Library filed under Property Values from USA

Testimony of Michael McCann on property value impacts in Adams County IL

Mccann_appraisal__llc_written_testimony_re_setbacks___property_values_june_8_2010_thumb Certified appraiser Michael S. McCann submitted this testimony to the Adams County Board, Adams County Illinois in reference the impact of industrial scale wind energy development on residential property. Mr. McCann's testimony provides a detailed explanation of the impacts he has found and his recommendations to avoid harm to adjacent property when siting projects. An excerpt of his testimony is provided below. The full testimony can be accessed via the link at the bottom of this page.
8 Jun 2010

Property values blowing in the wind

Sales records show that Cape Vincent has had a steeper decline in residential property sales than its neighbors and real estate professionals are starting to blame proposed wind power developments. "People do not want to buy near windmills," said Amanda J. Miller, owner of Lake Ontario Realty, Dexter, who specializes in waterfront property sales. "They avoid purchasing in towns like Cape Vincent."
7 Apr 2010

Wind farms, residential property values, and rubber rulers

Wind_farms_residential_property_values_and_rubber_rulers_thumb Real estate appraisal experts are challenging the scientific credibility and accuracy of a recent US Department of Energy ('DOE') report on the effect of wind power projects on property values. Albert R. Wilson's new paper asserts that well known flaws in the methodology used in the study raise serious questions concerning the credibility of the results, and the DOE report's authors failed to follow well-developed and tested standards for performing regression analyses on property sales. His paper can be accessed by clicking on the links at the bottom of this page.
16 Feb 2010

Kulongoski, Oregon lawmakers seek to scale back energy tax credits

Big wind energy projects no longer need state incentives, Gov. Ted Kulongoski said today, as lawmakers explored a plan to rein in the soaring costs of Oregon's tax breaks for green energy. At a meeting with newspaper editors from across the state, Kulongoski said the $11 million in state tax credits routinely given to 10 megawatt-plus wind farms has "run its course."
4 Feb 2010

Turbine zoning laws should protect local property values

There have been numerous papers written recently concerning the question of whether property values are affected by nearby wind farms. It's not a great leap of faith to realize that major structures close to residences like electrical transmission towers, highways, train tracks and wind turbines all affect the market value of our homes.
4 Jan 2010

Turbine impact studies conflict; Local opponents say wind farms harmful

Opponents of wind farm development in Jefferson County have touted property value decline as a possible harm. But that argument, or any counterclaim, is getting little support from experts. Two studies on property values around wind farms were released in 2009, but had very different results. The U.S. Department of Energy's Lawrence Berkeley National Laboratory supported a study that found no measurable value loss linked to wind farms in sales data.
27 Dec 2009

Voices of Vinalhaven, Maine Part 1 of 2

On December 19, WERU 89.9 FM radio conducted a lengthy interview with residents living near the Fox Island Wind Farm located in Vinalhaven, Maine, an island community about 12 miles off the coastline. The wind facility, consisting of 3 GE 1.5 MW wind turbines, was commissioned on November 17, 2009. This video (part 1 of 2) was compiled using excerpts of the interview. Those speaking are describing their experience of living with turbine noise. The images appearing in this video are not from Vinalhaven, however, they are actual photos of other locations in North America where towers were sited very close to homes. The entire interview can be heard at WERU 89.9 FM . Duration: 9 minutes 37 seconds View Part 2: Duration: 8 minutes 32 seconds
26 Dec 2009

Voices of Vinalhaven, Maine Part 2 of 2

On December 19, WERU 89.9 FM radio conducted a lengthy interview with residents living near the Fox Island Wind Farm located in Vinalhaven, Maine, an island community about 12 miles off the coastline. The wind facility, consisting of 3 GE 1.5 MW wind turbines, was commissioned on November 17, 2009. This video (part 2 of 2) was compiled using excerpts of the interview. Those speaking are describing their experience of living with turbine noise. The images appearing in this video are not from Vinalhaven, however, they are actual photos of other locations in North America where towers were sited very close to homes. The entire interview can be heard at WERU 89.9 FM . Duration: 8 minutes 32 seconds View Part 1: Duration 9 minutes 37 seconds
26 Dec 2009

McCann Appraisal LLC: comments regarding LBNL/Hoen study on property values

Mccann_appraisal_llc_review_of_lbnl_wind_farm_property_val._thumb Michael S. McCann CRA was one of about 20 invited reviewers to provide comments to Ben Hoen, Ryan Wiser et.al. in reference to the LBNL study which evaluated wind farm impacts on residential property values. Mr. McCann's comments on the preliminary and final releases of the LBNL study can be accessed by selecting the links at the bottom of this page. An excerpt of Mr. McCann's comments is shown below taken from his most recent comments to Hoen/Wiser on the final study report released in December 2009. Windaction.org wishes to thank Mr. McCann for permitting us to post his documents here.
14 Dec 2009

Study: Wind farms do not damage value of neighboring property; Some question report’s authenticity

Wind energy facilities do not have a widespread adverse effect on the property values of nearby homes, according to a new report funded by the U.S. Department of Energy (DOE). ...But some, including the Industrial Wind Action Group, have questioned the study's integrity. The Industrial Wind Action Group posted a response on its website, www.windaction.org , stating the group feels there are flaws in the study's methodology that render the results meaningless.
8 Dec 2009

Study: Wind farms have no effect on property value

Researchers at the U.S. Department of Energy's Lawrence Berkeley National Laboratory spent three years examining nearly 7,500 sales of homes in 10 communities near two dozen wind energy plants in nine states. They found no evidence home prices were affected by the view or the distance between the home and the wind farm. ...Lisa Linowes, executive director of the advocacy organization called Industrial Wind Action Group, said the researchers used flawed methodology which lead to "meaningless conclusions."
2 Dec 2009

Landowners say turbines have hurt their property values

In the years since the Forward Wind Energy Center came on line, "For Sale" signs have popped up all over Gerry Meyer's rural neighborhood in the town of Byron. ...Meyer is convinced that the aesthetically displeasing look of the 400-foot turbines and subsequent ill effects experienced by nearby residents from the noise, vibration and light-flicker has caused housing values to plummet.
20 Sep 2009

Critics say wind turbines hurt land values

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.
11 Sep 2009

Comments to Hoen/Wiser regarding property value study

Iwacomments090911_thumb Ben Hoen, Dr. Ryan Wiser, and others conducted a national study to determine the impact of industrial-scale wind turbines on nearby property values. The preliminary conclusions of the report were announced in 2007, however, no report has been released. Windaction.org had an opportunity to review the study's methodology and provide comments to Hoen and Wiser. Our comments can be accessed by downloading the file at the bottom of this page.
11 Sep 2009

Residents say proposed substation threatens rural lifestyle

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.
10 Sep 2009

Nuns decide to pass on Ridgeville property; Cite possibility of wind turbines for decision

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.
6 Aug 2009

Town's aggressive push for wind harming Cape Vincent

The town supervisor talks of how the record shows, where there is municipal water service, the building of homes will follow. What he fails to mention is that where there is the possibility of an industrial wind park that the "for sale" signs start to show up in the area as one can plainly see when driving through the village of Cape Vincent, including the one on Mr. Rienbeck's house which has been for sale for well over a year.
17 Jun 2009

Proximity to turbines leads to lower assessments, then higher taxes

My house and land is in Prattsburgh, across from turbine sites for the Ecogen wind project, and my wife owns adjacent property in Naples, Ontario County. I've heard some people say "what's happening in the hills with the wind turbines won't affect me." What these folks may not yet realize is that, if these turbines are allowed to damage the value of adjacent properties, their taxes will go up. And the first step in this one-two process has just started.
12 Jun 2009

Protect property rights in siting of turbines

The state of Massachusetts through the Green Communities Act is about to set standards for responsible development of land-based commercial wind turbines. The current standards for setbacks are the least protective in the world. Many of the communities south of Boston have seen concerned citizens' groups spring up in protest of the placement of commercial wind turbines too close to residential property.
23 May 2009

https://www.windaction.org/posts?location=USA&p=6&topic=Property+Values
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