Winni Hobo Railroad

tis · 06-15-2023, 05:22 AM

I wonder if there are any statistics on if a truly fair price is paid in an eminent domain situation. Or do people have to give their land up for a pittance?

I know there were a couple of people in this group who were in involved. I hope they update us.

John Mercier · 06-15-2023, 09:54 AM

It is by market rate.

tis · 06-15-2023, 03:18 PM

Quote:

Originally Posted by John Mercier

It is by market rate.

How is market rate determined? It is supposed to be based on highest and best use. I know from personal experience we were offered one tenth of what an appraiser valued our land at.

fatlazyless · 06-15-2023, 05:16 PM

Here's something that may be of interest ....... go to www.railstotrails.org ..... 2/3-way down the page, enter your zip code at "Find Your Trail Experience" to see the three rail trails closest to you. You could be surprised to find a rail trail, right here, in New Hampshire that you were unaware.

John Mercier · 06-15-2023, 09:45 PM

Quote:

Originally Posted by tis

How is market rate determined? It is supposed to be based on highest and best use. I know from personal experience we were offered one tenth of what an appraiser valued our land at.

It is done by appraisal much the same as getting a bank appraisal... or if up-to-date even a property tax appraisal.

Trail Goer · 08-01-2023, 09:02 AM

Rumor mill - I guess the Hobo & Winnipesaukee Scenic railroads are for sale, and it explains some of the reasons for this year's odd ball scheduling for both railroads. It appears a buyer is already under agreement for both and currently going through the approval process.

Patofnaud · 08-01-2023, 11:02 AM

Thanks TG, good to know.

I know that the rails are still maintained from Lakeport up to Plymouth as the Hobo RR does run up to Common Man during the fall. I see the yellow rail maintenance pickup about once a week pass by.

Trail Goer · 08-04-2023, 09:44 AM

They actually lease and maintain the line down to Lochmere (Silver Lake Rd). South of that, and down into Concord, is leased to the New England Southern Railroad.

John Mercier · 08-04-2023, 11:54 AM

Is that for the rail bikes?
I don't think the train itself has travelled any further than Lakeport for awhile now.

Trail Goer · 08-04-2023, 10:07 PM

The railbikes are part of the services offered by the railroad but trains still operate between Lochmere and Lakeport and just this week they sent three privately owned passenger cars down that had been stored up in Lincoln, NH for the past 20+ years. I saw them heading down towards Manchester and we're on the end of a long freight train.

06-15-2023, 05:16 PM	#4
fatlazyless Senior Member Join Date: Apr 2004 Posts: 9,173 Blog Entries: 1 Thanks: 310 Thanked 1,103 Times in 812 Posts	..... a NH rail trail near you? Here's something that may be of interest ....... go to www.railstotrails.org ..... 2/3-way down the page, enter your zip code at "Find Your Trail Experience" to see the three rail trails closest to you. You could be surprised to find a rail trail, right here, in New Hampshire that you were unaware. __________________ .... Banned for life from local thrift store!

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06-15-2023, 05:22 AM	#1
tis Senior Member Join Date: Jan 2006 Posts: 6,946 Thanks: 795 Thanked 1,493 Times in 1,040 Posts	I wonder if there are any statistics on if a truly fair price is paid in an eminent domain situation. Or do people have to give their land up for a pittance? I know there were a couple of people in this group who were in involved. I hope they update us.

06-15-2023, 09:54 AM	#2
John Mercier Senior Member Join Date: Jun 2021 Posts: 3,991 Thanks: 3 Thanked 680 Times in 562 Posts	It is by market rate.

08-01-2023, 09:02 AM	#6
Trail Goer Senior Member Join Date: Aug 2018 Location: New Durham Posts: 186 Thanks: 126 Thanked 99 Times in 60 Posts	Rumor mill - I guess the Hobo & Winnipesaukee Scenic railroads are for sale, and it explains some of the reasons for this year's odd ball scheduling for both railroads. It appears a buyer is already under agreement for both and currently going through the approval process.

08-01-2023, 11:02 AM	#7
Patofnaud Senior Member Join Date: Feb 2015 Location: Tilton/Paugus Bay Posts: 242 Thanks: 15 Thanked 65 Times in 46 Posts	Thanks TG, good to know. I know that the rails are still maintained from Lakeport up to Plymouth as the Hobo RR does run up to Common Man during the fall. I see the yellow rail maintenance pickup about once a week pass by.

08-04-2023, 09:44 AM	#8
Trail Goer Senior Member Join Date: Aug 2018 Location: New Durham Posts: 186 Thanks: 126 Thanked 99 Times in 60 Posts	They actually lease and maintain the line down to Lochmere (Silver Lake Rd). South of that, and down into Concord, is leased to the New England Southern Railroad.

08-04-2023, 11:54 AM	#9
John Mercier Senior Member Join Date: Jun 2021 Posts: 3,991 Thanks: 3 Thanked 680 Times in 562 Posts	Is that for the rail bikes? I don't think the train itself has travelled any further than Lakeport for awhile now.

08-04-2023, 10:07 PM	#10
Trail Goer Senior Member Join Date: Aug 2018 Location: New Durham Posts: 186 Thanks: 126 Thanked 99 Times in 60 Posts	The railbikes are part of the services offered by the railroad but trains still operate between Lochmere and Lakeport and just this week they sent three privately owned passenger cars down that had been stored up in Lincoln, NH for the past 20+ years. I saw them heading down towards Manchester and we're on the end of a long freight train.