Frank Bertrand
Junior Member
- Joined
- Aug 21, 2002
- Professional Status
- Certified General Appraiser
- State
- Pennsylvania
whats the value of an easement? value of parcel BEFORE the taking (easement) minus the value AFTER the taking.
I disagree that landlocked parcels are 'complex'. It's up to where the comps are. I do about 3-4 landlocks a year, and the county calls them 'rear land sales' with no front, so comps are not that hard to find as the county can pull up all rear sales at will. Thus the data is easily obtainable (at least here)
Besides, there is a whole genere of easement, right of way, landlocked appraising. Residential business drying up?... they will always build roads, condemn land, and need a value on a forced easement. Try the International Right of Way Association (IRWA) via Google.
Courts will assign an easement here in pa. Value of easement comes from the federal condemantion rule in the most part, as stated above.
Alan, I suggest that you see if your courthouse records rear land sales. Absent that, look at bare land sales in the county and match them to the plat maps. Perhaps you can determine rear land sales from the maps and sales. It's time consuming, but that's how I do it. Much, if not all depends on your info sources.
I disagree that landlocked parcels are 'complex'. It's up to where the comps are. I do about 3-4 landlocks a year, and the county calls them 'rear land sales' with no front, so comps are not that hard to find as the county can pull up all rear sales at will. Thus the data is easily obtainable (at least here)
Besides, there is a whole genere of easement, right of way, landlocked appraising. Residential business drying up?... they will always build roads, condemn land, and need a value on a forced easement. Try the International Right of Way Association (IRWA) via Google.
Courts will assign an easement here in pa. Value of easement comes from the federal condemantion rule in the most part, as stated above.
Alan, I suggest that you see if your courthouse records rear land sales. Absent that, look at bare land sales in the county and match them to the plat maps. Perhaps you can determine rear land sales from the maps and sales. It's time consuming, but that's how I do it. Much, if not all depends on your info sources.