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Power Line Easement

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Mountain Man

Elite Member
Joined
Jan 15, 2002
Professional Status
Certified General Appraiser
State
Georgia
Got a good attorney client that we are trying to put something together this week for a taking due to power lines. Anyone have good data on damages. Not on just the part being taken (2 acres), but how it would effect the surronding area. This tract would most definately be hurt as the taking is on the best part of the land, cutting the tract in half, and leaving the boogy bottom, un-buildable part to the owner. GTC only offered to pay for the easement, not damages. Since this is a State project, damages are allowed.

I remember an article from the AI some months back about this, but do not remember when or where I saw it.
 

Rick Wood

Freshman Member
Joined
Feb 14, 2003
Professional Status
Certified General Appraiser
State
Florida
M Leggett:

I know how to do this kind of work. If you want to call me we can discuss it some more. I used to work in a real estate department for an electric utility and this was a common issue.

Rick Wood B)
813-901-0098
 

Mountain Man

Elite Member
Joined
Jan 15, 2002
Professional Status
Certified General Appraiser
State
Georgia
Thanks.
Will call in the morning, headed out to a meeting.
 

Mike Garrett RAA

Elite Member
Gold Supporting Member
Joined
Jan 14, 2002
Professional Status
Certified Residential Appraiser
State
Colorado
Wouldn't think that would be something you could do quickly.
 

bobbannon

Freshman Member
Joined
May 17, 2003
Professional Status
Certified General Appraiser
State
Alaska
As a new fellow, it seems like you should determine overall value before the take, then overall value after the take, subtract the latter from the former, and the difference = value taken. Of course, it may be wise to consult with folks who have done a few of these before, in order to best serve the client. In fact, that possibly is required ethically.
 

Frederick R. Ruffell

Senior Member
Joined
Jan 21, 2002
Professional Status
Certified General Appraiser
State
California
Bobannon,
There is more to it than that
1 Value the whole
2 value the part taken as part of the whole (excluded in Alabama and federal cases)
3 Value of the remainder as part of the whole
4 is there severance damage
5 Does the remainder benefit from the property being taken
6 what is the just compensation
 
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