Wind Turbines in a Residential Setting and property values

By
Real Estate Broker/Owner with Olsen Ziegler Realty

Wind Turbine and Hydro LinesHas anyone seen a wind turbine installation in a residential neighborhood setting? I am curious what others think about the potential affect on property values, etc.

If you were in your backyard grilling or relaxing reading a book and you saw or heard a fairly large wind turbine on the next door neighbor's property or even a few properties away, would your "quiet use and enjoyment" be affected? Would it impact your decision on purchasing the property if it were for sale?

I have read some of NAR's Field Guide to Wind Farms...but with the push for green and alternative energy becoming more and more mainstream, I wonder how much this will creep into the suburbs, just like gas fracking wells are becoming pervasive here in Ohio, even in highly developed suburban communities.

From high tension power transmission lines behind developments, to radon, mold, gas fracking wells, unstable soils, and the like, the real estate industry is forever being impacted by nature and technology.

 

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  1. Joe Jackson 02/13/2012 01:06 PM
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Rainer
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Chandler Real Estate Liz Harris, MBA
Liz Harris Realty - Chandler, AZ
#ChandlerRealEstateAgent

Haven't seen this in Arizona... but we have cell towers going up everywhere... don't think they can disguise the wind turbine as a palm tree (like they do with the cell towers!)

Nov 03, 2011 02:45 PM #1
Rainmaker
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John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Chris - I have not seen wind turbine in my neighborhood yet, perhaps in the near future. Thanks for the information.

Nov 03, 2011 04:54 PM #2
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Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
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Hi Chris. This is a very informative post that every buyer must read. Thanks for sharing.

Nov 08, 2011 02:51 PM #3
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Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

Chris  It will be interesting to see how an HOA would handle such a reques

Nov 09, 2011 04:10 AM #4
Rainmaker
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Tony Morganti
RE/MAX Crossroads in Cuyahoga Falls and Stow, Ohio - Cuyahoga Falls, OH
CRS, ABR - Cuyahoga Falls, Stow

Hi Chris -  This is an interesting and timely post.  Just recently we've had a business here in Cuyahoga Falls be approved for and install a wind turbine for their business.  It is located in more of a business location however it does border some residential properties.  I am all for it but I admit it did lead me to wonder about these beginning to pop up in strictly residential settings.  I don't expect it anytime soon though.

Nov 13, 2011 04:15 AM #5
Rainmaker
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Leslie Ebersole
Swanepoel T3 Group - Saint Charles, IL
I help brokers build businesses they love.

To my ActiveRain friend,
I wish you all things bright and beautiful
at this holiday time and throughout the year. 

Dec 24, 2011 05:17 AM #6
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Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

Chris  Arthur and I just stopped by to wish you a healthy, happy and prosperous New Year

Jan 01, 2012 08:17 AM #7
Rainmaker
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Rita Legan
eXp Realty - Strongsville, OH
ASP Staging Realtor CDPE

Looks like Solar power wins. Check out this article.

http://mapawatt.com/2011/03/27/residential-clean-energy-solar-vs-wind/

Apr 15, 2012 03:40 PM #8
Rainmaker
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Chris Olsen
Olsen Ziegler Realty - Cleveland, OH
Broker Owner Cleveland Ohio Real Estate

Hi Liz -- I like palm trees, perhaps a cottage industry for some creative start-up.
Hi John and Katerina -- Thanks.
Hi Karen -- An HOA perspective, interesting.  I wonder if existing language would encompass this already or it's a new frontier?
Hi Tony -- Thanks, very interesting.  I wonder if the visual impact for adjoining/nearby residences and/or the noise could be a re-sale issue?
Hi Rita -- Thanks for the article, it was a very good read.  An ever changing landscape for sure.

Apr 16, 2012 12:08 AM #9
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Chris Olsen

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