New Report Finds No Relationship Between Property Values and Wind
A new study (Jan 2014) on the relationship between residential property values and wind development by researchers at the Lawrence Berkeley National Laboratory and University of Connecticut has just been reported. The study examined more than 122,000 home sales near 26 wind facilities (with over 1,500 within one mile of operating turbines) in Massachusetts, yet was unable to uncover any impacts to property values.
“This is the third of three major studies we have conducted on this topic [the first was published in 2009, and the second last August], and in all studies [using three different datasets] we find no statistical evidence that operating wind turbines have had any measureable impact on home sales prices,” says Ben Hoen, the co-author of the new report.
A webinar is being offered by the authors on January 22, 2014 at 9:30 am PST, 12:30 pm EST. For the report and to register for the webinar go here. For a bit more from the authors click here.