About the Post

Author Information

Diminution in Price Melancthon and Clear Creek Wind Turbine Analyses

Prepared by

Ben Lansink

AACI, P.App, MRICS

October 2012

Table of Contents …………………………………………………………………………………………………………….2

Diminution in Price, Melancthon & Clear Creek Conclusions …………………………………… 4

CaseStudy: Introduction………………………………………………………………………………………………….5 Diminution, Obsolescence, Effects …………………………………………………………………………………… 5 Background: MelancthonWindFacility……………………………………………………………………………..6 LocationMap: Shelburne…………………………………………………………………………………………………7 CASE STUDY: Effects of a Wind Turbine Facility, Melancthon, Ontario…………………………….. 7 Open Market Median and Average Sold Prices 2005-2007 ……………………………………………….. 8 MELANCTHON PROPERTIES ANALYZED…………………………………………………………………… 12 Property 1 – 375557 6th Line, Amaranth……………………………………………………………………… 13 Property 2 – 97121 4th Line, Melancthon…………………………………………………………………….. 15 Property3 – 504059Highway89,Melancthon…………………………………………………………….17 Property 4 – 582340 County Road 17, Melancthon …………………………………………………….. 19 Property 5 – 582328 County Road 17, Melancthon …………………………………………………….. 22 Transfer of Easement in Gross – Typical ……………………………………………………………………… 24 CONCLUSIONS – Melancthon Property Purchases and Re-Sales…………………………………… 25 Background: ClearCreekWindFacility…………………………………………………………………………..26 LocationMap: ClearCreek,Ontario……………………………………………………………………………….27 CASESTUDY: EffectsofaWindTurbineFacility,ClearCreek,Ontario…………………………..27 Neighbourhood Map / Turbine Location Map, Clear Creek, Ontario ………………………………. 28 CLEAR CREEK PROPERTIES ANALYZED ………………………………………………………………….. 29 Property 1 – 1480 Lakeshore Road, Norfolk……………………………………………………………….. 29 Property 2 – 71 Norfolk County Road 23, Norfolk ……………………………………………………….. 31 Property 3 – 47 Concession Road A, Norfolk ……………………………………………………………… 33 Property4 – 43OldMillRoad,Norfolk………………………………………………………………………..35 Property 5 – 1575 Lakeshore Road, Norfolk……………………………………………………………….. 37 Property 6 – 1527 Lakeshore Road, Norfolk……………………………………………………………….. 39 Property 7 – 1921 Lakeshore Road, Norfolk……………………………………………………………….. 41 CONCLUSIONS –ClearCreekCurrentValues,PropertyPurchasesandRe-Sales…………43 Health Canada July 10, 2012 …………………………………………………………………………………………. 44 OFA – January 20, 2012 ………………………………………………………………………………………………… 45 CanWea – January 25, 2012 ………………………………………………………………………………………….. 46 CBC News Oct 3-11 ………………………………………………………………………………………………………. 47 Melancthon Wind Facility – 133 Wind Turbines……………………………………………………………….. 48 Clear Creek Wind Facility – 18 Wind Turbines ………………………………………………………………… 49 Comments by Experts ……………………………………………………………………………………………………. 50

© Copyright 2012 Lansink Appraisals and Consulting, All Rights Reserved 2

Insurance Issue – Wind Turbines…………………………………………………………………………………….. 51

Aaron: ARB ruling on wind power noise sets precedent …………………………………………………… 52 OREA……………………………………………………………………………………………………………………………. 54 BIRDS, BATS, and BURNING WIND TURBINES……………………………………………………………. 55 Certification by Ben Lansink – CASE STUDY………………………………………………………………….. 58 End of Case Study: Last Page ……………………………………………………………………………………….. 58

(To read full report, click here)

THANKS TO CENTRAL BRUCE WIND ACTION

Tags: , , , ,

No comments yet.

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: