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Study: Solar can hurt home values if it displaces scarce suburban greenspace

20 October 2020 by DSR

  “One of the most comprehensive studies to date on how solar projects affect housing values suggests that siting large arrays on suburban greenspace can harm home values within a 1-mile radius. The study from the University of Rhode Island, released in September, looked at more than 400,000 transactions in New England over a 15-year … [Read more…]

Posted in: Solar Tagged: green space, property value, Rhode Island

Study: Solar projects driving down home values in R.I. suburbs

30 September 2020 by DSR

  “Opponents of the development of large solar installations in rural and suburban Rhode Island argue that sprawling tracts of photovoltaic panels mar the character of their communities. They worry that in many cases construction of the industrial energy projects mean clear-cutting acres of woodlands or building in open fields, leading to a loss of … [Read more…]

Posted in: Rhode Island, Solar Tagged: property value, Rhode Island

PROPERTY VALUE IMPACTS OF COMMERCIAL-SCALE SOLAR ENERGY IN MASSACHUSETTS AND RHODE ISLAND

29 September 2020 by DSR

  “ABSTRACT While utility-scale solar energy is important for reducing dependence on fossil fuels, solar arrays use significant amounts of land (about 5 acres per MW of capacity), and may create local land use disamenities. This paper seeks to quantify the externalities from nearby solar arrays using the hedonic method. We study the states of … [Read more…]

Posted in: Solar Tagged: Massachusetts, property value, research, Rhode Island

10 Industries That Diminish Property Values The Most

22 September 2020 by DSR

  “Everyone wants to live in a nice neighborhood, and if on a budget the rule of thumb has always been to look at the poorest house in the classiest neighborhood. But what happens when an undesirable business moves into your zip code, or even at the end of your block. Just like bad residential … [Read more…]

Posted in: Solar Tagged: depreciation, power plant, property value, real estate

Mark Heckman Real Estate Appraiser

17 September 2020 by DSR

  “”   website   Residents for Responsible Solar– Mount Joy Township https://stopsolarfarms.com/mount-joy-township-gettysburg   Change.org petition in Mount Joy Township PA September 17 2020 https://www.change.org/p/mount-joy-township-supervisors-stop-industrial-scale-solar-on-rural-agricultural-land-preserve-gettysburg-pa/u/27737813?recruiter=false&utm_source=share_update&utm_medium=email&utm_campaign=share_email_responsive&utm_term=share_email_responsive&recruited_by_id=54ecf0e0-fc7c-11ea-bdc5-c126763e5a8f Wake-up Adams County, an unbiased and competent Certified General Real Estate Appraiser with 34 years of residential, industrial, and commercial valuations in PA, Mark Heckman, testified under oath after almost … [Read more…]

Posted in: Solar Tagged: property value

Solar farm hearing draws a crowd

16 September 2020 by DSR

  “Despite social distancing guidelines it was a packed house on Monday for an evidentiary hearing regarding a proposed solar farm on Shady Grove Church Road near the Smithtown community. The Board of Adjustments moved the meeting from its usual location in the Planning Building to the Commissioners Chambers but it was still not enough … [Read more…]

Posted in: Solar Tagged: Betsy Williams, Billy Miller, Hilda Smitherman, John Barefoot, LLC, Nathan Tidd, Pine Gate Renewables, property value, Richard Kirkland, Ruth Matthews, Shady Grove Church Road, Shady Grove Partners LLC, Silver Creek Energy, Smithtown, Tina Williams, Tom Terrell, tracking panels, Two Hearted Solar

Homeowners often oppose nearby solar. But do projects really hurt property values?

14 July 2020 by DSR

  “Proposals for large solar facilities routinely come under scrutiny for their potential to cause erosion and runoff, but for property owners who live nearby, concerns about the impact on their home values often loom just as large. An application before the Connecticut Siting Council to build a 3-megawatt solar facility in Stonington is a … [Read more…]

Posted in: Solar Tagged: Connecticut, Elmridge Golf Course, Greenskies Clean Energy, property value, Stonington

Land Values 2019 Summary

1 August 2019 by DSR

  “Agricultural Land Values Highlights The United States farm real estate value, a measurement of the value of all land and buildings on farms, averaged $3,160 per acre for 2019, up $60 per acre (1.9 percent) from 2018. The United States cropland value averaged $4,100 per acre, an increase of $50 per acre (1.2 percent) … [Read more…]

Posted in: Solar Tagged: farm land, pasture land, property value, United States Department of Agriculture

The Neighborhood Features That Drag Down Your Home Value—Ranked

28 March 2016 by DSR

  “When it comes to real estate clichés, “Location, location, location” has all other contenders (including “Not a drive-by!”; “Cash is king!”; “Is that your checkbook or are you just glad to see me?”; and “Worst house, best street”) beat by a mile. Not only has it been in use since at least 1926 (according … [Read more…]

Posted in: Solar Tagged: property value, real estate

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