[RACooper]

Up here in Toronto if the city is goinging to seize land/homes for development they usually give the open market value of the property - as of a year or two prior to annoucing their intention of expropiating the property.... or 80% of the current market value... interestingly enough which ever seems to be the greater value.

Toronto might be doing just that in my neighbourhood, to install a rapid transit rail link to the airport - so I'm getting to see all the steps involved in the city seizing land for development purposes.