Property Appraisals expert says turbines, transmission lines decrease land value

Ben_Lansink_Appraisal_ExpertBayshore Broadcasting
Appraisals expert Ben Lansink of London has told the Huron East Administrative Committee that rural residential property values fall when either turbines are erected, or transmission lines are cut through the landscape. He was addressing the committee, which determines the agendas for regular meetings of Huron East Council on Tuesday.

Lansink has done two studies in Ontario townships where wind farms have located. He says adjacent residential property values fall between 25 and almost 60 per cent. The appraisals expert say the Municipal Property Assessment Corporation (MPAC) is technically correct in saying property values haven’t been affected by nearby turbines– its data is four years old.

Lansink says this is an issue that will get bigger when MPAC’s 2012 statistics comes on-line. He says in the case of Melancton Township anyone who bought one of the adjacent homes had to sign a waiver. The appraiser warned that one residence along the Bluewater Highway was rendered uninhabitable by dirty electricity leaking from the adjacent power-lines. Read article and listen

6 thoughts on “Property Appraisals expert says turbines, transmission lines decrease land value

  1. Hot potato!…………saving the planet………
    Committee this – Committee that

    ‘[excerpt] He was addressing the committee, which determines the agendas for regular meetings of Huron East Council on Tuesday.’

    Human well-being – is it an issue?
    The committee? –
    ………..to determine agenda? …….what will they do?

    Ugh!
    Councils………..three little monkeys!
    The glare: A little too foggy in the room.

  2. Those who do not believe the obvious,
    that IWT’s would impact property values,
    come from three walks of life.
    -Wind industry
    -MPAC
    -Village idiots

    • Madasabat:

      You reminded me of something first pointed out on Climate Audit. The University of East Anglia is well know to be home to many climate alarmists pushing the IPCC Climate Change Agenda… Sometimes Known as the University of Easy Access — Monty Python has seen fit to bless us with the following skit:

      http://www.youtube.com/watch?v=mlss_LiNeJk

      So are they blithering idiots? Those are the ones that take the money…

      Happy viewing and let us know which type of idiot you see on our officials and corporate officers.

      Which ones did the Grad and Post Grad degrees?

  3. You can easily find out how popular homes near turbines are, look at all the people lining up to buy them. Not a pro-winder in sight when it comes time to call their bluff. If they thought they were safe and beautiful they would be proud to live in an industrial turbine complex. No one person in their right mind wants to put up with noise, dirty electricity, vibration, and an industrial eyesore in their view, flickering and spinning all day and night, ( or at least when the wind blows the right speed. ) Common sense would tell you that anything you must “confess”, before you sell your house is not a good thing, that is why you aren’t forced to own up to any of the positive features of your property. This argument is dead to all but the blindest of people.

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