sold for less than its fair cash value or assessed value.
5 Feb 2019

Property and wind turbines: A missing point in the discussion

A landowner has the right to install a wind turbine or anything else on his property but he has the responsibility to make sure it doesn’t harm his neighbors. Scientific studies suggest that low-frequency noise from wind turbines, for example, may make people sick ...If that turns out to be true, the landowner should be forced to take steps to prevent such harm, 
7 Jul 2017

Clarkson study: Henderson could lose $40 million in property value from Galloo Island wind project

Because Henderson wouldn’t receive any tax benefits from the wind project, its impact would be largely negative — especially for the value of waterfront properties. The analysis of property values in Henderson was based on a review of the impacts of the Wolfe Island Wind Farm on properties in Jefferson County, ...Based on the sale of 26 properties in Jefferson County with a view of the turbines on Wolfe Island, the analysis found that the value of the properties depreciated by about 15 percent after the wind farm became operational in 2009.
5 Apr 2016

Wind farm and property values: continued

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.
7 Mar 2016

Apex's land value impact claims are deceiving

In Apex’s glossy brochure, the Wyoming County property that’s listed as having sold for $245,000 happens to have been mine. Apex conveniently left out the most important facts about the property: It was a 93-acre farm, sold for $245,000 on June 11, 2013, prior to completion of the 58-turbine Orangeville wind factory that was being constructed. The new owner subsequently broke up the property into three parcels ...The combined assessed value of the three parcels is now $205,000. That’s a $40,000 or nearly 20 percent loss of value after the Orangeville wind factory was built.
15 Oct 2015

WIND TURBINES: Do property values fall? It depends on who you ask

One of the concerns cited by homeowners is a sharp drop in home values that is caused by the aesthetics, noise pollution and related health effects. Neighbors reference instances where families have abandoned their homes after years of being unable to sell but the developers, Swanton Wind, points to academic and government studies reporting there is no evidence that wind farms damage home values.
17 Aug 2015

http://www.windaction.org/posts?location=USA&topic=Property+Values&type=Article
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