Wetlands, Contaminated Property, and Eminent Domain Land Appraisals
In-depth treatment of these issues is beyond the scope of this book, but the following is an introduction. The effect that environmental issues can have on the value of land should not be underestimated, and wetlands are one of the more prevalent environmental detriments to land development.
Contamination is another environmental issue that can not only diminish the value of land but due to liability issues may actually render it worthless.
Eminent domain valuations for partial takings of land require a special type of government-mandated valuation process. That process can result in a value that is much different from other market value appraisals.