New Report Examines Relationship between Wind Turbines and Residential Property Values in Massachusetts
Lawrence Berkeley National Laboratory (LBNL) and the University of Connecticut published a new report, Relationship between Wind Turbines and Residential Property Values in Massachusetts, which investigates the impacts of wind facilities on nearby home values in Massachusetts. It builds on LBNL's previous studies published in 2009 and 2013 by amassing a much larger dataset of home sales near wind facilities sited in urban environments than had previously been collected. Researchers at LBNL and the University of Connecticut analyzed more than 122,000 home sales near 26 wind facilities in densely populated Massachusetts, finding no statistical evidence of an impact to property values.
For more information about wind projects and property values, see the 2013 LBNL report A Spatial Hedonic Analysis of the Effects of Wind Energy Facilities on Surrounding Property Values in the United States and the 2009 LBNL report The Impact of Wind Power Projects on Residential Property Values in the United States: A Multi-Site Hedonic Analysis.
This information was last updated on 1/12/2014