We represent the former owners of property in Delaware County, Pennsylvania. A Township condemned the property and claimed that the property was worth only $1.26 Million.
A Board of View Hearing was held which lasted four days. Both sides presented fact and expert witnesses including appraisers and zoning experts. Our appraiser testified the fair market value of the property was $6 Million.
Last week the Board of View issued its decision. They awarded the entire $6 Million to our clients. The Report of the Board stated that the decision was made “after a full and impartial consideration of all the testimony submitted to them; after careful review of the subject property as appropriated by the Township of Haverford, and acting in accordance to their best judgment”.
Articles regarding this case can be found at:
www.mainlinemedianews.com/articles/2011/03/16/main_line_times/news/doc4d80a2c59454d334142055.txt
http://www.philly.com/philly/news/20110317_Value_of_plot_Haverford_bought_is_disputed.htm
delcotimes.com/articles/2011/03/20/opinion/doc4d856d7b240cb460653052.txt