Yesterday the Lawrence Berkeley National Laboratory released a new report: "The Impact of Wind Power Projects on Residential Property Values in the United States: A Multi-Site Hedonic Analysis." The full report is available for download at http://eetd.lbl.gov/ea/ems/re-pubs.html - and associative Power Point presentation is available for download at http://eetd.lbl.gov/ea/ems/emp-ppt.html.
With a view toward addressing community concerns regarding the growth of the U.S. wind industry, the report authors and researchers collected data on approximately 7,500 homes sales within 10 miles of 24 existing wind facilities in 9 states. Using 8 different hedonic pricing models, as well as repeat sales and sales volume models, the research determined that statistically there is no widespread negative impact on the sales of residential properties that are located near wind facilities. Please review the full report for a complete analysis and summation.
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