Will The Solar Facility Be Bad For My Home Value?

No. Several peer reviewed research articles have analyzed the impact of utility scale solar facilities on adjacent and adjoining property, both residential and agricultural, and determined there is no impact to the property value.

CohnReznick, a national advisory and tax firm, studied sale prices of single-family homes and agricultural land properties adjacent to solar farms in over 15 states, using appraisal methods including appropriate Paired Sales methodology as well as Before/After resale (appreciation rate) analysis, and concluded that the solar farms did not adversely affect property values in either the short or long term.

A 2020 study on the effect of solar farms on agricultural land values in North Carolina, published in Land Economics by Laura Taylor of the School of Economics at Georgia Institute of Technology, examined 451 solar farms in North Carolina. The study found no direct negative or positive spillover effect of a solar farm construction on nearby agricultural land values.

Resources

Property Values (SEIA)

Solar and Property Values Fact Sheet (cleanpower.org)

Solar and Farmland (cleanpower.org)

Farmer's Guide to Going Solar (energy.gov)

Taylor- Georgia Institute (2020)