Laserfiche WebLink
ATTACHMENT <br />Conclusion <br />After adjustments for market conditions, the comparables establish a fair market <br />value range for the subject property between $309 and $479 per square foot as shown <br />in the following table. Comparable Nos. 1, 2 and 3 are rated inferior, while Comparable <br />Nos. 4 and 5 are rated superior. Based on the subject property's size, location and <br />condition, a value above $348 per square foot but below $461 per square foot is <br />indicated for the subject property. <br />A fair market value of $450 per square foot is concluded. Based on the preceding <br />investigation and analysis, the fair market value of the subject property, as of December <br />2, 2016, is calculated as follows: <br />INDICATED VALUE - SALES COMPARISON <br />APPROACH <br />1,311 SF X $450 PSF = $589,950 <br />ROUNDED <br />75G-12 <br />$590,000 <br />Indicated Values <br />Comparable <br />Overall <br />Indicated $/SF <br />No. <br />Comparability <br />4 <br />Superior <br />$479 <br />5 <br />Superior <br />$461 <br />Subject <br />$450 <br />2 <br />Inferior <br />$348 <br />3 <br />Inferior <br />$315 <br />1 <br />Inferior <br />$309 <br />A fair market value of $450 per square foot is concluded. Based on the preceding <br />investigation and analysis, the fair market value of the subject property, as of December <br />2, 2016, is calculated as follows: <br />INDICATED VALUE - SALES COMPARISON <br />APPROACH <br />1,311 SF X $450 PSF = $589,950 <br />ROUNDED <br />75G-12 <br />$590,000 <br />