Eminent Domain Valuation Services
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The Eminent Domain Valuation Services are under the direct supervision of N. Richard Boutin, Jr., MAI. Mr. Boutin has been President of the firm since 1987 and through the reorganization in March, 2008. His experience and expertise involve general real estate
analysis with an emphasis on eminent domain valuation. Specific expertise within the field of eminent domain include the analysis and valuation of various types of property subject to condemnation proceedings, assistance of legal counsel on independent cases and
providing expert witness testimony in valuation matters. Assignments in which participation has been involved include roadway projects for public and private concerns, downtown redevelopment, utility easement valuation and consulting with government agencies regarding right of way acquisition, design and budgeting.
This office is routinely faced with unusual property situations as a result of partial acquisitions by condemning authorities. As a result, this firm has conducted and maintains a variety of studies in an effort to deal with unusual appraisal situations. Examples of the studies include parking studies to determine the value of facilities with reduced parking, access studies with regard to lost or reduced access, residential yard depth studies for homes adjacent to major roadways and front-land/back-land studies to establish the value
of land-locked parcels.