Estimating the Cost of Right-of-Way Acquisitions Along Texas Corridors

Kockelman, Kara M.; Caldas, Carlos H.; Zhang, Zhanmin; Gao, Lu; Escatel, Raquel

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Estimating the Cost of Right-of-Way Acquisitions Along Texas Corridors

2006-08-01
By Kockelman, Kara M. ; Caldas, Carlos H. ; Zhang, Zhanmin

File Language:

English

Details

Creators:

Kockelman, Kara M. ; Caldas, Carlos H. ; Zhang, Zhanmin ; Gao, Lu ; Escatel, Raquel
Corporate Creators:

University of Texas at Austin. Center for Transportation Research
Corporate Contributors:

Texas Department of Transportation. Research and Technology Implementation Office ; United States. Department of Transportation. Federal Highway Administration
Subject/TRT Terms:
Publication/ Report Number:

FHWA/TX-07/5-4079-01-1
Resource Type:

Tech Report
Geographical Coverage:

United States ; Texas
Edition:

March 2006-August 2006
Corporate Publisher:

Texas. Department of Transportation
Abstract:

Right-of-way (R/W) acquisitions can be a significant component of a project’s total cost. When owners reject the compensation offered for their properties as insufficient, the project comes to a halt until an agreement can be reached and increased funding can be obtained. Moreover, the process of condemnation can delay project completion. The availability of accurate and consistent estimation tools is therefore essential to planning projects, meeting budget constraints, and avoiding project delays. In 2002, the Texas Department of Transportation (TxDOT) embarked on Research Project 0-4079, in which 285 R/W records from six major districts were used to investigate the relationship between parcel characteristics and parcel taking cost along Texas corridors. From these R/W records, hedonic price models were developed to serve as a cost estimation tool for R/W acquisitions. As a follow up, Implementation Project 5-4079 was commissioned in 2005 with the purpose of testing and re-calibrating the price models using data from an additional 500 parcels in five other different districts.
Format:

PDF
Funding:

5-4079-01
Download URL:

https://rosap.ntl.bts.gov/view/dot/87331/dot_87331_DS1.pdf
File Type:

[PDF - 5.60 MB]
Collection(s):

US Transportation Collection
Main Document Checksum:

urn:sha-512:c16df19d3f87aaf0369383fbb01a49cc87b51741b170ea5da09fd8397f3940f643b31fa949d482bce2c0d3b42ee4f9831174d42e843b86f22ac94b209142ff5d

File Language:

English

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