Wind Energy Facilities and Residential Properties [electronic resource] : The Effect of Proximity and View on Sales Prices

• Ngôn ngữ: eng
• Ký hiệu phân loại: 621.45 Wind engines
• Thông tin xuất bản: Berkeley, Calif. : Oak Ridge, Tenn. : Lawrence Berkeley National Laboratory ; Distributed by the Office of Scientific and Technical Information, U.S. Dept. of Energy, 2011
• Mô tả vật lý: Medium: ED : , digital, PDF file.
• Bộ sưu tập: Metadata
• ID: 259357
• Chủ đề: 1. 17 wind energy; 2. 29 energy planning, policy and economy; 3. Communities; 4. Energy facilities; 5. Prices

Tóm tắt

With increasing numbers of communities considering wind power developments, empirical investigations regarding related community concerns are needed. One such concern is that proximate property values may be adversely affected, yet relatively little research exists on the subject. The present research investigates roughly 7,500 sales of single-family homes surrounding 24 existing U.S. wind facilities. Across four different hedonic models, and a variety of robustness tests, the results are consistent: neither the view of the wind facilities nor the distance of the home to those facilities is found to have a statistically significant effect on sales prices, yet further research is warranted.