Wind turbines have little effect on US property values

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https://nature.berkeley.edu/news/2024/03/not-my-backyard-wind-turbines-have-little-effect-us-property-values

By Potsdam Institute for Climate Impact Research. 

Excerpt: The values of houses in the United States within a wind turbine’s viewshed drop only slightly and temporarily due to the disrupted view, a new study published today in the Proceedings of the National Academy of Sciences (PNAS) shows. The effect is smaller the further away the recently installed turbines are and fades over time. ...“The impact of wind turbines on house prices is much smaller than generally feared: In the U.S., it’s about one percent for a house that has at least one wind turbine in a 10 km radius,” explains Maximilian Auffhammer, a professor in the Department of Agricultural and Resource Economics (ARE) at the University of California, Berkeley and co-author of the study. ...scientists from the German Potsdam Institute for Climate Impact Research (PIK), the Italian Centro Euro-Mediterraneo sui Cambiamenti Climatici (CMCC) and the University of California, Berkeley analyzed the majority of home sales in the U.S. in the last 23 years. The researchers statistically analyzed data from more than 300 million home sales and 60,000 wind turbines from 1997 to 2020 to discern the impact of wind turbine visibility on home values.... 

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