About the Post

Author Information

MPAC documents show some Wolfe Island property values plummet by over $100,000

Dear Huron East Council,

Further to my deputation(s) regarding property devaluation by wind projects – I wish to forward some information I finally received from MPAC (as promised) regarding what has happened on Wolfe Island with regard to property assessment reductions.  It hosts the province’s second largest wind farm.  I am including the list of property assessment reductions from MPAC since 2008.  The list shows 78 significant assessment reductions since 2008 (the wind farm became operational in 2009) totalling $3 million in reductions.  The 6 largest reductions are listed below and are situated very close to the turbines themselves and very clearly shows what can happen to property assessments when wind farms are erected around residential areas.  I do not wish to waste council’s time with another deputation-but would like to know what progress has been made with regard to creating a by-law (as discussed) to protect this from happening to Huron East ratepayers (and the municipalites’ tax base)?  It was indicated that proof needed to be provided before attempting to put in place such a bylaw.  I think that I have upheld my end of the bargain.  Many of my neighbours are eager to know if there will be some protection put in place from potentially losing their life savings in their property equity?

      Here are the addresses of residents (near the wind project) who were granted assessment reductions of over $100,000 by MPAC in the Township of Wolfe Island from 2008 until Jan. 2012.

Reduction

82  – Oak Point Rd.                           -$118,000

23 –  Nine Mile Point Rd.              – $143,000

429- Nine Mile Point Rd.               -$119,000

433 -Nine Mile Point Rd.               -$117,000

496 -Nine Mile Point Rd.              – $107,000

136 – Lucas Point Lane                    – $101,000

Some of these properties are on Wolfe Island and the rest are on Simcoe Island.  Simcoe Island is located just off the west end of Wolfe Island where the Wind Project is sited (see map attached).  According to an e-mail I received from Gail Kenney (the prominent resident appealing their ARB decision on Wolfe Island) the Wind Project can be seen and heard from most of the south shore of Simcoe Island.  She indicated that property sales have all but shut down on Simcoe Island.  She now has this list from MPAC as well (they did not have it at the time of their ARB hearing).

(Name of author withheld by request)

Tags: , , ,

3 Comments on “MPAC documents show some Wolfe Island property values plummet by over $100,000”

  1. Dougal Quixote September 18, 2012 at 4:16 am #

    Thanks for this info. From the photo I would suggest that the drop in values are fairly academic as who would want to buy a property in such close proximity. Problem in the UK is that the Government challenges the opposition to wind to prove the case but will only accept statistics built on actual sales. As most peope are trapped in their homes and can’t find buyers it means that data is basically not available. To them and the Renewable Industry that is seen as proving the negative. Houses don’t drop in value. They simply don’t sell. With the overall drop in values and difficulties arranging mortgages due to the financial climate, valuations are deemed irrelevant or misleading. A convenient position for the developers. An impossible position for homeowners in this situation. In Denmark, the Government makes up any drop in value and then recovers the figure from the wind farm. That is a model that you might find useful..

    • Donna Quixote September 18, 2012 at 4:22 pm #

      We’ve experienced the same thing here Dougal. People can’t sell their homes and if they do, it’s often for far far less than what it was worth prior to the installation of wind turbines. In some cases, 1/3 of the original value.

      • Dougal Quixote September 18, 2012 at 5:27 pm #

        What do we need to do to persuade the councillors and politicians to believe those that know instead of listening to the developers and trade bodies. Put planning in right next to their houses and let them see the values plummet? Only way is to hit them in their pockets!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: