the appraisal problem, what is the interest to be valued?
simple, easement, license, permit, lease?
the interest partial based upon the physical bundle of rights (physical), or
(time), or both?
the interest permanent, temporary, or both?
is the interest two dimensional or three dimensional?
the available market data available to solve the problem?
data, secondary data, public record data.
ultimate formula to quantify the value of the interest may resemble the Cost,
Income Capitalization, and/or ATF, or require a hybrid.
line, you may have to think outside the box, don’t be restricted by the three
Tunnel Under the Golden Triangle...What's a Right of Way Under Prada Worth?
Fast Train to Sin City - Dirt in the Desert - Xpress West High Speed Rail
Dirty Business of Trash Hauling - Burrtec Apple Valley Franchise
of the Public Right of Way - Cable Company Infrastructure (TWC, Charter, Comcast)
SPEAKER BIO: APPRAISAL
and Managing Partner of Thompson & Thompson, established 2020. Entered the
appraisal field in 1989, and was with the appraisal firm of Mason and Mason
from 1991thru 2019, Corporate Partner 2006 thru 2019. Functions include
research, consulting, appraisal report preparation, and expert testimony for a
variety of property types, including industrial, commercial, retail, office,
vacant acreage, and single and multi-family residential properties. Property
valuations for eminent domain both full and partial acquisitions, inverse
condemnation, property tax appeals, possessory interests, asset management, and