The Impact of Wind Power Projects on Residential Property Values ...
The Impact of Wind Power Projects on Residential Property Values ... The Impact of Wind Power Projects on Residential Property Values ...
Data Collection and Summary County
Census Statistics Name Type 2007 Population % Change Since 2000 Population Per Mile^2 Median Age Median Income Median House 2007 % Change Since 2000 Big Spring City 24,075 -5.4% 1,260 35.1 $ 32,470 $ 54,442 50% Forsan Town 220 -4.0% 758 36.8 $ 50,219 $ 64,277 84% Howard County 32,295 -1.9% 36 36.4 $ 36,684 $ 60,658 58% Texas State 23,904,380 14.6% 80 32.3 $ 47,548 $ 120,900 47% US Country 301,139,947 6.8% 86 37.9 $ 50,233 $ 243,742 46% Source: City-Data.com & Wikipedia. “% Change Since 2000” refers to the percentage change between 2000 and 2007 for the figures in the column to the left (population or median house price). “Town” signifies any municipality with less than 10,000 inhabitants. . 89
- Page 55 and 56: all other components are as defined
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- Page 95 and 96: Davis, L. W. (2008) The</st
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- Page 105: A.2 TXHC Study Area: Howard County
- Page 109 and 110: Data Collection and Summary County
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- Page 117 and 118: A.6 WIKCDC Study Area: Kewaunee and
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- Page 125 and 126: Census Statistics Name Type 2007 Po
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- Page 129 and 130: A.10 NYMC Study Area: Madison Count
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Data Collecti<strong>on</strong> and Summary<br />
County <str<strong>on</strong>g>of</str<strong>on</strong>g>ficials Brett McKibben, Sally Munoz, and Sheri Proctor were extremely helpful in<br />
answering questi<strong>on</strong>s about the data required for this project, and the data were provided by two<br />
firms that manage it for the county. Specifically, Erin Welch <str<strong>on</strong>g>of</str<strong>on</strong>g> the Capital Appraisal Group<br />
provided the sales and house characteristic data and Paul Brandt <str<strong>on</strong>g>of</str<strong>on</strong>g> MIMS provided the GIS data.<br />
All valid single-family home sales transacti<strong>on</strong>s within five miles <str<strong>on</strong>g>of</str<strong>on</strong>g> the nearest turbine and<br />
occurring between January 1996 and March 2007 were included in the dataset, resulting in 1,311<br />
sales. 106 <str<strong>on</strong>g>The</str<strong>on</strong>g>se sales ranged in price from $10,492 to $490,000, with a mean <str<strong>on</strong>g>of</str<strong>on</strong>g> $74,092.<br />
Because <str<strong>on</strong>g>of</str<strong>on</strong>g> the age <str<strong>on</strong>g>of</str<strong>on</strong>g> the wind facility, many <str<strong>on</strong>g>of</str<strong>on</strong>g> the sales in the sample occurred after wind<br />
facility c<strong>on</strong>structi<strong>on</strong> had commenced (n = 1,071). Of those, 104 had views <str<strong>on</strong>g>of</str<strong>on</strong>g> the turbines, with<br />
27 having views more dramatic than MINOR. Four homes sold within a mile <str<strong>on</strong>g>of</str<strong>on</strong>g> the facility,<br />
with the rest falling between <strong>on</strong>e and three miles (n = 584), three to five miles (n = 467), and<br />
outside <str<strong>on</strong>g>of</str<strong>on</strong>g> five miles (n = 16).<br />
Area Statistics<br />
Study Period Study Period Number <str<strong>on</strong>g>of</str<strong>on</strong>g> Median Mean Minimum Maximum<br />
Begin End Sales Price Price Price Price<br />
1/2/1996 3/30/2007 1,311 $66,500 $74,092 $10,492 $490,000<br />
Facility Statistics<br />
Facility Name<br />
Number <str<strong>on</strong>g>of</str<strong>on</strong>g><br />
MW<br />
Number <str<strong>on</strong>g>of</str<strong>on</strong>g><br />
Turbines<br />
Announce<br />
Date<br />
C<strong>on</strong>structi<strong>on</strong><br />
Begin Date<br />
Completi<strong>on</strong><br />
Date<br />
Turbine<br />
Maker<br />
Hub Height<br />
(Meters)<br />
Big Spring I 27.7 42 Jan-98 Jul-98 Jun-99 Vestas 65<br />
Big Spring II 6.6 4 Jan-98 Jul-98 Jun-99 Vestas 80<br />
Source: AWEA & Ventyx Inc.<br />
Variables <str<strong>on</strong>g>of</str<strong>on</strong>g> Interest Statistics<br />
Development Period<br />
Pre<br />
Announcement<br />
Post Announcement<br />
Pre C<strong>on</strong>structi<strong>on</strong><br />
1st Year After<br />
C<strong>on</strong>structi<strong>on</strong><br />
2nd Year After<br />
C<strong>on</strong>structi<strong>on</strong><br />
2+ Years After<br />
C<strong>on</strong>structi<strong>on</strong><br />
Total<br />
Howard, TX (TXHC) 169 71 113 131 827 1311<br />
View <str<strong>on</strong>g>of</str<strong>on</strong>g> Turbines<br />
Pre<br />
C<strong>on</strong>structi<strong>on</strong><br />
N<strong>on</strong>e Minor Moderate Substantial Extreme Total<br />
Howard, TX (TXHC) 240 967 77 22 5 0 1311<br />
Distance to<br />
Nearest Turbine<br />
Pre<br />
C<strong>on</strong>structi<strong>on</strong><br />
< 0.57 Miles 0.57 - 1 Miles 1 - 3 Miles 3 - 5 Miles > 5 Miles Total<br />
Howard, TX (TXHC) 240 0 4 584 467 16 1311<br />
106 If parcels intersected the five mile boundary, they were included in the sample, but were coded as being outside<br />
<str<strong>on</strong>g>of</str<strong>on</strong>g> five miles.<br />
88
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