This chapter examines the valuation considerations for brownfields and other contaminated real estate, including issues such as stigma, appraisal standards and methods, and incorporates the impacts of the 2002 Brownfields Amendments on valuation practice. Additionally, this chapter presents examples of value-added opportunities in brownfield development, with a focus on aiding the brownfield investor, developer, or attorney with useful tools in the brownfield finance arena.
Author: John A. Kilpatrick
Originally published as Chapter 29 in Brownfields Law and Practice: The Cleanup and Redevelopment of Contaminated Land, Michael Gerrard, ed. (2011)