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Property Value Impacts of Wind Turbines and the Influence of Attitudes toward Wind Energy

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  • Richard J. Vyn

Abstract

The lack of consensus in the literature on wind turbines and property values suggests that factors such as attitudes toward wind energy may influence whether turbines will impact property values. Based on identified attitudes at the municipality level in the Canadian province of Ontario, this study compares impacts on property values, estimated using a difference-in-differences hedonic approach, between municipalities that oppose wind energy development and those that have not expressed opposition. The results indicate that wind turbines have negatively impacted property values in “unwilling host” municipalities, while no significant impacts are found in unopposed municipalities.

Suggested Citation

  • Richard J. Vyn, 2018. "Property Value Impacts of Wind Turbines and the Influence of Attitudes toward Wind Energy," Land Economics, University of Wisconsin Press, vol. 94(4), pages 496-516.
    • Handle: RePEc:uwp:landec:v:94:y:2018:i:4:p:496-516
    Note: DOI: 10.3368/le.94.4.496
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    File URL: http://le.uwpress.org/cgi/reprint/94/4/496
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    Citations

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    Cited by:

    1. Dröes, Martijn I. & Koster, Hans R.A., 2021. "Wind turbines, solar farms, and house prices," Energy Policy, Elsevier, vol. 155(C).
    2. Hans Westlund & Mats Wilhelmsson, 2021. "The Socio-Economic Cost of Wind Turbines: A Swedish Case Study," Sustainability, MDPI, vol. 13(12), pages 1-16, June.
    3. Dong, Luran & Gaur, Vasundhara & Lang, Corey, 2023. "Property value impacts of onshore wind energy in New England: The importance of spatial heterogeneity and temporal dynamics," Energy Policy, Elsevier, vol. 179(C).
    4. Patrick Gourley, 2021. "Curb appeal: how temporary weather patterns affect house prices," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 67(1), pages 107-129, August.
    5. Dong, Luran & Lang, Corey, 2022. "Do views of offshore wind energy detract? A hedonic price analysis of the Block Island wind farm in Rhode Island," Energy Policy, Elsevier, vol. 167(C).
    6. Chad Lawley, 2021. "Hog Barns and Neighboring House Prices: Anticipation and Post‐Establishment Impacts," American Journal of Agricultural Economics, John Wiley & Sons, vol. 103(3), pages 1099-1121, May.
    7. Sikke R. Jansma & Le Anh Nguyen Long & Dasom Lee, 2023. "Understanding Energy Citizenship: How Cultural Capital Shapes the Energy Transition," Energies, MDPI, vol. 16(5), pages 1-19, February.

    More about this item

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R52 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Land Use and Other Regulations

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