Valuation of Real Estate with Easement

This article deals with the easement valuation. The increased level of real estate with easement identification has prompted the reason of appraising such real estate. The article introduces the definition of and easement, all its properties and categories, because a proper understanding of all easement affections leads to better valuation. The basic principles of easement valuation focused on steps of easement valuation are also described in this article. At the end the Mr. Sherwood's easement valuation matrix is introduced and described with the definition of percentage of fee for different types of easement and different deepness of encumbrance. (C) 2015 Published by Elsevier B.V.