Wednesday, August 28, 2013

Wind turbines do not have a negative effect on property value of nearby homes in US

A study recently released in August 2013 by Ernest Orlando Lawrence Berkeley National Laboratory collected data from more than 50,000 home sales among 27 counties in nine states in the US. The homes were within 10 miles of 67 different wind facilities, and 1,198 sales were within 1 mile of a turbine - many more than previous studies have collected. The data span the periods well before announcement of the wind facilities to well after their construction.

The study was conclusive and found no statistical evidence that home values near turbines were affected in the post-construction or post-announcement/pre-construction periods.

It is expected the Lawrence Berkeley study will prove to be useful evidence in ongoing litigation between homeowners and wind farm developers in Canada and the US.

The full report is available at: http://emp.lbl.gov/sites/all/files/lbnl-6362e.pdf

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