A wind farm in Ontario

Another report has put lie to the belief that wind turbines have an adverse effect on property prices.

The Canadian study, published in the Canadian Journal of Agricultural Economics, analysed more than 7000 home and farm sales in a regional area in Ontaria, home to one of the largest wind farms in the province.

The researchers created six models accounting for the impact on property values of proximity to the wind farm development and turbine visibility, as well as a combination of these two factors.

In every case, they found wind farms had “no statistically significant effect” on property values. The researchers had expected to find a negative correlation, especially for residential properties.

“This may help address the controversy that exists in Ontario regarding the impact of wind turbines on property values,” lead researcher Professor Richard Vyn said.

Professor Vyn said he was motivated to conduct the research following strong public opposition to wind farm development in the region.

“It’s been in the news for a while now, and it seems to be generating more and more concerns among local residents,” he said. “I wanted to see whether the stories people are telling and the concerns that they are expressing show up in the sales data.

“Our results do not corroborate concerns raised by residents regarding potential negative impacts of turbines on property values.”

The study, however, only focused on homes and farms as groups only.

“It does not preclude that there may be some impacts on individual properties,” Professor Vyn said.

The results, though, do back up a 2013 Lawrence Berkeley National Laboratory study that found no evidence of impacts to sale price from wind turbines after looking at more than 50,000 home sales near 67 wind farms across nine US states.

2 replies on “Study: wind turbines do not affect property price… still”

  1. This study has neglected one vital and important fact. It did NOT take into account those properties that have been abandoned by the owners or simply taken off the market because they could not get one single offer from anyone, due to the proximity of IWT’s.

    You don’t have to be a genius to know this article is pure wind industry propaganda and nonsense. Anyone with even the slightest degree of intelligence can think this one out for themselves.

    Take two identical properties for sale in the country. Identical in every way. Same amount of land. Same floor plan, etc. Property A has an unspoiled view of the surrounding countryside….nature in all of it’s majestic glory.

    Property B is surrounded on all sides by 500 to 600 foot tall industrial machines with spinning blades the size of a 747. No matter which window you look out of, you see these machines and along with them comes the noise (much worse at night when the air is damper and holds the sound lower to the ground), the shadow flicker, the ground vibrations, and the infrasound (which you can’t audibly hear). And let’s not forget the ice throw from the blades in the winter time.

    Which one is going to sell first? Which one is most likely to get the owners a price close or equal to what they were asking? Anyone who states that the price for Property B would not be affected is a flat out liar.

    1. You forgot the “forge ice throw” but again you are wrong and are NOT “a genius” and do NOT have “even the slightest degree of intelligence”
      From the Fifth Estate:

      “29 August 2013 — A study from Lawrence Berkeley National Laboratory has found no evidence of wind turbines affecting property prices.

      Analysing more than 50,000 home sales near 67 wind farms across nine US states, it found no evidence of impacts to sale price from the turbines.

      Berkeley Lab said the study, A Spatial Hedonic Analysis of the Effects of Wind Energy Facilities on Surrounding Property Values in the United States, was the most comprehensive to date, using a number of sophisticated techniques to control for other potential impacts on house price, including collecting data from before the wind facilities’ development announcement to post-construction and operation.

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