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Appraisal of 11.25 acres - vacant land - 1055 wildhurst trail
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Appraisal of 11.25 acres - vacant land - 1055 wildhurst trail
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Last modified
8/15/2023 7:19:49 AM
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12/13/2021 11:21:45 AM
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BETTENDORF ROHRER KNOCHE WALL,INC. <br /> Analysis Of Raw Acreage Comparable Sales - Continued <br /> 1 <br /> Parcel Size <br /> In general, as the size of a parcel decreases, the price per acre tends to increase. The <br /> 1 comparable sales range in size from eight acres to 15.83 acres. The subject raw acreage <br /> contains 10.19 acres. In our opinion, no significant adjustments for parcel size are indicated. <br /> Wooded Versus Non-Wooded <br /> In general, land parcels with a wooded terrain tend to be more desirable than open tracts. <br /> Upward adjustments are indicated to those comparable sales which have significantly less <br /> wooded areas than the subject property. <br /> Soil Conditions <br /> The subject soils are assumed to be stable and conducive to development. To our knowledge, <br /> each of the comparable sales had stable soils and no adjustments are indicated. <br /> View Amenities <br /> Lots 60 - 62 on the subject land have potential views of Forest Lake. Those parcels which do <br /> not have any particular view amenities receive an upward adjustment. Sale 4, per the selling <br /> agent, features a view amenity of a nearby lake and requires no adjustment. <br /> 1 <br /> I <br /> 1 <br /> I <br /> 47 <br />
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