Nature of Acquisition: Horizontal bisection of 400 acres of agricultural land
Before Value of Property: $8,000/acre
After Value of Property: $6,000/acre
Conclusion: High Impact
Tip: When thinking about the effect of transmission lines on property values, always consider the value of the ENTIRE property before and after the acquisition.
Nature of the Acquisition: Partial bisection of 150 acres of development property
Before Value of the Property: $35,000/acre
After Value of the Property: $4,000/acre
Conclusion: High Impact. The highest and best use of the property changes.
Tip: Always ensure that you are valuing your property at its highest and best use–the use at which your property returns the most value.
Nature of the Acquisition: Transmission line abuts residence.
Before Value of Home: $150,000
After Value of Home: $40,000
Conclusion: High Impact. Residence loses significant value
Nature of the Acquisition: Powerline runs along the property line
Before Value of the Property: $8,000/acre
After Value of the Property: $7,000/acre
Conclusion: Moderate Impact.
Nature of Acquisition: No acquisition. Transmission line is adjacent to property and close to residence.
Before Value of Home: $165,000
After Value of Home: $78,000
Conclusion: High Impact BUT NO COMPENSATION.
Tip: Before attempting to move the transmission line off of your property, remember that you run the risk of suffering many of the same economic impacts without any of the compensation. A transmission line is NOT obligated to pay you if the acquisition is off the property.
Sever Storey is not paid by the hour. We are paid on a contingency fee. This means that we are ONLY paid if you receive more money than you were initially offered. We only take a fee on the money we ADD to your case.
If you have any questions regarding your Wind Catcher transmission line easement, please contact us for a free review. We will gladly examine any offer made by Wind Catcher for free and give our unbiased opinion. If you have any questions or would like a free case analysis, call George Padgitt at any time at 614-360-2818 or contact him by email at firstname.lastname@example.org.
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Before going alone against the State let us give you our opinion. It is our pledge that we will provide a free case review for any individual or business facing eminent domain or condemnation. Contact us now at 888-318-3761