Right of Way Appraisals

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Right of way: narrow strips, wide effects

Corridor projects take land in long thin pieces. The acreage is small and the consequences are not, because a strip across the front of a property touches access, setbacks, parking and everything the frontage supported.

What is distinctive

Why corridor acquisitions are valued differently in practice

A right of way acquisition is still a partial taking and still governed by the before and after method. What distinguishes it is the geometry. The land acquired runs along a boundary, usually the most valuable boundary, and its removal rearranges the relationship between the property and the road it depends on.

Agencies acquiring hundreds of parcels for a single corridor also work at volume. Appraisals are often prepared to a standard format on a programme basis, which is efficient and tends to produce consistency rather than accuracy on the parcels that are not typical. A property with an unusual configuration, an existing non conforming setback or a commercial use dependent on its entrance is exactly the kind of parcel a programme appraisal handles least well.

Interests acquired

What a corridor project typically takes

InterestWhat it means for the owner
Fee simple stripTitle transfers; the land is no longer yours in any respect
Permanent easementTitle remains, use is restricted permanently
Temporary construction easementUse of an area during construction, then returned
Access control lineA line along which access to the road is extinguished
Slope easementPermanent right to maintain an embankment or cutting

Questions about right of way takings

The agency says everyone on this road is being offered the same rate per square foot

A uniform unit rate is reasonable for the land itself and tells you nothing about severance damages, which depend on what the strip did to each particular property. The two should not be confused.

My building is now closer to the road than the ordinance allows

Raise it. A legal non conforming status limits rebuilding and alteration rights, and that limitation is a loss in value that belongs in the after value.

They want a temporary easement for eighteen months. Is that paid separately

Yes. It is normally compensated as the rental value of the area for the term, plus the cost of restoring the ground. For a commercial yard in constant use, the figure can be significant.

Get a valuation question answered

If an offer has arrived and the number does not match what you believe the property is worth, the appraisal behind it is the place to look. Start with the pages below.

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