Tag: nuisance
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Real Estate Expert’s Use of the Sales Comparison Approach is Permissible
Residents near a biomass power plant in Madison County, Georgia, owned and operated by the defendants, allege that the plant’s noise, vibrations, light, smoke, and soot are negatively impacting their property values. They have filed nuisance and negligence claims. The Defendants are challenging the admissibility of the Plaintiffs’ expert witness, real estate appraiser Kenneth Cantrell,…
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Real Estate Valuation Expert Witness’ Testimony on Appreciation Impairment Damages Admitted
108 named Plaintiffs admitted that they purchased their Shipyard properties for residential purposes. Plaintiffs each bought units on Parcel A of the former Hunters Point Naval Shipyard (“HPNS”). HPNS is a Superfund site where Tetra Tech EC, Inc. (“TtEC”) conducted environmental remediation work in certain areas years before the Plaintiffs bought their units. Plaintiffs now…
