National lab reiterates: Wind power doesn't affect property values
“This is the second of two major studies we have conducted on this topic [the first was published in 2009 – download the 2009 LBNL Report], and in both studies [using two different datasets] we find no statistical evidence that operating wind turbines have had any measureable impact on home sales prices,” says Ben Hoen, the lead author of the new report.
Mr. Hoen is a researcher in the Environmental Energy Technologies Division of Berkeley Lab.
This study, the most comprehensive to-date, builds on both the previous Berkeley Lab study as well a number of other academic and published U.S. studies, which also generally find no measureable impacts near operating turbines.
“Although there have been claims of significant property value impacts near operating wind turbines that regularly surface in the press or in local communities, strong evidence to support those claims has failed to materialize in all of the major U.S. studies conducted thus far," says Mr. Hoen. “Moreover, our findings comport with the large set of studies that have investigated other potentially similar disamenities, such as high voltage transmission lines, land fills, and noisy roads, which suggest that widespread impacts from wind turbines would be either relatively small or nonexistent.”
The report was authored by Ben Hoen (Berkeley Lab), Jason P. Brown (formerly USDA, now Federal Reserve Bank of Kansas City), Thomas Jackson (Texas A & M and Real Property Analytics), Ryan Wiser (Berkeley Lab), Mark Thayer (UC San Diego) and Peter Cappers (Berkeley Lab). The research was supported by the U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy.
Download the report “A Spatial Hedonic Analysis of the Effects of Wind Energy Facilities on Surrounding Property Values in the United States”
Illinois study positive on property values, October 24, 2010
Scratch another complaint about wind off the list, December 2, 2009