Methods of Valuing Properties Without Compare: Special Use Properties in Condemnation Proceedings

摘要

Frequently a government authority with emi - nent domain power condemns for public use a prop - erty that the owner has improved or adopted for a unique purpose. The most prevalent examples of unique purpose. The most prevalent examples of such properties are churches, schools, cemeteries, and certain commercial enterprises. Surprisingly, the valuation methods a court will consider for such properties can vary widely. For example, in some cases, a commercial landfill can be valued using the marker data approach and no other.