• Creative Valuation Approaches for Difficult Properties
  • March 14, 2012 | Authors: Anthony F. Della Pelle; Harry J. Riskin
  • Law Firm: McKirdy and Riskin P.A. - Morristown Office
  • Value can be hidden below the surface. Oil must be drilled for many miles below the earth’s surface, while diamonds must be mined. Although a property may not instantly reveal the best way to appraise or value it for just compensation purposes, a little digging into how market participants actually determine a property’s utility may provide insight into methods of valuation that are distinct from the standard price per square foot or price per acre units of comparison utilized in “ordinary” cases.