Factors Affecting Appraised Values in Highway Land Acquisition Cases

Washington, Earl J.; Stokes, Robert W.

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Factors Affecting Appraised Values in Highway Land Acquisition Cases

1988-10-01
By Washington, Earl J. ; Stokes, Robert W.

File Language:

English

Details

Creators:

Washington, Earl J. ; Stokes, Robert W.
Corporate Creators:

Texas Transportation Institute. Texas A&M University
Corporate Contributors:

Texas State Department of Highways and Public Transportation ; United States. Department of Transportation. Federal Highway Administration
Subject/TRT Terms:

Appraisals Bus Stops Costs Highways Income Land Values Right Of Way (Land) Sales Valuation
Publication/ Report Number:

FHWA/TX-88/489-2F
Resource Type:

Tech Report
Geographical Coverage:

Texas ; United States
Edition:

Final Report: September 1985 - February 1988
Corporate Publisher:

Texas Transportation Institute. Texas A&M University
Abstract:

In 1984, Section 21.042 of the Texas Property Code was amended to allow for the benefit to a remainder of property condemned for highway purposes to be subtracted from the compensation paid for the part taken. Prior to this time, special benefits were allowed to be offset against damages to the remainder, but not against the value of the land taken. The overall goal of this research was to examine the impacts of this amendment on highway land acquisition cases. The amendment was declared unconstitutional in 1987. As a result, the immediate usefulness of the research has been reduced. However, the information presented should be useful to other State Departments of Highways and, possibly, the Texas State Department of Highways and Public Transportation (SDHPT) in the future. This report presents an overview of the highway right-of-way appraisal process, the role of the principal actors involved, and key factors which affect appraised values in highway condemnation cases.
Format:

PDF
Funding:

2-15-86-489
Collection(s):

US Transportation Collection
Main Document Checksum:

urn:sha-512:6c9d25fe7cc9a006bb32deeeb5c554c87191fb91b1af7bab3171f47e0ffbd191726c5f63e025e24c37d1ae5ea2afab9385862665053e43ddf7154d27ee9d77fc
Download URL:

https://rosap.ntl.bts.gov/view/dot/85004/dot_85004_DS1.pdf
File Type:

[PDF - 4.49 MB ]

File Language:

English

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