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In this episode, David Dominy and Cameron Boone (two appraisers with JLL) discuss property access issues, and how changes in either the quality or quantity of access can impact valuation in eminent domain proceedings. Throughout, they distinguish control of access from circuity of travel issues, discuss a few of the key Texas legal principles and cases that define the scope of permitted access damages in condemnation cases, discuss the challenges of valuing a loss of access in the market, and provide examples from their experience.
Links:
David Dominy at JLL: https://www.us.jll.com/en/people/david-dominy
Cameron Boone at JLL: https://www.us.jll.com/en/people/cameron-boone
Episode 108: Mayor Steve Adler on the ED Podcast: https://podcasts.apple.com/us/podcast/special-joint-episode-with-the-infrastructure/id1437306753?i=1000599502892
State v. Schmidt (SCOTX, 1994): https://casetext.com/case/state-v-schmidt
Interstate Northborough v. State (SCOTX, 2001): https://casetext.com/case/interstate-northborough-v-state
TXDOT Manual on Access Management: https://onlinemanuals.txdot.gov/TxDOTOnlineManuals/TxDOTManuals/acm/manual_notice.htm
In this episode, David Dominy and Cameron Boone (two appraisers with JLL) discuss property access issues, and how changes in either the quality or quantity of access can impact valuation in eminent domain proceedings. Throughout, they distinguish control of access from circuity of travel issues, discuss a few of the key Texas legal principles and cases that define the scope of permitted access damages in condemnation cases, discuss the challenges of valuing a loss of access in the market, and provide examples from their experience.
Links:
David Dominy at JLL: https://www.us.jll.com/en/people/david-dominy
Cameron Boone at JLL: https://www.us.jll.com/en/people/cameron-boone
Episode 108: Mayor Steve Adler on the ED Podcast: https://podcasts.apple.com/us/podcast/special-joint-episode-with-the-infrastructure/id1437306753?i=1000599502892
State v. Schmidt (SCOTX, 1994): https://casetext.com/case/state-v-schmidt
Interstate Northborough v. State (SCOTX, 2001): https://casetext.com/case/interstate-northborough-v-state
TXDOT Manual on Access Management: https://onlinemanuals.txdot.gov/TxDOTOnlineManuals/TxDOTManuals/acm/manual_notice.htm