AWS specializes in the preparation of Market Data and Impact Studies for linear right of way projects. We have extensive experience having provided research and analysis on numerous pipelines and electric transmission lines across the nation.
Market Data Studies require research of market data along the entire alignment of a project. AWS analyzes the data in order to provide price ranges for the various affected properties, thus enabling the client to rely on market evidence when establishing compensation offers.
Included in the Market Data Studies are discussions relating to the various factors affecting real estate prices in the area such as size, location, and physical characteristics. These discussions assist the users in understanding the divergences in offers for properties along the right of way.
Impact Studies are used to measure any potential impact on property values a project might impose. These studies are often prepared in tandem with the Market Data Studies as the data is relevant for both analyses. The “crux” of right of way valuation is based on the “before and after” appraisal methodology and an Impact Study is imperative for the “after” valuation. The comparison and analysis of this data will assist in determining the impact of the project.