Replies to This Discussion

Permalink Reply by Bobi Carr ("parker") on November 17, 2008 at 5:29

Two Dogs,

I think that some are confussing a flow line with an interstate pipeline.

It all comes down to what the property itself is worth, and how much it devalues the overall value of the property.

But by getting some basic values on what has been paid to neighbors, we are in a better position to negoitate.

I know for sure that a 50' pipeline with 50' of workspace is worth a heck of a lot more than $25 per rod.

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Permalink Reply by Two Dogs, Pirate on November 17, 2008 at 5:39

I would think that an interstate pipeline would be worth some of the higher figures suggested by others to the poster. I think that $25 is kind of skimpy for a flowline but $50 across a hayfield is in line with most of the ROWs that I have bought in the past.

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Permalink Reply by The_Baron on November 17, 2008 at 5:45

I agree,

Also it should depend on the use and possible future use of the land.

I also agree with parker. A pernament 50' ROW is pretty big. thats over an acre of land for every 1000'.

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Permalink Reply by Bobi Carr ("parker") on November 17, 2008 at 5:58

In factoring the damages, one thing that is missed by many, is the impact that the ROW will have In diminishing the overall value of the property.

You can't just say, the property is worth $15,000 per acres so 2 acres for ROW is equal to $30,000. That just doesn't always compute.

That 2 acres (or 10 acres, etc.) could devalue the overall property significantly.

And even a hayfield can have future development value. Does anyone remember what was all over Southeast Shreveport and North Bossier just a few years ago? Hayfields! It's very important WHERE those hayfields are located. LOCATION, LOCATION, LOCATION.

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Permalink Reply by The_Baron on November 17, 2008 at 6:09

You can't build houses or walmarts over a ROW.

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Permalink Reply by jim donaldson on November 20, 2009 at 12:59

Yes you can!

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Permalink Reply by j garrett on November 20, 2009 at 13:16

No you can't.

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Permalink Reply by jim donaldson on November 21, 2009 at 8:00

Mr. Garrett, go to the mall in Bossier City and look around. You will notice pipeline markers. Guess what? There is a mall and parking lot and, well need I say more. There are buildings and structures on pipelines all over this great nation of ours. I don't know how long or what you have to do in the oil and gas industry, but I have well over 20 years in the business as an engineer, surveyor and right of way agent/supervisor/coordinator/project manager.

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Permalink Reply by j garrett on November 21, 2009 at 14:01

Whoever takes the easement owns the rights to whatever was granted in that agreement. Any future development would have to deal with the easement "owner", as well as the landowner if they intend to use land outside of the easement. If the easement owner says you are SOL, then you are SOL. Except, of course, in cases of imminent domain, whereby the gov't can take/use the land for PUBLIC, not private, purposes.

Permalink Reply by kittycatmama on November 28, 2009 at 12:28

Regarding constructing a home on a ROW--it depends on the PSI of the pipeline and the width of the easement. Homes have to be a certain distance away from the pipeline depending on the PSI of the pipeline. I know this for a FACT.

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Permalink Reply by Two Dogs, Pirate on November 17, 2008 at 6:47

I have placed clauses in ROW agreement that would require relocation of the line if there were changes in the development of the property. With a flowline that is possible but not with transmission lines.

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Permalink Reply by jim donaldson on November 20, 2009 at 12:59

Highest and Best Use

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