Resource Documents by Rand, Joe
Brunner, Eric; Hoen, Ben; Rand, Joe; and Schwegman, David
Commercial wind turbines and residential home values: New evidence from the universe of land-based wind projects in the United States
We examine the impact of proximity to land-based commercial wind turbines on residential home values in the United States using data from 2005 to 2020. Our results are primarily driven by wind projects located in urban counties with populations greater than 250,000. We find that homes located within 1.25 mile (2 km) of a commercial wind turbine experience on average approximately an 11% decline in value following the announcement of a new commercial wind energy project, relative to counterfactual homes located 3-5 miles . . . Complete article »
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