Commercial Appraisals, Development, Real Estate Appraisal, Real Estate Tips

How Easements and Rights-of-Way Affect Property Value

Most improved real properties and many vacant tracts can only be sold subject to existing easements. Appraisers identify existing easements and consider their effect on value whenever a market value definition is part of an assignment. Easements and rights-of-way often influence how real property can be used and may even affect a property’s ownership cost.