Question:
Do oceanside properties lose value with an offshore wind farm nearby?
Fact:
Studies have found that property prices are generally not affected by offshore wind farms located far out at sea.
Study finds property prices unaffected by offshore wind
In 2018, a large-scale study analyzed the impact of onshore and offshore wind turbines on the value of nearby residential and vacation properties in Denmark, a country that has had offshore wind for 30 years.1
It concluded that having an ocean view including a wind farm had no significant impact on property prices, in comparison to having a sea view without a wind farm.
Skipjack 2 delivers clean energy – from a distance
The study included two Danish offshore wind farms that are relatively close to the shore – Nystad at 2.2 miles and Rødsand 5.6 miles. In neither case were property prices affected by the presence of offshore wind farms.
By comparison, Skipjack Wind 2 will be at least 20 miles from the Maryland coast, making it less visible from oceanside properties.
