How has the value of a parcel of land been determined in real estate law in the context of real estate transactions?
British Columbia, Canada
The following excerpt is from Cyprus Anvil Mining Corporation v. Dickson, 1982 CanLII 741 (BC SC):
To the same effect is Fraser v. R., 1963 CanLII 75 (SCC), [1963] S.C.R. 455, 40 D.L.R. (2d) 707, where, again, the special adaptability of the land being taken was considered in fixing its value.
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