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Wind turbines may be ugly, but they don’t damage property values

Oil executive Harold Hamm may fear that wind turbines are haunting Oklahoma, but the only thing they're actually harming is his psyche. Well, that and a few birds.

Data taken from across the U.S., in fact, show that wind turbines aren't enough of an eyesore to lessen the value of surrounding homes. From ThinkProgress:

The study, published by the Lawrence Berkeley National Laboratory, looked at more than 50,000 home sales near 67 wind farms in nine states. The homes were all within 10 miles of the wind facilities — about 1,100 homes were within 1 mile, with 331 within half a mile. Researchers found no statistical evidence that wind turbines negatively affected property values — neither before nor after the turbines were constructed. The data confirm what some previous studies have found: neither the announcement of a wind farm (and any subsequent debate) nor the construction of a wind farm itself causes nearby home values to decline.

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The study is the second the LBNL has published on the subject — the first, in 2009, analyzed 7,500 home sales located within 10 miles of 24 existing wind projects. It looked at three major areas of concern with wind farms and property values: nuisance stigma, which is the concern that the sound and shadow of a turbine could affect property values; scenic vista stigma, which is the concern that turbines would disrupt otherwise natural views from homeowners’ windows, and area stigma, which is the concern that the area around the home will look more developed with the addition of a wind farm. The 2009 study found that these concerns didn’t significantly affect home values.

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