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OCPB agenda 080316
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OCPB agenda 080316
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8/3/2016
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Regular Meeting
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Agenda
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OCPB minutes 080316
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6 <br /> <br />1. Matched Pair – AM Best Solar Farm, Goldsboro, NC <br />This solar farm adjoins Spring Garden Subdivision <br />which had new homes and lots available for new <br />construction during the approval and construction <br />of the solar farm. The recent home sales have <br />ranged from $200,000 to $250,000. This <br />subdivision sold out the last homes in late 2014. <br />The solar farm is clearly visible particularly along <br />the north end of this street where there is only a <br />thin line of trees separating the solar farm from the <br />single-family homes. <br />Homes backing up to the solar farm are selling at <br />the same price for the same floor plan as the homes <br />that do not back up to the solar farm in this <br />subdivision. According to the builder, the solar <br />farm has been a complete non-factor. Not only do <br />the sales show no difference in the price paid for the <br />various homes adjoining the solar farm versus not <br />adjoining the solar farm, but there are actually <br />more recent sales along the solar farm than not. <br />There is no impact on the sellout rate, or time to <br />sell for the homes adjoining the solar farm. <br />I spoke with a number of owners who adjoin the <br />solar farm and none of them expressed any concern <br />over the solar farm impacting their property value. <br />The data presented on the following page shows <br />multiple homes that have sold in 2013 and 2014 adjoining the solar farm at prices similar to those not <br />along the solar farm. These series of sales indicate that the solar farm has no impact on the adjoining <br />residential use. <br />The homes that were marketed at Spring Garden are shown below. <br /> <br /> 127
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