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DEPARTMENT OF TRANSP. v. BYRUM

No. 862SC74.

345 S.E.2d 416 (1986)

DEPARTMENT OF TRANSPORTATION v. William D. BYRUM and wife, Estelle W. Byrum; J. Larkin Little, Trustee; Home Federal Savings & Loan Association of Eastern Carolina; Foreman's, Inc.; Steve Hampton Plumbing & Supply Company; and George Owen.

Court of Appeals of North Carolina.

July 15, 1986.

Attorney(s) appearing for the Case

Atty. Gen. Lacy H. Thornburg by Sp. Deputy Atty. Gen. Robert G. Webb, Raleigh, for plaintiff-appellee.

Pritchett, Cooke & Burch by W.W. Pritchett, Jr., Windsor, Charles W. Ogletree, Columbia, for defendants-appellants.

JOHNSON, Judge.

In defendants' sole Assignment of Error, they contend the court committed reversible error by ruling that the expert testimony of Jack A. Williford was inadmissible for the purpose of establishing fair market value of the land at issue. Specifically, defendants contend that the capitalization of income approach utilized by Mr. Williford as his method of appraisal is a proper method in determining fair market value in condemnation cases. We disagree...

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