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03-03-1996 WS
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03-03-1996 WS
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Last modified
1/28/2025 4:46:43 PM
Creation date
6/19/2018 8:08:37 AM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
3/3/1996
Supplemental fields
City Council Document Type
City Council Packets
Date
3/3/1996
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Conclusion <br /> 11111 <br /> In correlating the three approaches into a final estimate of value, we have considered the purpose <br /> of the appraisal, the age and type of property and the adequacy of data processed in each of the <br /> three approaches. These considerations influenced the weight to be given each approach. <br /> In our opinion, most weight should be given to the Sales Comparison Approach, with secondary <br /> consideration given to the Income and Cost Approaches. As a result of this appraisal, it is our <br /> opinion that the estimated market value of the fee simple interest as of February 20, 1996 is as <br /> follows: <br /> THE INDICATED VALUE AFTER CONSIDERING ALL APPROACHES IS: <br /> EIGHT HUNDRED THOUSAND DOLLARS <br /> ($800,000) <br /> -9 7- <br />
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