Eminent Domain is a term used when a city or state agency needs to take a portion or all of a property for the benefit of the community, such as road widenings, drainage improvements, or road projects. Since city and state agencies typically pay the least amount possible due to public funding, it is crucial for individuals to retain a professional appraiser to prepare an independent appraisal.
Eminent Domain appraisals demand specialized valuation techniques and deep understanding of land use law. Our professionals at Moody Williams have extensive experience in providing these types of appraisals and also in providing expert witness testimony when required (mediations, courtroom, etc).
