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Do wind turbines affect property values?
Author: | Photos, Property values, Wisconsin
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In March of 2008 the 86 turbine Invenergy Forward Energy wind project went on line in Dodge and Fond du Lac Counties, Wisconsin. The setback from non-participating homes is 1000 feet. Two months later this home in the project went up for sale.
LISTED MAY 29, 2008: For Sale: Country home on five wooded acres. 1900 square feet, four bedrooms, 3.5 baths, central air, new roof, sky lights in kitchen, deck, family room with wood burning fireplace, vaulted ceilings, first floor laundry, excercise room, whirlpool tub in master bath, 3.5 car garage, your own nature trail through black walnut woods behind the house.
MAY 29, 2008: Asking $219,000. No buyers.
WINTER of 2009: Asking Price: $179,900. No buyers.
SPRING of 2010: Asking Price: $158,900. No buyers.
JUNE 4, 2010: After 740 days on the market, SOLD for $129,000.
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Tags: Wind power, Wind energy