EMINENT DOMAIN APPRAISAL AND CONSULTING

When the state of Colorado, a local government body, or a statutory authority is exercising the power of eminent domain to take or condemn a property – whether for an easement, right-of-way, redevelopment or any other scenario – there is typically a need for eminent domain appraisal services.  
 
Government bodies or agencies lacking in-house appraisers often outsource their eminent domain appraisal needs.  Even those that have adequate resources will often engage third party appraisers, such as James Real Estate Services, Inc. to provide validation, oversight or unbiased appraisal review.
 
Impacted property owners often obtain an independent and unbiased eminent domain appraisal in order to verify the fairness of the initial offer put forth by the condemning authority. Independent valuation addresses property-specific features, real estate market conditions, highest and best use considerations and other value drivers that could result in a different estimate of value.
 
James Real Estate Services (JRES) is an experienced partner you can rely on for eminent domain consulting and appraisal services.  We have over 20 years experience in eminent domain appraisal and have provided litigation support for a multitude of property types and client types.
 
Our team of experts can provide:
  • Value individual properties or consult on appraising rights of way and corridors
  • Consult and advise regarding identification of larger parcel for eminent domain appraisal
  • Select appropriate valuation methodology given the appraisal problem 
  • Conduct due diligence into property specific physical, legal and governmental constraints
  • Evaluate property value trends over historical time periods
  • Review appraisal reports and provide expert witness testimony
   

 

 

>> Learn more about why you should choose JRES