The prior post addressed soils, which is one of several important components for determining if wetlands are present. In the absence of a wetlands delineation (which can cost upwards of $30,000), we appraisers are left with having to determine wetlands and development potential ourselves.
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The Realities of Marina Land – Part 2 of 6
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Posted by John Simpson
Of all the factors that affect the building potential of a marina site, what one factor is the most critical? In my opinion, it's the soil characteristics. The soil classifications for a marina are frequently a mystery to marina owners and they are frequently overlooked by assessors. Fortunately, thanks to our friends at the USDA.
Read moreThe Realities of Marina Land – Part 1 of 6
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Posted by John Simpson
Having taken off the past two weeks from blogging to prepare for a big Court Case involving marina land, I've some observations I'd like to share. With the exception of certain select areas of the country (Florida in particular), there is a very large disconnect between marina owners, tax assessors and appraisers when it comes.
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