Impact of Industrial Wind Turbines on Residential Property Assessment In Ontario
The Municipal Property Assessment Corporation (MPAC) undertook a study to ensure that the assessments of properties in proximity to industrial wind turbines (IWTs) are fair and accurate. Over the last few years, the subject of IWTs has been the subject of numerous reports and studies – both in Canada and worldwide. Past and current studies undertaken by academics, real estate and health professionals have focused on the potential impacts of IWTs on property value and the health of those residing on the property. Given MPAC’s legislated mandate, this report studies whether properties within five kilometres of an IWT are assessed at current value, and whether their assessment is equitable to those situated more than five kilometres from an IWT.
MPAC’s study concludes that 2016 Current Value Assessments (CVAs) of properties located within proximity to an IWT are assessed at their current value and are equitably assessed in relation to homes at greater distances. This finding is consistent with MPAC’s 2008 and 2012 CVA reports. The study underwent a rigorous independent third-party peer review (conducted by Robert J. Gloudemans) and includes appendices describing the study parameters and documenting the analyses.