Trail Planning
Valuation of Railroad Right of Way
This document from the Federal Transit Administration (FTA) provides support to grantees when real estate programs require the acquisition of real property interest owned by a railroad. It explains and outlines the necessity of developing a clear and understandable appraisal scope of work and describes the methodologies that may be most appropriate in arriving at a supportable market value. Experience has shown these types of valuation issues can be quite complex and a clear and understandable up-front agreement regarding the various valuation concerns can prevent later project delays.
Author: Federal Transit Administration
Publish Date:
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