Michigan Wind Adds To Property Values

Property values surge in Michigan counties with wind energy – but why?

Andy Balaskovitz, April 5, 2017 (Midwest Energy News)

“Agricultural land was the only property type in Michigan to have increased in overall value since 2008 and through the Great Recession…[and areas that had] significant wind energy development…[also had] some of the greatest property value increases…While the reasons for those increases are complex, some energy analysts and researchers are quick to suggest that the correlation with wind farms may not be coincidental…[In 2014, lease payments to Michigan landowners for wind turbines totaled $4.6 million and the four counties that hosted the most wind turbines in 2014-2015] saw more than $45 million directed to communities in those areas…[Farms] with turbines on their property invested twice as much in their farms in the last five years than neighboring landowners without turbines…” click here for more

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