TY - JOUR
TI - Wind Energy Facilities and Residential Properties: The Effect of Proximity and View on Sales Prices
AU - Hoen, B
AU - Wiser, R
AU - Cappers, P
AU - Thayer, M
AU - Sethi, G
T2 - Journal of Real Estate Research
AB - Increasing numbers of communities are considering wind power developments. One concern within these communities is that proximate property values may be adversely affected, yet there has been little research on the subject. The present research investigates roughly 7,500 sales of single-family homes surrounding 24 existing wind facilities in the United States. 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.
DA - 2011/01//
PY - 2011
VL - 33
IS - 3
SP - 279
EP - 316
UR - https://www.researchgate.net/publication/254426631_Wind_Energy_Facilities_and_Residential_Properties_The_Effect_of_Proximity_and_View_on_Sales_Prices_Authors
DO - 10.5555/rees.33.3.16133472w8338613
LA - English
KW - Wind Energy
KW - Human Dimensions
KW - Social & Economic Data
KW - Visual Impacts
ER -