Wind turbine developments have no effect on property values of nearby homes and farms, according to new research from the University of Guelph.
Published in a recent issue of the Canadian Journal of Agricultural Economics, the study is believed the first peer-reviewed study on this issue in Canada.
It was conducted by Richard Vyn, a professor in the Department of Food, Agricultural and Resource Economics, and Ryan McCullough, a former U of G graduate student and now a policy analyst for Health Canada.