Frequently Asked Questions

An appraisal may consider more than the area physically acquired. Depending on the assignment and applicable law, valuation may involve the larger parcel, property rights taken, improvements, easements, temporary use, remainder damages, and benefits. Poseidon provides valuation services, not legal advice.

A partial taking occurs when a public project acquires only part of a property or certain rights in it. The valuation question often includes both the part acquired and whether the project changes the market value of the remainder.

The property is analyzed immediately before the acquisition and the remainder is analyzed after the acquisition and project, under the applicable assignment assumptions. The difference may capture the value of the acquisition together with supported damages or benefits.

Notice or offer, project plans, legal description, survey, title information, leases, prior appraisals, site plans, zoning and entitlement records, environmental materials, operating information, photographs, and correspondence relevant to the acquisition.