YOU MUST WATCH THIS! Appraiser Mike McCann lectures on home values impacted by wind turbines.
You can click on the Full Screen icon in the lower right so the slides will
be easier to read.
YOUR PROPERTY VALUES
There are a few studies claiming no negative impact on property values. They are mostly wind industry sponsored or draw on data from such studies. They mostly sample home prices
within a 10 - 50 mile radius of turbines. Two such studies can be found on the
BRSA's website. We believe the large distances obscure the effect on homes within 2 miles of a turbine.
Below are a number of articles that take a contrary view, stating that there is a significant negative impact on home prices.
We think this is common sense and folks within a couple of miles will lose tens
of thousands of dollars in equity. Some homes close by may become
unsaleable.
Essential Reading: Several testimonies by appraiser Michael McCann on property value
impacts
1) Adams County, IL
2)
Brewster, MA
3) Cape Vincent, NY
2011
study Values in the Wind: A Hedonic Analysis of Wind Power Facilities by
Clarkson economics professor, Dr. Martin Heintzelman
http://www.ens.dk/en-us/supply/renewable-energy/windpower/onshore-wind-power/loss-of-value-to-real-property/sider/forside.aspx
Denmark's public policy regarding loss of value to real property due to wind turbines: "An erector of a wind turbine has a duty to pay compensation for loss of value..."
http://www.chronicle-express.com/news/x806169421/A-new-slant-on-wind-farms
"Property value declines from 20 to 43 percent can be expected in parcels within two miles of turbine
sites."
http://news.wra.org/story.asp?a=1361
Wisconsin Real Estate Magazine: New Wind Farm Regulations Could Decrease Property Values
http://www.wind-watch.org/ww-propertyvalues.php
"Do Wind Projects Adversely Affect Proximate Residential Property Values?" A compilation of property value articles from John Droz.
http://www.wind-watch.org/documents/ben-hoen-on-need-for-property-value-guarantee/
Ben Hoen is the main author of the Berkeley Lab study that the BRSA touts to try
to prove there's no impact on property values. Here, Mr. Hoen acknowledges that homeowners
living close to turbines should be compensated. It blows a big hole in the BRSA's claim.
http://amherstislandwindinfo.com/hoen-critique.pdf
A critique of the BRSA's referenced Berkeley National Lab study denying any
negative impact on property values - this is a serious read with several embedded links to further
its point. Simple common sense also dictates that the Berkeley study is
flawed.
http://www.windaction.org/documents/24178
Comments to Hoen/Wiser's Lawrence Berkeley National Laboratory study regarding property values
http://www.wind-watch.org/news/2010/09/22/properties-virtually-unmarketable/
A survey by a local realtor may have confirmed the worst suspicions of Stan Mundy, whose home is closest to Chevron’s wind farm northeast of Casper.
http://www.jsonline.com/business/59088607.html
Critics say wind turbines hurt land values.
http://www.newmexicocare.org/2pages/propvals.html
Michigan Wind Working Group - Impact of Wind Turbines on Property Values
http://www.watertowndailytimes.com/article/20100407/NEWS03/304079990
Property values blowing in the wind.
http://mountainridgeprotectionact.com/property-rights-and-eminent-domain/property-values-decrease-by-40-if-view-of-wind-turbines/
Property Values decrease by 40% if view of wind turbines!
http://www.windaction.org/news/23212
Landowners say turbines have hurt their property values.
http://www.wakefieldexpress.co.uk/news/Wind-turbine-homes-threat.4577902.jp
A proposed 120-metre wind turbine would knock 50 per cent off the value of thousands of nearby homes.
http://dailyreporter.com/blog/2010/05/06/wind-farm-property-sells-at-sheriffs-sale/
Wind farm property sells at sheriff’s sale.
http://www.thumbpower.net/index.htm
Huron County, Michigan map of proposed wind farms. Imagine if this was Monmouth or Ocean Counties. It could happen if we don't stop it now.
http://www.windaction.org/documents/25681
Wind Farms, Residential Property Values and Rubber Rulers - This is a summary, there's a link to the full article at the bottom.
http://www.windaction.org/documents/16735
This agreement was drafted by attorneys in Illinois. If adopted as a condition of approving a wind energy facility, the agreement would guarantee property value protections. The BRSA will do this when hell freezes over.
http://windfarms.wordpress.com/2007/10/14/wind-turbines-and-property-value-real-life-experience/
Among those terms and conditions of the property site were...3) It not be near “windmills."
http://bewarenywind.blogspot.com/2009/10/wind-farms-lower-property-values-read.html
Wind Turbine Impact Study - Author: Appraisal Group One
http://www.telegraph.co.uk/property/propertyadvice/propertymarket/3321935/An-ill-wind-blowing.html
Wind farms are a wonderful source of renewable energy. But have you tried living near one? As Ross Clark reports, they can seriously damage the value of your house
http://www.telegraph.co.uk/property/propertyadvice/propertymarket/3336030/Giant-blades-are-slicing-prices.html
Giant blades are slicing home prices. Wind turbines and Property Value – Real Life Experience
http://www.windaction.org/documents/20729
Living with the impact of windmills
Email automated response from the FHA regarding wind turbine siting and property appraisals
OTHER
STORIES
1)
APP: DEP won't cite Union Beach wind energy project for violations
2)
The Independent: DEP - No violation of BRSA wind turbine permit
The
APP: DEP says BRSA started work prematurely and violated state law
1)
Holmdel Patch: Wind Turbines - Better to Err on the Side of Caution
2)
Holmdel Patch: BRSA Says Wind Turbines Offer Renewable Energy
1)
http:/ /independent.gmnews.com/news/2010-11-18/Front_Page/BRSA_seeks_more_space_for_turbine_blades.html
2)
http://www.app.com/article/20101118/NEWS/11180343/Union-Beach-Planning-Board-to-deliberate-over-wind-turbine
BRSA seeks more space for turbine blades / Attorney for Union Beach asks for moratorium on project
http://independent.gmnews.com/news/2011-02-10/Front_Page/Holmdel_puts_off_decision_on_turbine.html
http://holmdel.patch.com/articles/township-committee-wants-to-hear-more-about-wind-turbine-issue
Holmdel invites Bayshore Regional Sewerage Authority chairman to make a presentation
http://holmdel.patch.com/articles/letter-to-the-editor-stop-the-wind-turbine
Two letters to The Holmdel Patch rebutting a video presentation by BRSA Chairman
Coligas, the video is on the Patch's website here:
http://holmdel.patch.com/articles/video-wind-turbine-explained-at-half-century-club?ncid=M255
http://independent.gmnews.com/news/2011-01-13/Letters/Fight_over_wind_turbine_just_beginning.html
The Independent: Fight over wind turbine just beginning
http://www.APP.com/article/20110108/OPINION04/101080307/Residents-put-at-risk-by-sewerage-authority
Letter to the APP: Residents put at risk by sewerage authority
http://www.wind-watch.org/news/2010/12/24/new-jersey-residents-oppose-wind-turbine-technology/
NJ Residents Oppose Wind Turbine Technology
http://www.wind-watch.org/news/2010/09/19/residents-protest-sewerage-authoritys-wind-turbine/
Union Beach Residents protest sewerage authority's wind turbine - 9/19
http://independent.gmnews.com/news/2010-12-23/Letters/Truth_is_blowing_in_the_wind.html
A letter to the editor calling for Hazlet, Union Beach and Holmdel to "Recall and Replace the BRSA
Commissioners."
http://www.ahherald.com/index.php/201012109886/Letters-to-the-Editor/union-beach-fails-neighbors-over-wind-turbines.html
A heartfelt letter to the editor of the Atlantic Highlands Herald.
http://independent.gmnews.com/news/2010-12-16/Front_Page/Planning_Bd_blows_down_BRSA_plan_for_subdivision.html
Union Beach Planning Board blows down BRSA plan for subdivision - 12/15/2010.
1)
http://www.msnbc.msn.com/id/39759042/ns/business/
2)
Stimulus
Cash Flowed to Completed, Under-Way Renewable Energy Projects - NYTimes.com
Two stories on "Soprano State" worthy shenanigans with industrial wind turbines
taking place on a national scale.
1)
Resident fears wind turbine will harm endangered birds
2)
Construction begins for turbine; local residents call for halt
3)
Keyport joins opposition to wind turbine
Three new stories from The Independent/gmnews.com - 9/29
http://www.reuters.com/article/idUSN2727193820100928
"Hitting the 127 gigawatt number could mean installing 30,000 to 50,000 of
the spinning turbines along the U.S. East Coast." This is truly
frightening. The Atlantic will be lost to us for decades to come, and who will
remove them when they no longer work or are needed? - 9/28
http://www.projo.com/news/content/PORTSMOUTH_WIND_COMPLAINT_01-09-11_4LL7RQK_v131.5166497.html
R.I. regulators look into agreement for energy generated by Portsmouth turbine
Bill
makes building of wind turbines on land almost impossible in New Jersey - NJ.com
This story was likely a PR placement by the BRSA to try to slow down the momentum on the 2K setback bill.
http://www.app.com/article/20101109/NEWS/11090362/Sewerage-authority-faces-Union-Beach-planning-board-on-wind-turbine
APP's prelude story to the 11/10 Union Beach Planning Board meeting on the wind turbine
Wind
Power Backbone Sought Off Atlantic Coast - NYTimes.com
Google and a New York financial firm have each agreed to invest heavily in a proposed $5 billion transmission backbone.
http://www.jsonline.com/business/101852078.html
Wisconsin regulators vote to adopt standards allowing local governments to pay residents living near turbines.
Christie's got a Dutch treat for utility customers
Paul Mulshine's story in the August 22nd Star Ledger - A must-read!
State
bill to support wind energy development | Cape May County Regional
A move to change the NJ license plate slogan from "The Garden State" to "The Turbine State" - I wish I was just kidding.
Freeholders
Ask Governor Christie To Weigh In
Monmouth County Freeholders plan to ask the state to consider a moratorium.
http://www.americansforprosperity.org/090910-video-afps-protest-rggi-cap-trade-scheme
Video of AFP's Protest of the RGGI Cap & Trade Scheme
http://pressofatlanticcity.com/communities/atlantic-city_pleasantville_brigantine/article_602e3fca-b6ed-11df-8e1c-001cc4c002e0.html
Political group spins wind energy as waste of public funds, failure in the making
http://www.app.com/article/20100910/OPINION01/9110304/Secrecy-letter-reprehensible
Secrecy Letter Reprehensible - After reading this, one has to ask, "Is this happening at the
BRSA?"
Wind
turbines are fine, but not near residences | APP.com | Asbury Park Press
A letter to the editor by a local resident.
http://www.nj.com/news/index.ssf/2010/08/gov_chris_christie_signs_offsh.html
NJ gov signs offshore wind energy bill.
http://factsnotfantasy.blogspot.com/
An Ill Wind (power) in New Jersey - Commentary to the above piece.
http://independent.gmnews.com/news/2010-08-19/Front_Page/Freeholders_hear_presentation_on_Union_Beach_wind_.html
Freeholders hear presentation on Union Beach wind turbine.
http://www.nytimes.com/2010/08/16/nyregion/16turbines.html
Wind Turbines Are Coming to New York, and Not Just Offshore - Bayonne, NJ too!
http://www.wind-watch.org/news/2010/08/13/university-of-delaware-hears-publics-comments-on-lewes-turbine/
University of Delaware hears public's comments on Lewes turbine.
http://www.app.com/article/20100804/NEWS/8040349/1004/NEWS01&source=rss
Sea Girt site may house a large wind turbine. The "turbining" of the Jersey Shore is starting!
http://independent.gmnews.com/news/2010-07-29/Front_Page/Meeting_disrupted_over_turbine_issue.html
BRSA suspends public comment after heated exchanges.
http://independent.gmnews.com/news/2010-08-05/Letters/Attendee_of_BRSA_meeting_has_a_different_view_of_e.html
Our reply to Robert Fischer's spin in the previous story about the July 19 BRSA meeting.
http://www.co.monmouth.nj.us/PressDetail.aspx?ID=608
Freeholders unanimously pass a resolution opposing wind turbine plan.
http://atlanticville.gmnews.com/news/2010-07-15/Front_Page/Freeholders_vote_to_oppose_wind_turbine.html
Freeholders vote to oppose wind turbine | atlanticville.gmnews.com | Atlanticville
http://independent.gmnews.com/news/2010-07-08/Front_Page/Freeholders_want_study_of_turbine_issues.html
Freeholders want study of turbine issues.
http://www.nj.com/news/index.ssf/2010/06/nj_officials_say_off-shore_win.html
N.J. officials say off-shore windmills will cost ratepayers from 5 to 14
billion dollars more over 20 years.
Ouch!!!
http://www.savewesternny.org/news/boost_to_opponents.html
007 IS "SHAKEN & STIRRED" - Sean Connery backs a campaign to protect Scotland's beauty
spots from wind farms.
http://artistsagainstwindfarms.blogspot.com/2009/06/robert-plant-famous-singer-from-led.html
MISTY MOUNTAIN HOP - Robert Plant protests against wind farms along with many other artists.
http://www.heartland.org/environmentandclimate-news.org/article/18432/Democrats_Lead_Fight_against_West_Virginia_Wind_Farms.htm
Democrats Lead Fight against West Virginia Wind Farms - by James Hoare - Environment & Climate News
http://independent.gmnews.com/news/2010-07-01/Front_Page/Turbine_granted_final_approval_despite_opposition.html
Turbine granted final approval despite opposition
http://www.telegraph.co.uk/earth/greenpolitics/planning/7004551/Wind-farms-could-blight-one-in-six-beauty-spots.html
One in six of the UK's officially-designated
beauty spots could soon be blighted by wind farms, an investigation has found.
http://beta-news.stv.tv/scotland/182349-david-bellamy-to-lead-borders-windfarm-protest-march/
Government urged to listen after more than 350 protestors gather in Lammermuir Hills.
http://news.scotsman.com/scotland/Scotland-to-build-world39s-first.4536146.jp
Scotland to build world's first tidal turbine farm
http://independent.gmnews.com/news/2010-06-17/Front_Page/Community_forum_looks_at_wind_turbine_issues.html
The Hazlet Environmental Commission (HEC) hosted its first educational community forum about the ecological effects of industrial wind turbines along the New Jersey coastline.
http://www.epaw.org/events.php?article=de1
Europe turning against wind farms - people take to
the streets
http://www.wptz.com/news/18870331/detail.html?taf=pla#
Images Surface In Turbine Collapse - Click on the link on this page to see the
photos. It can and does occur, and it could cripple the BRSA plant if it
does.
http://windfarms.wordpress.com/2007/08/24/the-dangers-of-wind-power/
Blowing Our Tax Dollars On Wind
BRSA Plans Wind Turbine For Union Beach.pdf
Two River Times
Keyport
Yacht Club Blog
A Boater's Perspective
The fact that they don’t work in cold weather...
"Minnesota invested itself in alternative energy sources years ago. However, the fact that they
(wind turbines) don’t work in cold weather...prompting the Twin Cities ABC affiliate to dub them 'no-spin zones.'"
HORNER: The wind-energy cover-up - Washington Times
“Spain's policies revealed to be economic and employment disasters.”
Groups urged to eliminate pollution, not windmill | ind.gmnews.com | Independent
A pro-turbine point of view
Wind turbine issue deserves deeper study | ind.gmnews.com | Independent
Response to the above letter to the editor dated March 4th
Commission continues to study wind turbine issue | ind.gmnews.com | Independent
Another response to the March 4 letter in the Independent
http://www.windaction.org/news/22859
Union Beach opposes plan for 380-foot-tall wind turbine
http://www.boston.com/news/local/massachusetts/articles/2010/05/18/faa_determines_cape_wind_farm_is_no_hazard/?s_campaign=8315
FAA determines wind farm is ‘no hazard’
http://www.windaction.org/news/24422
Many Union Beach residents oppose wind turbine
http://independent.gmnews.com/news/2010-02-25/Front_Page/Bayshore_groups_warn_of_wind_turbine_effects.html
Bayshore groups warn of wind turbine effects
http://www.accessmylibrary.com/coms2/summary_0286-30229080_ITM
Wind turbine in works for Union Beach, N.J.
http://www.windaction.org/news/23906
Union Beach wind turbine plan gets DEP approval
http://aberdeennjlife.blogspot.com/2009/11/union-beach-wind-turbine-visible-from.html
Union Beach Wind Turbine Visible from Keyport and Cliffwood Beach?
http://www.washingtontimes.com/news/2009/mar/23/wind-turbine-advocates-test-a-solution-to-explodin/
Wind energy finds fix for exploding bats
http://independent.gmnews.com/news/2010-02-18/Front_Page/Contract_awarded_for_wind_turbine_project.html
Contract awarded for wind turbine project