· 6/8/1978
Correia v. New Bedford Redevelopment Authority
Citations
- 377 N.E.2d 909
- 375 Mass. 360
- 1978 Mass. LEXIS 994
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- analyzing testimony of real estate experts on multiple approaches to the issue of fair market value
- analyzing testimony of real estate experts on multiple approaches to the issue of fair market value
- judge has discretion to permit some flexibility in expert testimony on valuation where special conditions exist
- best measure of value of property taken was current cost of reproducing it with deduction for pre-taking depreciation from deterioration and obsolesence
- although cognizant that cost reproduction data does not always reflect meaningful measure of value, trial judge should be allowed to exercise discretion in determining when special conditions exist so as to justify use of such data
- valuation of unusual property may require unusual approach
Source: CourtListener parenthetical corpus (CC0).
Judges: Quirico, Braucher, Wilkins, Liacos
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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