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Prince “Turbine” County!

Disclosure of Wind Energy Proposals

Good Morning.

I have had the following comment / question posted on the comments board.

“Since you have indicated that you talked to some real estate agents in the eventuality of putting your house on the market, I wonder whether or not the seller has to disclose the possibility of the presence of a Windmill Farm nearby in the near future. If so, it would already have an impact on the saleability of the house. What would be the percentage of the decrease? And have the real estate agents noticed an increase of people wanting to leave the area?”

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August 26, 2008 Posted by | Comments, Issues, Prince Edward County, Property Prices | , , , , , , , , , , , , , , , , , , , , | Leave a comment

The Effect of Wind Farms on Local House Prices

Location, Location, Location – the three golden words of property value. Improve elements of the location and it figures that house prices go up, reduce them and my home is less desirable so it would figure that the price some is prepared to pay will go down.

Therefore if large scale wind farms are Good things we should see increasing values, if they are bad then one can conclude that the reverse should hold.

It goes without saying that all wind turbine companies report that we should not feel concerned about the values of our houses dropping if wind farms are built close by or turbines appear in our view. Yet the No camp state the reverse. With some fairly in depth reports mentioned this should be a simple a essay, a good place to to start a detailed examination of the pros and cons of wind turbines.

But life is never that simple!

Full Article CLICK HERE

July 31, 2008 Posted by | Property Prices | , , , , , , , , , , , , , , , , , , | Leave a comment