Tag: impaired properties
BNSF Railway’s Massive Cleanup of Released Oil in Skykomish, Washington
Skykomish is a small town with about 200 residents in the Mount Baker-Snoqualmie National Forest...
Read MoreContingent Valuation and Real Estate Damage Estimation
Real estate appraisal practice stresses three traditional approaches (cost, sales comparison, and income) to value contaminated properties. This paper discusses a fourth approach: the contingent valuation method (CVM). This...
Read MoreValuing Brownfields
The appraisal adds significantly to the overall brownfield evaluation and potential adaptive reuse in numerous ways. The appraisal can and should be viewed as a decision-making tool to optimize financial decisions regarding...
Read MoreApplication of Repeat Sales Analysis to Determine the Impact of a Contamination Event
Prior studies of environmental contamination examine the cross-sectional impacts, either through a sales-comparison-type model or hedonic pricing. Neither model is robust at analyzing the impact of an event, such as a...
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