NewEnergyNews More: NEW STUDY VERIFIES WIND DOES NO HARM TO HOME VALUES

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  • Monday, January 13, 2014

    NEW STUDY VERIFIES WIND DOES NO HARM TO HOME VALUES

    Study: Like In The Country, Wind Turbines Don't Hurt Urban Home Values

    Brian Dowling, January 11, 2014 (Hartford Courant)

    “Researchers have found no evidence that wind turbines hurt home values, in a new study referred to as the first review of impacts on home sales in urban and suburban neighborhoods…[ Relationship between Wind Turbines and Residential Property Values in Massachusetts] by researchers at UConn and the Lawrence Berkeley National Laboratory in California, examined 122,000 home sales in Massachusetts over 14 years that were within five miles of wind turbines, the largest and most comprehensive dataset examined on the subject…After controlling for a number of other variables that could sway the sales price, the researchers found a statistically insignificant 0.5 percent increase in the home values. The study also said homes near turbines were being put up for sale and sold about as often as they were in other areas…” click here for more

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