Wednesday, April 7, 2010

Property values blowing in the wind

By Nancy Madsen Watertown Daily Times, N.Y.
Publication: Watertown Daily Times (New York)
Date: Wednesday, April 7 2010

Apr. 7--Sales records show that Cape Vincent has had a steeper decline in residential property sales than its neighbors and real estate professionals are starting to blame proposed wind power developments.

"People do not want to buy near windmills," said Amanda J. Miller, owner of Lake Ontario Realty, Dexter, who specializes in waterfront property sales. "They avoid purchasing in towns like Cape Vincent."

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