Don’t wind farms cause house prices to fall?
A planning application for a wind farm can affect local house prices, but the negative impact diminishes as time goes on. Some 60% of chartered surveyors with experience of house transactions near to wind farms report that they have had an adverse effect on prices, according to the Royal Institute of Chartered Surveyors. But prices generally begin to recover, after the wind farm has been up and running for two years, according to the study. This suggests that wind farms become more accepted as communities get used to them.