<body><div><figure><img src="https://img.particlenews.com/image.php?type=thumbnail_580x000&amp;url=3kOB9M_1ARu0SXS00" alt="https://img.particlenews.com/image.php?url=3kOB9M_1ARu0SXS00" width="840" height="592" ><figcaption>Provided Part of the over 1,000-acre site along Chicago Trail near New Carlisle where the St. Joseph County Council in December rejected a developer's rezoning needed for a data center.</figcaption></figure><p>As Microsoft plans this month to break ground on a data center in Granger, a recent study of data centers’ effects on nearby home values found mixed results. </p><p>The study by Denver-based Integra Realty Resources looked at estimated Zillow values from 2021 through this year, for 20 homes within a mile and a half of four Indiana data centers: Microsoft’s center in LaPorte, Amazon’s massive complex near New Carlisle, Google’s facility in Fort Wayne, and META’s center in Jeffersonville. Integra presented their analysis in support of a zoning variance that a developer recently won for the first large-scale Indianapolis data center.</p><p>On one hand, according to reporting by Mirror Indy, the analysis found that property values increased near all four data centers. But in three of the four cases, values within a mile and a half of the centers increased less than across the rest of the county. In LaPorte, for example, nearby home values rose 42% while they jumped 48% countywide.</p><p>The exception was the Amazon data center, where nearby property values rose 49%, compared to 32% countywide. The study did not offer reasons for that difference.</p></div></body>

Block Source: wvpe.org

Misinformation

Clickbait

Old or repetitive news

Explicit content

Location not relevant

As Microsoft plans this month to break ground on a data center in Granger, a recent study of data centers’ effects on nearby home values found mixed results. The study by Denver-based Integra Realty Resources looked at estimated Zillow values from 2021 through this year, for 20 homes within a mile and a half of four Indiana data centers: Microsoft’s center in LaPorte, Amazon’s massive complex near New Carlisle, Google’s facility in Fort Wayne, and META’s center in Jeffersonville. Integra presented their analysis in support of a zoning variance that a developer recently won for the first large-scale Indianapolis data center.

Study: property values near data centers grew less than county

NewsBreak

As Microsoft plans this month to break ground on a data center in Granger, a recent study of data centers’ effects on nearby home values found mixed result

Study: property values near data centers grew less than county

Comments