“What’s It Worth—Who Wants to Know?”: The Valuation of Real Property in Litigation
Probate and Property, January/February 2002, Volume 16, Number 1
By Michael Rikon
Often the value of real property is not simple to fix. We all recall the study of the legal dilemmas that faced Blackacre in law school, but the focus on the value of Blackacre is far more illusive. If beauty is in the eye of the beholder, then the value of real property often lies in the one who has title.