--- Effects on Property Values ---

Introduction

While the use of wind energy and other alternative energy sources continues to grow, there are still debates going on. Although wind energy is a clean technology, some people have negative perceptions of wind turbines for a variety of reasons. Some arguments against wind turbines include aesthetic issues, potential health impacts, safety issues, and impacts to wildlife. It is a concern that with all of these negative connotations associated with wind turbines, property values in the vicinity or view shed of wind farms will be negatively impacted. There is little research on this issue and the research that has been done generates varying conclusions. The following articles explain some of the research done on the correlation between wind turbines and property values.

I. Values in the Wind: A Hedonic Analysis of Wind Power Facilities

II. The Effect of Wind Development on Local Property Values

III. The Impact of Wind Power Projects on Residential Property Values in the United States: A Multi-Site Hedonic Analysis