An analysis of more than 50,000 home sales near 67 wind farms in nine states found no evidence that the big electricity-generating turbines have an impact on home prices.  The report, by researchers at the Lawrence Berkeley National Laboratory, builds on work published in 2009, updating it with data on 2012 sales.

The National Association of Realtors has produced a “Field Guide to Wind Farms and Their Effect on Property Values,” that links to the 2009 version of the Lawrence Berkeley National Laboratory report and other research.

“As wind farms spread, local opposition to the massive towers (some are more than 400 feet tall) is appearing and is beginning to impact state regulation,” the trade group notes. “Residents not only oppose the turbines for aesthetic reasons, they also worry how wind farms will impact property values.”

Fast Company notes that the American Tradition Institute —  a think tank that questions global warming and the environmental impact of nonrenewable energy sources like coal — had proposed in an internal memo publicizing potential impacts to property values as part of a broader strategy to oppose wind farms.

“Time to abandon your NIMBYism: Your backyard is a totally fine place for wind power,” Fast Company’s Co.Exist blog opines. The report was also covered by the Los Angeles Times, Denver Post, Salon, UPI and KCET.org. Source: fastcoexist.com.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Prepare for this fall with top agents & brokers at Connect Now this Tuesday.GET YOUR TICKET×
Limited time: Get 30 days of Inman Select for $5.SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription