Do wind turbines affect property values?
A survey of property assessors in the UK found that a nearby wind power facility lowers property values by up to 15% a year for two years, after which the effect starts to level out. In the US, neighboring residences are often bought by the wind power company, which then rents them to people who agree not complain about the noises and vibration. In the discussion of property values, it must be remembered that in most places they generally increase steadily. So any slowing down of that normal rise because of the construction of wind power facilities is in fact a loss of value. Common sense says that given two otherwise identical properties, the one that is not next to an industrial wind power facility or whose view does not include such a facility is likely to be considered more valuable. For more on this issue, please see the article above.
