REPORT: Wind farms help maintain and increase local property values

Wind farms help maintain and increase property values by boosting local economic development. They provide significant funding to schools, county governments, and other local services, which improve property values by making communities more attractive for growth and commerce.

In addition, wind projects support local businesses by infusing new income and jobs into the economy.

The impacts of wind farms on property values have been researched extensively using a variety of sophisticated statistical techniques. Several of these recent studies have been reviewed by independent researchers at the Lawrence Berkeley National Laboratory, Research Investigating Wind Facility Effects on Nearby Property Values. While noting that wind facilities can increase a property’s assessed value, these studies produce no conclusive evidence that wind farms harm property values over time. In fact, neither the view of wind facilities nor the distance of a home to those facilities is found to have a statistically significant effect on sales prices. Due to this lack of evidence, the National Association of Realtors has never concluded that turbines reduce property values.

Wind in the News

Click here for more news

What others are saying

“As the 19th district representative of the House of Delegates, I'm excited to see Virginia's first wind energy project enter its final phase of compliance. The community is excited to see the alternative form of energy come to completion. We look forward to the construction beginning and the successful completion of Virginia's first wind farm.”- Delegate Terry Austin, Virginia House of Delegates, 19th District


"Rocky Forge will be a large contributor to Botetourt County’s tax base, while having a minimal effect on existing land use of the thousands of acres of rural land in the project area. This seems like a win-win to me.”-Jack Leffel, Chairman, Botetourt County Board of Supervisors


“Botetourt County studied and reviewed Rocky Forge Wind for over a year. It was ultimately approved unanimously by our Board of Supervisors both because it met our county’s wind energy guidelines and because it aligns with Botetourt County’s mission of embracing responsible growth and innovation.”- Gary Larrowe, County Administrator, Botetourt County


“The Chamber of Commerce is delighted at the prospect of having Apex join the Botetourt family of businesses. A new renewable energy business in Botetourt will be good for the local economy and the environment and the Chamber is looking forward to working with Apex in the future.”-Pete Pearl, President, Botetourt County Chamber of Commerce


“Virginians overwhelmingly want more renewable energy, and wind power offers one of the cleanest, safest forms of electricity generation. Rocky Forge Wind is a great step toward growing the Commonwealth’s clean energy."-Dan Crawford, Group Chair, Roanoke Group of the Virginia Chapter of the Sierra Club


“As a resident of Botetourt County for more than 25 years and supporter of our area’s sporting traditions, I believe wind energy is a great way to produce power while protecting traditional land uses like hunting and fishing.”-Sherry Crumley, Board Member, National Wildlife Turkey Federation

Sign Up for Our E-Newsletter Get Involved Find an Event