Her days of enjoying that uncluttered natural view became numbered, however, on March Secretary of the Interior Ken Salazar approved the turbines. One recent case study was conducted by Ben Lansink, a real estate appraiser based in Ontario, Canada. His study focused on the turbine Melanchthon Wind Facility, 67 miles from Toronto — nearly the same distance as Searchlight is to Las Vegas. Lansink reported that homes within two miles of the wind turbines sold for an average of 38 percent less than homes further away from the turbines. The question becomes: How much?
Wind farms drop property values | Wind Energy News
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Lansink Appraisals and Consulting
Many other homes and businesses in Allegany, Olean and Carrollton, including St. The Allegany Town Board members have been apprised of the concerns of property owners surrounding the wind energy facility. However, studies in Wisconsin and Ontario, Canada, show alarming drops in the value of residential real property near turbines.
Wind energy development and perceived real estate values in Ontario, Canada[J]. AIMS Energy, , 2 4 : Article views PDF downloads Cited by 9.