Assessing the Impact of Wind Farms on Property and Housing Prices:  A Regional Analysis

Palmisano, Hunter

Assessing the Impact of Wind Farms on Property and Housing Prices: A Regional Analysis

Persistent URL

https://hdl.handle.net/10456/59267

Author(s)

Palmisano, Hunter

Date Issued

May 10, 2025

Abstract

This research investigates the economic impacts of wind farms and their effects on property values. This thesis has a focus on comparing the externalities between their environmental benefits while also examining the challenges they present to local communities. Wind energy infrastructure has been a key component of the global shift to renewable energy. They have shown to offer significant advantages such as job creation as well as, increased tax revenue, and reduction in greenhouse gas emissions. However, they also bring about negative externalities such as noise pollution and visual disruption, which can affect property values, especially in areas where renewable energy is less supported. By analyzing and finding the relationship between the factors listed and the influence they have had on property values, this research highlights the importance of local economies, community attitudes, and the geographic context in determining the effects I find. The study examines how these factors vary across regions, contributing to a deeper understanding of the complexities surrounding wind energy development as well as its impact on housing markets. This research offers an understanding that can inform future policy decisions as well as wind farm development strategies, helping to balance the benefits of renewable energy with the concerns of impacted communities.

Major

Business

First Reader(s)

Nonnenmacher, Tomas W.