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QIRAM <br /> � wE N <br /> S► s �fl <br /> sOCIO� <br /> LOSS IN VALUE ANALYSIS <br /> The value of the taking is determined by the loss in value of the <br /> actual real estate relinquished. The loss of the trees and <br /> shrubs along the line is more difficult to analyze due to the <br /> location along the line and the exact location of those trees <br /> on the subject property or on the adjoining site. <br /> There is one large maple tree on the southwest corner of the <br /> property that deserves separate consideration. Based on data <br /> supplied by the Council of Tree and Landscape Appraisers, it is <br /> determined that the value of this specimen is $900. <br /> The trees offer some wind protection from the south but do not <br /> influence energy costs. The strip of land is not currently <br /> utilized for either driveway purposes or other access. The value <br /> of _the trees is estimated at $250 for--- the trees between 1115 <br /> Willow Drive and 1145 Willow Drive and $900 for the Large maple. <br /> The diminution in value is limited to the permanent taking of <br /> 2,175 square feet. The value of this land is estimated based on <br /> sales of similar sites in the area with similar amenities. The <br /> value of similar lands for construction of single family resi- <br /> dential housing units runs from 0.35 per square foot to 0.60 <br /> per square foot. The higher values are in the newer subdivisions <br /> and typically contain smaller cites thant he subject . It is <br /> reasonable, to estimate the value of the subject site at 0.40 <br /> per square foot . <br /> As a part of the process of determining the value of the taking, <br /> it is normal to consider if there is any loss in future use of <br /> the land as a result of the taking. After considering the loca- <br /> tion of the parcel to be acquired, its present and future impact <br /> on the value of the parcel as a whole, it is not deemed to be of <br /> considerable impact on the value of the entire parcel now or in <br /> the future. Therefore, no ."severance damage" is considered in <br /> the loss of the land for the permanent easement. This is a <br /> "partial" taking and will not adversely affect the remainder <br /> part of the property. Following is a computation of the value <br /> of the taking: <br /> -9- <br />