June 8, 2010 by Michael S. McCann CRA
Summary:
Certified appraiser Michael S. McCann submitted this testimony to the Adams County Board, Adams County Illinois in reference the impact of industrial scale wind energy development on residential property. Mr. McCann’s testimony provides a detailed explanation of the impacts he [...]
Posts under ‘Home Sales’
Testimony of Michael McCann on property value impacts in Adams County IL
Property values blowing in the wind
Sales records show that Cape Vincent has had a steeper decline in residential property sales than its neighbors and real estate professionals are starting to blame proposed wind power developments.
“People do not want to buy near windmills,” said Amanda J. Miller, owner of Lake Ontario Realty, Dexter, who specializes in waterfront property [...]
The wind power debate
The property value of homes in the footprint of an industrial wind turbine complex is reduced at least 25% to 30% according to Michael McCann, Certified Appraiser, specializing in wind farms. DeKalb County has many rural and rural/residential properties. In Feb., 2009, we counted about 107 rural/residential properties (less than 10 acres) in Shabbona [...]
