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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 /> Lot Sales Analysis - Continued <br /> Topography <br /> The subject lot has a steeply sloping topography which drops about 45' from rear to front. Level <br /> parcels are more easily developed and more readily marketable. Downward adjustments are <br /> made to each of the comparables for their superior topography. <br /> ' Utilities <br /> Each of the comparable lots had public sanitary sewer but no public water availability. No <br /> adjustments are made for utilities in comparison to the subject lot. <br /> Zoning <br /> The subject lots were all zoned for single family use. No significant differences for zoning <br /> designations are indicated. <br /> Wooded Vs Non-Wooded <br /> The subject is a wooded site which generally is more desirable than an open parcel. An <br /> adjustment is made to Sale 3 which is a generally open lot. <br /> Lot Valuation Summary <br /> ' The comparable lot sales have been adjusted for various factors and the adjusted indicators <br /> range from $0.70 to $1.01/SF. In our opinion, a reasonable valuation of Lot 58 can be made as <br /> follows: <br /> 46,036 SF @ $0.90/SF = $41,432 <br /> Rounded: $41,000 <br /> Indicated Market Value Lot 58: $41,000 <br /> ' 56 <br />
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