General 1 — Friends of the Land

Study estimate 15%-30% value loss within one mile of mining

Few would argue that having a mining operation in your community will devalue your most valuable asset. Measuring that impact has not been well-documented but a case study in Michigan offers some figures.

Homes closest to a mining operation were found to depreciate 30% while even those one mile away were devalued up to 15%.

Gravel trucks pass two dozen homes on Wilbarger Bend Road

Eroded Property Values

Study estimate 15%-30% value loss within one mile of mining