Property Values Blown Away?
By Timlynn Babitsky
Do wind power farms, or even single wind energy turbines negatively impact the property values nearby? This controversial issue has people passionately lined up on both sides armed with anecdotal data and serious research results. The most often cited paper comes from a US study in 2003; it claims no negative impact. A second surely to be well cited study conducted in the UK in 2007 shows that property values near wind farms appeared to be negatively impacted. Wind project resistors will no doubt point to the UK study. Which is correct? (more…)