When we bought our house there was a large orange grove in back of us and an abandoned right-of-way (21 feet) between us and the orange grove. Last summer we got a deed from the developers of our subdivision for the 21 feet that was between us and the orange grove. The orange grove has been leveled (not a tree left standing which annoys me a lot) and they are building very expensive houses on teeny tiny lots. Some of the 18 people on my street which fronts the orange grove had put fences or other property on their 21 feet and the developer tried to haul it off - claiming that the developer had no right to deed the property to us. The developer is now convinced that we in fact own that 21 feet and he is offering us $2,500 for it. What it seems to boil down to is that he can't build about 20 or 21 houses without our land. I don't think $2,500 is adequate compensation. I'd rather keep it and plant a vegetable garden. Hopefully the neighbors are getting together to present a united front.
What are your thoughts on how to proceed and can you venture a guess (I know it's a guess) as to what that property might be worth, bearing in mind that not granting him the land could cause him not to be able to build about 20 houses.
Thanks for your input.
What are your thoughts on how to proceed and can you venture a guess (I know it's a guess) as to what that property might be worth, bearing in mind that not granting him the land could cause him not to be able to build about 20 houses.
Thanks for your input.