Laserfiche WebLink
<br />30ft' Fi" No. Vl-CÇ.,Sg-08% P~a~ :i:? <br /> <br /> <br />I General Ted Addendum <br />. La~d: S~LES COHP~~ISOS ~~~RO~CE - <br /> <br /> <br />TriE T~~EE SALES UTIL!ZED IN TnE S_~ES CCM?~qISON APPROACH TO VALUE ~~~ CONSIDE~D TO 33 Tr3 HOST REC~, <br />RELIA3LS, ~'¡D REQUIRED THE LE:."'.ST ;"'!OUNT O? NET A."""D OVERALL ADJUSTMEi'ITS. ADJ"U'SD!E:.'ITS ;.,"3RE NECSSSA?Y ?OR <br />OBVIOUS :1."'.?iŒl' RSCOGN'IZED DI:FER~,CES IN nŒ SUBJ'?CT A.'ID EACH 0: THE :-'-::REE SA.:.ES. :-.£ READSR SnOULD NOTE <br />THAT PROPERTIES SIMIL",-q TO TnE S~J3J3CT 00 NOT APPE:.",-q ON T:-Œ OPEl', REAL ESTATE XA..'<...'<ET ON ~" EVERYDAY BASIS, <br />THUS Hn.-DERING THE COMP~~LE SSLECTION PROCESS. T:":E SUBJECT'S BEING .; LAND è-CCiŒD ?~qCEL HI~""DERS IT'S <br />ži:IGHEST ~\ID ass!:' USE DUE TO ITS !..IMIT3D ACCESS ~m RESULTING V!SIASI!..!7Y FROM .; /d.AJOR T:,",OROUGn:~'<.S. T:-Œ <br />T,;.:REE SALES UTI!..!ZSD E:."'iJOY ACCSSS A:."""D V!SIABILITY :ROM A MAJOR T:-!OROUGH:.",-qS ~;:) ~'Œ NOl' I.A..\ID LOCKED. T:-Œ <br />ži:IGHEST AND BEST USE: 0: THE SUBJECT ?~qcs!.. IS FOR ASSSHBLAGE ?ú""RWSES BY ~" ~"'JOINI~G PROPE:RTY OWNER, <br />T:-;:US ITS H."'-.'<...'<ET VALUE IS A DIRECT RESULT O? WHAl' T:-3 ADJACE.'IT PROP3RTY OI-t~R IS ,,!LLI~G TO PAY FOR T:Œ <br />Su~JECT TRACT. IN DEVELOPING A VALü~ CONCLUSION, /d~~'3T RECOGNIZED DI:?ERENCSS IN T:-3 Sü~JECT A:.'ID EACH <br />OF T:-{E T:B.EE SALES WERE EXTR."'.CTED. TIŒ A.'!otj'NT 0: EACH ADJUSTMENT WAS DETER.'ojI~"3D BY 1"~"-'<ET R.,XTIACTION A."""D <br />.--- T'..-Œ APPRAISER'S EHPIRICAL KNOI-t"LE::GS 0: T:-Œ SUBJECT !-'.A.tt.'3'!'. EACH 0: T:-Œ T:-iREE SAL3S I-t"3RE ADJüS7ED 51; FOR <br />T'..-ŒIR SUPERIOR LOCATION ALONG hu""SR ROAD. AN ADJO'STMIDIT WAS ALSO NEC:::SSAH.Y ?OR SIZE DIF:E~CES IN 1:G <br />Sú~JECT A."""D EACH OF TdE T:-iREE SAL3S. ALL T:-:REE COMPA..qþ"BLBS WERE ADJUSTED FOR T:£IR SUP3RIOR ."'.CC3SS VIA A <br />PúöLICALLY H."'.I~iAINED ROADWAY. IN CONCLUSION, ALL T:-iREE SALES ~~RE GI'~ EQQ~ CONSIDSRATION IN T:~ <br />?INAL VALUE CONCLUSION AS THEY ."'.DJUSTED TO A REl.ATIVELY N~tt.~OW VALtm RA..'iGE. 1':£ INCOI".3 APPROAC:r WAS NOT <br />DEVELOPED AS SITES SIMILA..~ TO 1':£ SUBJECT 00 NOT G~r3.."V..'!'3 A RELIABLE r.;COHE ST?3A.."I IN ;.ŒICH TO <br />CAPITALIZE. 1"'-.3 COST APPROACH TO VALUE "AS NOT D3"'/"3LOP3D AS TIGRE ."'..'<.S NO IM?ROV3H~,S IN WInCH TO <br />CONSIDER REPL"'.C~ENT COST. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Graham & Asscciates, Inc. <br />furm TADO - 'TOTAL 2CCQ for Wi.rx'J;ws' appraisa sctt1¥2fC by a \a mcœ, rc. -1-&O-lliMOOE <br />