tough one
We bought a peice of waterfront property last year. We bought an existing home but a lot was subdived and sold that was originally part of our parcel. With the new lot comes 50 feet of waterfront but no way to get to it which is where we come in. The developer would like us to move some fencing about 3 feet and give the potential owners a right of way to get to the water. I need to know how much I should ask and if there are appraisers out there that can help me validate a number.
Part of me wants to tell him tough luck but if we end up liking the new owners we will let them cross and get nothing for it. I should also add that this in on the Merrimack River and we have 350 ft frontage and an acre+ lot so they will not be right on top of us.
I know this group will have some thoughts. Thanks in advance for the help.
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