Category Archives: Impact on: Property values
Impact of wind turbines on residential property values
Weekly PEC wind turbine news — Mon, Oct 17, 2011
Some topics covered in this post .. Gilead / Ostrander Point project delay .. Property value appeal on Wolfe Island .. County endorses National Park on South Shore .. CanWEA concedes indirect health effects. Read the rest of this entry
Ontario wind power faces test over property values — CBC News
Wolfe Island homeowners Edward and Gail Kenney are appealing MPAC’s market value assessment on the grounds that the 86 wind turbines on the island have substantially depressed property values, including theirs. Sadly, they are being opposed by their own municipality, which wants to protect its tax base. For cost reasons, the Kenneys are representing themselves, while the other parties are all lawyered up. MPAC has previously offered to settle, but they are pursuing this issue on principle.
Here is the CBC news report: http://www.cbc.ca/news/canada/toronto/story/2011/10/03/toronto-windmills-property-values.html
Weekly PEC wind turbine news — Mon, Oct 10, 2011
News items in this post .. Leona Dombrowsky defeated .. Rural voters rejected Liberals .. South Marysburgh’s Turbine Risk Zone. Read the rest of this entry
Ontario wind power bringing down property values — CBC News
CBC News has published a major investigative report on losses in market values of Ontario residential properties located near wind turbines. It reports actual and anticipated losses of 10-50%, increased time to sell and potential difficulties in obtaining a mortgage. There is also a poll showing the percentage of people willing to live near wind turbines.
Some excerpts from the report:
Weekly PEC wind turbine news — Mon, Oct 3, 2011
News items in this post .. CBC News report on property values .. CBC News poll on living near wind turbines .. CCSAGE public meeting re WPD / White Pines.
