Treaty Land Entitlement Claim – Manitoba
The Challenge
This particular project required our team to estimate the market value of reserve land shortfall under an extraordinary assumption at two different valuation dates. In addition, we were required to estimate the value of the loss of use of that land between the 1876 historic date and the current date to prepare for submission to the Specific Claims Tribunal. The valuation involved the extraordinary assumption that 128 acres of reserve land were to be set aside for each band member, not the 32 acres specified in the treaty.
The result
Negotiations are ongoing.
Services
– Historical and current market value research
– Research on waterfront and rear land values
– Understand complex economic history
– Develop a loss of use model based on historical real estate values
– Provide an estimated value of shortfall in Treaty Entitlement Land and loss of use of that land from time of treaty to current date
