· 9/30/1968
Department of Highways v. Schulhoff
Citations
- 445 P.2d 402
- 167 Colo. 72
- 1968 Colo. LEXIS 591
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- highest and best use of property was gravel mining despite land currently being vacant and undeveloped
- because cost of subdividing is speculative, cannot value property as if subdivision had been accomplished
- because cost of subdividing is speculative, cannot value property as if subdivision had been accomplished
- “any reasonable future use ... may be considered in so far only as it may assist the jury in arriving at the present market value”
- whether sales of other properties are sufficiently similar and not so far removed in time as to make any comparison unjust or impossible is question directed to trial court’s sound discretion
- speculative or prospective values are not admissible in valuation proceeding
Source: CourtListener parenthetical corpus (CC0).
Judges: Day
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.