Condemnation of land or mineral rights can be one of the most frustrating and time-consuming events that an owner can experience. It is no less frustrating or time-consuming for the condemning authority. We’ve appraised these assets for both parties and have shared their frustrations.
Gustavson Associates’ experience in eminent domain includes many years of appraisal and counseling in both the surface and the mineral estates involving partial and total takings. Our eminent domain experience in the surface estate includes takings for power line easements, subsurface easements for pipelines, air rights for bridges, open space and highway rights of way, reservoir and reclamation projects.
Our experience in eminent domain in the mineral estate includes takings of high-value industrial minerals, such as marble, high-grade limestone, oil and gas rights, , etc. We also have experience in the takings of high-bulk, low unit value minerals such as sand and gravel. In addition, we have appraised personal property consisting of severed minerals for eminent domain purposes.
 While most eminent domain cases settle out of court, we enter all eminent domain cases as if they were going into litigation. Thus, we are prepared for litigation support if needed. We have worked with and against some of the finest litigation attorneys in the country on eminent domain matters.
Our Chief Appraiser, Robert B. Frahme, MAI, CPG, CMA, brings over 15 year of experience in commercial real estate appraisal to bear on eminent domain assignments.
All of our appraisal work and reports comply with the Uniform Standards of Professional Appraisal Practice (USPAP), as promulgated by the Appraisal Foundation. In addition, all of our mineral appraisal reports and counseling comply with the standards set forth by the American Institute of Professional Geologists and the American Institute of Minerals Appraisers. |