The people of Kewaunee County learned their lessons the hard way.
Library filed under General from Wisconsin
In my opinion as a realtor and architect, the true asset in Monroe County is to develop a recreational industry. With its location close to Madison, Milwaukee, Chicago, Wisconsin Dells, and the Mississippi River, and with the beautiful bluffs, ridges, and picturesque valleys inhabited by Amish settlements, this area has the potential to attract weekend tourists and vacationers, bringing business and employment to thousands of county residents and enterprises. This potential will be lost by the construction of wind turbines, which will pollute the landscape with towers and power lines.
Riffle called it a "handshake agreement" and said that no documents exist detailing the settlement amount
Sue Sliwinski took a 9 day, 3000 mile trip visiting 7 wind farms across several states. Here's her report.
Q. Even considering all of those factors or weaknesses, what is your conclusion regarding the impact on residential property values from the proposed project? A. Under certain circumstances as described in my report, the negative impact may be similar. Also, in significant view loss situations, as described in my report, I would conclude that, within a reasonable degree of professional certainty, land values may be negatively impacted 17% - 20%. Editor's Note: Mr. Zarem argues that the appropriate methodology for estimating the 'view' impact of industrial wind turbines on property values is 'paired data analysis'- defined in the The Dictionary of Real Estate Appraisal as: “A quantitative technique used to identify and measure adjustments to the sale prices or rents of comparable properties; to apply this technique, sales or rental data on nearly identical properties are analyzed to isolate a single characteristic’s effect on value or rent.” In the absence of relevant view/turbine data, he derived an alternative paired data analysis for determining view impacts on property values due to wind turbines from Transmission Line view impacts on the prices of single-family residential lots in subdivisions...as...sufficient paired data isolating the effects of view loss due to Transmission Lines exist in the marketplace to reach reasonable conclusions as to market tendencies. This data isolates impacts due to view loss associated with Transmission Lines.
Editor's Note This is essentially a 'how to' guide for wind energy developers based on issues and problems encountered prior to July 2004.