Near Goderich Sale Price: $910,000. Near Kincardine Sale Price: $590,000. Near St. Marys Sale Price: $850,000. Emily Township Sale Price: $2,000,000
|
|
- Jonah Bryant
- 5 years ago
- Views:
Transcription
1 1 Date of Sale: April 2002 Near Goderich Sale Price: $910,000 The 35.0 acres site has 1,331 feet of river frontage and is improved with a 172 site campground that features a 1,768 square foot house, a store/recreational building of 1,446 square feet, a 640 square foot washroom and laundry building, a 150 square foot washroom facility, a 432 square foot office building, a 288 square foot fifth wheel trailer, a 640 square foot maintenance shed, a 20 x 40 in ground pool, a 144 square foot mobile home, a children s play area, a sports field and a ball diamond. This park is located adjacent to a river. Transfer of Shares. Site Size (Sq.Ft.): Gross Income Multiplier: 4.55 No. of Units: 172 Overall Capitalization Rate: 10.8% Sale Price Per Unit: $5, Date of Sale: April 2001 Near Kincardine Sale Price: $590,000 The acre site is improved with a 185 site campground that features a 653 square foot washroom building, a 782 square foot workshop, a 147 square foot laundry building, a 20 x 40 swimming pool, a 288 square foot washroom and pumphouse, a 453 square foot recreation hall, a mobile home of 1,083 square feet, a mobile home of 1,344 square feet, a shuffleboard court, a beach volley ball court, a basketball court and horseshoe pits. Sold on the MLS System as real estate. Site Size (Sq.Ft.): Gross Income Multiplier: 3.82 No. of Units: 185 Overall Capitalization Rate: 11.68% Sale Price Per Unit: $3, Date of Sale: February 2002 Near St. Marys Sale Price: $850,000 The 50 acre park contained a 194 site campground that included a combination living quarters/recreational hall, store and washroom building, a swimming pool, an open pavilion, maintenance shed, shuffleboard courts, horseshoe pits. Sold through the MLS system as real estate. Site Size (Sq.Ft.): Gross Income Multiplier: 4.10 No. of Units: 194 Overall Capitalization Rate: 12.9% Sale Price Per Unit: $4, Date of Sale: October 2000 Emily Township Sale Price: $2,000,000
2 The acre was improved with a 400 site campground that included a 1,380 square foot home, a shower/bathroom building, a cottage of 860 square feet, a 7,430 square foot recreational hall, a basketball court, an eighteen hold mini-golf course,, shore frontage along the Pigeon River, a pond with a beach area, recreational hall in poor repair, a swimming pool, hot tub, two washroom buildings and a 5.5 acre pond for swimming and fishing including a beach and docking and a boat launch. The park was on a septic/holding tank system.. This is a premium park. Sold through the transfer of shares. Site Size (Sq.Ft.): Gross Income Multiplier: 3.09 No. of Units: 400 Overall Capitalization Rate: 10.8% Sale Price Per Unit: $5, Date of Sale: October 2001 Wheatley Sale Price: $1,500,000 The 58.0 acre was improved with a 324 site campground that included 6 playgrounds, one baseball diamond, one soccer field, two basketball courts, two shuffle board courts, one volleyball court, two badminton areas, one croquet area, hiking trails, one horseshoe pit, 1200 feet of beach frontage, cabins, a store, a workshop, a laundry room, a picnic shelter building, a gate house, washroom buildings and a water treatment building. The park was on municipal water. The park was on a /holding tank and septic tank system.. Sold through a transfer of shares. Site Size (Sq.Ft.): Gross Income Multiplier: 3.66 No. of Units: 324 Overall Capitalization Rate: 11.7% Sale Price Per Unit: $4, Date of Sale: May 2002 Port Franks Sale Price: $900,000 The acre was improved with a 308 site campground that included a 6,840 square foot multi-function store, office, etc, two swimming pools, a playground, horseshoes, a volley ball court, and a shuffleboard court.. Sold through the transfer of shares. Some motivation was involved in this sale. The park was on septic tank and beds. There were only 202 sites deemed usable in the park. Site Size (Sq.Ft.): Gross Income Multiplier: 2.14 No. of Units: 202 Overall Capitalization Rate: 13.2% Sale Price Per Unit: $4,455.45
3 Index Date of No. of Sale Price Cap. Address Sale Price G.I.M. No. Sale Units Per Unit Rate 1 April 2002 Goderich 172 $910,000 $5, % 2 April 2001 Kincardine 185 $590,000 $3, % 3 February 2002 St. Marys 194 $850,000 $4, % 4 October 2000 Emily 400 $2,000,000 $5, % 5 October 2001 Wheatley 324 $1,500,000 $4, % May Port Franks 202 $900,000 $4, % Description of Improvements The subject property is improved with a 187 site campground with 25 extended stay sites(10 months) with 30 ampere, water and sewer, 14 transient sites with 30 to 50 ampere, water and sewer, 86 seasonal sites with 30 ampere service, water and sewer, two cabins(1@583 square feet and square feet), 20 tenting sites, 7,539 square foot workshop/recreational hall/store/office/pool building, a 2247 s quare foot house with an attached 575 square foot garage and 60 illegal seasonal sites that have 15 to 50 ampere service with water and sewer but can be used for transient sites only. The campground offers swimming in a 27 acre lake that is 15 feet deep, a sports court, a 20 foot x 50 foot swimming pool with a hot tub, a soccer field, a badminton area, a playground, horseshoes, arcade games, hiking and fishing. Scoring of the Index Properties The following is the rationale for scoring the index properties. General Location This variable is referencing the general community or area in which the indexes are located. Index #1 was given a score of 5 because it is located near a good river and is close to some major communities. Index #2 was given a score of 3 for average. It was in an area that was somewhat isolated even though it was located south of Kincardine and near a golf course and not far from Lake Huron. Index #3 was given a score of 5 for good because it is location near St. Marys and Stratford. Index #4 was given a score of 4 which is slightly above average. This park is located in the
4 Kawarthas but far from major communities. Index #5 was given a score of 3 despite the fact that it is outside of Wheatley. The area is rather desolate. Index #6 was given a score of 4 for above average because it is located in the Port Franks/Grand Bend area which is a favourite resort area. Use Potential This variable is concerned with the uses of the comparables. Use Potential is a reflection of municipal land use policy in the form of a zoning by-law. All the indexes were given a score of 3 each. They all had the potential to be improved with a campground use. Gross Income This variable is referencing the amount of gross income being generated by the comparable sales. The average gross income was $339,824. Indexes #1 and #3 had gross incomes that were below the average and were given a score of 2 each. Index #2 had a gross income that was lower than Indexes #1 and #3 and was given a score of 1. Index #4 had the largest gross income and it was given a score of 6. Index #5 had a gross income that was slightly above the average and was given a score of 4. Index #6 was given a score of 5 because its gross income was above the average. Adjacent Water This variable is reflecting the close proximity to a natural water source other than a swimming pool. If the Index was located near a natural water source it was given a score of 5. If the Index was not located near a natural water source it was given a score of 3. Indexes #1, #4 and #5 are located near water and were given a score of 5. Every other index was given a score of 3 with the exception of Sales #2 and #6. These latter two sales were given scores of 4 each. House This variable is reflecting the differences between campground that have a house or some other type of accommodations for the owner. A house is a definite asset to a campground. If a campground had a house it was given a score of 5. If the campground had a trailer it was given a score of 3. If the campground had an apartment for the owners it was given a slightly higher score. Indexes #1 and #4 had houses and were given scores of 5 each. Index #2 had a trailer for the owners and was given a score of 3. This would be similar to Index #6. Index #3 had an apartment for the owners use and this sale was given a score of 4. Index #5 was given a score of 1 because the owners had a cottage to live in. This sale was given a score of 3.
5 General Amenities This variable is ascertaining if there is a relationship between the overall amenities that are within the parks such as a swimming pool and other recreational activities. Indexes #1, #3, #6 and #7 were given scores of 3 each. Index #2 had very little amenities and was given a score of 1. Index #4 had lots of amenities and was given a score of 5. Quality Score Weighing The scoring of the variables ( ) is based upon two factors: b. Judgement. b. The average of one of the variables (gross income). The different scores of the variables ( ) produce a weight for each of the variables. This weight is in effect the importance that each of the variables played in determining the adjusted selling price per site of the comparable indexes. These weights are expressed as a percentage. These weights are determined by using a Mathematical Solver program that is specifically designed to calculate the lowest difference between two numbers. The solver is calculating the optimum weight for each variable that represents the lowest difference between the selling prices of the indexes. An adjusted selling price per unit of comparison is known as the Adjusted Price Per Point Per Site because these weights are multiplied by each score ( ) of the variables, then added together, and divided into the selling price per site of each index. Commentary about the Weights Extracted from the Comparable Indexes The weights that are extracted from the sales indicate that the most important was General Location, Gros s Income, Adjacent to Water and General Amenities. This seems to make some sense considering the nature of campgrounds. All of the weights would add up to 100%. The weights can be viewed on the Quality Point spreadsheet located within the Income Approach Section of this report. Testing the Quality Point (QP) The valuer has scored ( ) the variables of each index and has used a Solver to aid in calculating an adjusted selling price per site per point. Even though the Solver program produces an adjusted selling price per point per site, the valuer does not know if this adjusted selling price per point per site is accurate since they were based upon judgement. The values does not know if the adjustments ( ) are correct. In order to determine whether or not the valuer made the correct choices in the scoring of the
6 variables, a test called a Residual Test will be performed. Residual means left over. The residual or left over will be the difference between the actual selling price of the comparable indexes and their predicted price. This Residential Test is shown on the spreadsheet as the Prediction Residual Analysis. If there is too much residual or left over between the selling prices of the indexes and their predicted selling prices than the scores ( ) and the adjusted selling price per point per site range are incorrect. However, this needs to be qualified and can reflect the type of property that is under appraisement as well as the differences between the units of comparison of the indexes. The testing process for the QP is extremely important because not all the scoring is based upon a mathematical average of the various attributes. Dr. Whipple who teaches out of Curtin University in Australia said it best about the residual analysis of the QP model. Finally, residual analysis is a most important component of the technique. The assumption underlying the sales comparison approach is that recent buyer behaviour toward comparable sold properties will be the same as for the subject property. Residual analysis shows how well the model replicates the prices fetched for the comparable. If the replication is good, then the expectation is that it will produce an acceptable prediction of price for the subject property if the analogy has been validly constructed. Few valuers test the logic they adopt on actual transactions-this method allows them to do so and is a most desirable feature. The ultimate test of any method is the extend to which it produces results consistent with reality : Property Valuation and Analysis, The Law Book Company Limited, Since the weights produced by the Solver are directly related to the predicted scores of the indexes it is important to review the weighted outcomes of the QP model. On the opposite page is the Quality Point Rating Analysis Grid. After the predicted index prices of the indexes were determined, the results were compared to their actual selling prices. The results are shown below: Index No. Selling Price Per Site(After Quantitative Adjustments) Predicted Selling Price Per Site Variance 1 $5, $5, % 2 $3, $ % 3 $4, $4, % 4 $5, $5, % 5 $4, $4, % 6 $4, $4, % The QP Model predicts the value of the six indexes within 0.75% to 4.03%. Considering the type
7 of indexes that was used in the report, the results are within acceptable valuation parameters and could not be obtained by the traditional Direct Comparison Approach to Value(paired-indexes, superior/ similar/inferior) methods of adjustments. Since the scoring of the indexes has predicted a value for each sale (2.79% on average), then the same scoring method can be applied to the subject property for a prediction of value.
The purpose of the appraisal was to determine the value of this six that is located in the Town of St. Mary s.
The purpose of the appraisal was to determine the value of this six that is located in the Town of St. Mary s. The subject property was originally acquired by Michael and Bonnie Etta Mattiussi in August
More information1. There must be a useful number of qualified transactions to infer from. 2. The circumstances surrounded each transaction should be known.
Direct Comparison Approach The Direct Comparison Approach is based on the premise of the "Principle of Substitution" which implies that a rational investor or purchaser will pay no more for a particular
More informationJohn Grant Taylor Grant
MERCED RIVER RV RESORT 7765 Campground Road, Delhi, CA 111 FHU RV Sites + Manager Mobile Home 50 Amp Electric, Septic & Well, New Expansion 39 Acres, 15 Acres Developed, Expansion Potential Clubhouse,
More informationREO AUCTION. 427 Fortsville Rd Gansevoort, NY For a video tour, please visit: September 19-21, 2016
REO AUCTION September 19-21, 216 www.ten-x.com/commercial (171 FULL HOOK-UP/173 PART HOOK-UP/3 CABINS) For a video tour, please visit: https://youtu.be/qwtotmhsumm 427 Fortsville Rd Gansevoort, NY 12831
More informationFollowing is an example of an income and expense benchmark worksheet:
After analyzing income and expense information and establishing typical rents and expenses, apply benchmarks and base standards to the reappraisal area. Following is an example of an income and expense
More informationBasic Appraisal Procedures
Hondros Learning Basic Appraisal Procedures Timed Outline Topic Area Reference(s) Learning Objectives The student will be able to identify and/or apply: Teaching Method Time Segment (Minutes) Day 1 Chapter
More informationMACOMB COUNTY, MICHIGAN MANUFACTURED HOME COMMUNITIES RENT SURVEY FEBRUARY 2014
MACOMB COUNTY, MICHIGAN MANUFACTURED HOME COMMUNITIES RENT SURVEY FEBRUARY 2014 JLT & ASSOCIATES A Real Estate Market Research Company On behalf everyone at JLT & Associates, it is my pleasure to present
More information10 July 8, 2015 Public Hearing
10 July 8, 2015 Public Hearing APPLICANT & PROPERTY OWNER: OUTDOOR RESORTS OF VIRGINIA BEACH CONDOMINIUM ASSOCIATION, INC. REQUEST: Conditional Use Permit (Recreational Resort Community) ADDRESS / DESCRIPTION:
More informationMOBILE HOME PARKS AND CAMPGROUNDS PROGRAM SUPPLEMENTAL APPLICATION (Complete in addition to ACORD General Liability Application)
Mid Valley General Agency LLC 888 Madison St NE, Ste 100, Salem, OR 97301 Phone: 888-565-7001 Fax: 888-265-7353 quotes@midvalleyga.com MOBILE HOME PARKS AND CAMPGROUNDS PROGRAM SUPPLEMENTAL APPLICATION
More informationWASHINGTON COUNTY CODE CHAPTER 21 PLANNING AND PARKS
WASHINGTON COUNTY CODE CHAPTER 21 PLANNING AND PARKS 21.01 PUBLIC WORKS COMMITTEE 21.02 POWERS OF PUBLIC WORKS COMMITTEE 21.03 DUTIES OF PUBLIC WORKS COMMITTEE 21.04 REFERRALS TO PUBLIC WORKS COMMITTEE
More informationJohn Grant Taylor Grant
BASS LAKE RV RESORT 39744 Road 274, Bass Lake, CA Only 14 Miles to South Entrance to Yosemite 170 FHU RV Sites with 50 Amp Electric 4 Mobile Homes & 16 Park Model Cabins Large Clubhouse, Swimming Pool,
More informationFEDERAL ENERGY REGULATORY COMMISSION
OFFICE OF ENERGY PROJECTS FEDERAL ENERGY REGULATORY COMMISSION Washington, D. C. 20426 Project No. 2785 Michigan Sanford Project Boyce Hydro Power, LLC Mr. Lee W. Mueller January 28, 2014 Co-Member Manager
More informationActon/Los Angeles North KOA
Offering Memorandum KEVIN BURGER 949.860.9820 office 949.375.1301 mobile 800.605.1939 fax BRE License # 01441685 Kevin@CalComAdvisors.com Investment Analysis Investment Analysis Income 2013 2012 2011 Current
More information2+ Acre Scenic Lot with Lake View
2+ Acre Scenic Lot with Lake View Dickerson Real Estate 254-485-3621 pauladonaho@gmail.com Property Address 3290 Beacon Lake Bluff Dale, Texas 76433 Property Description 2.02 Scenic Acres with a Beautiful
More informationCORPORATION OF THE TOWNSHIP OF LEEDS AND THE THOUSAND ISLANDS BY-LAW
CORPORATION OF THE TOWNSHIP OF LEEDS AND THE THOUSAND ISLANDS BY-LAW 16-025 BEING A BY-LAW TO ADOPT A TANGILBLE CAPITAL ASSET POLICY FOR THE TOWNSHIP OF LEEDS AND THE THOUSAND ISLANDS. WHEREAS Section
More informationCOMPARATIVE METHOD OF VALUATION
COMPARATIVE METHOD OF VALUATION BSc Property Studies Year 1 5 th October 2013 Comparative method of Valuation Comparative method is used as a basis in all methods of valuation and compares like with like.
More informationprocedures Basic Appraisal F i n a l Examination #2 2 nd edition
F i n a l Examination #2 A n s w e r Key Page 82 1. When determining effective gross income from potential gross income, an appraiser considers a. debt service. b. depreciation. c. fixed expenses. d. vacancy
More informationUniform Residential Appraisal Report (URAR) Model Appraisal
Basic Appraisal Procedures Residential Applications & Model Appraisals 15-13 Uniform Residential Appraisal Report (URAR) Model Appraisal On the following pages are examples of a completed Fannie Mae/Freddie
More informationconcepts and techniques
concepts and techniques S a m p l e Timed Outline Topic Area DAY 1 Reference(s) Learning Objective The student will learn Teaching Method Time Segment (Minutes) Chapter 1: Introduction to Sales Comparison
More informationJohn Grant Taylor Grant
BASS LAKE RV RESORT 39744 Road 274, Bass Lake, CA Only 14 Miles to South Entrance to Yosemite 170 FHU RV Sites with 50 Amp Electric 4 Mobile Homes & 16 Park Model Cabins Large Clubhouse, Swimming Pool,
More informationMunicipality of Northern Bruce Peninsula Planning Report Application: Minor Variance
Municipality of Northern Bruce Peninsula Planning Report Application: Minor Variance File No.: A-05-2010.62 Date: June 14, 2010 -------------------------------------------------------------------------------------------------------------------------------------------------------
More informationRe-sales Analyses - Lansink and MPAC
Appendix G Re-sales Analyses - Lansink and MPAC Introduction Lansink Appraisal and Consulting released case studies on the impact of proximity to industrial wind turbines (IWTs) on sale prices for properties
More informationALL FIELDS DETAIL MLS # Residential Lot QUEENSMOOR ROAD. Address 2 SECTION A - LOT 34 Travelers Rest. Zip Area 012
ALL FIELDS DETAIL MLS # 1247295 Status Active Type Residential Lot Address 14 QUEENSMOOR ROAD Address 2 SECTION A - LOT 34 City Travelers Rest State SC Zip 29690 Area 012 Class Lots/Land Listing Price
More informationBUSI 352. Review & Discussion Questions: Answer Guide 7. Lesson 7: Appraising Waterfront Residential Properties Review & Discussion Questions
BUSI 352 Review & Discussion Questions: Answer Guide 7 Lesson 7: Appraising Waterfront Residential Properties Review & Discussion Questions 1. (a) The natural boundary is the property line for properties
More informationUse of Comparables. Claims Prevention Bulletin [CP-17-E] March 1996
March 1996 The use of comparables arises almost daily for all appraisers. especially those engaged in residential practice, where appraisals are being prepared for mortgage underwriting purposes. That
More informationBEAUTIFUL 1 ACRE WATERFRONT LOT
BEAUTIFUL 1 ACRE WATERFRONT LOT Dickerson Real Estate 254-485-3621 pauladonaho@gmail.com Property Address 6445 COMPASS WAY Bluff Dale, Texas 76433 Property Description Make this your showplace. 1.01 acre
More informationBUSI 330 Suggested Answers to Review and Discussion Questions: Lesson 10
BUSI 330 Suggested Answers to Review and Discussion Questions: Lesson 10 1. The client should give you a copy of their income and expense statements for the last 3 years showing their rental income by
More informationTHE VALUATION ANALYST
USER MANUAL Companion Spreadsheet for the book: THE VALUATION ANALYST Research in Extracting Adjustment Rates by David A. Braun, MAI, SRA, AI-GRS. The Compass Spreadsheet copyright 2016 by Automated Valuation
More informationREPORT ON: VALUATION APPROACH AND METHODOLOGY FOR SPECIALISED AIRFIELD ASSETS (RUNWAY, TAXIWAYS AND APRONS) BY PROFESSOR TERRY BOYD 3 AUGUST 2001
REPORT ON: VALUATION APPROACH AND METHODOLOGY FOR SPECIALISED AIRFIELD ASSETS (RUNWAY, TAXIWAYS AND APRONS) WITH REFERENCE TO THE COMMERCE COMMISSION DRAFT REPORT ON PRICE CONTROL STUDY OF AIRFIELD ACTIVITIES.
More informationWATERFRONT COMMERCIAL DEVELOPMENT PERMIT AREAS
Official Plan Intent By-law Discussion Paper # 19 WATERFRONT COMMERCIAL DEVELOPMENT PERMIT AREAS Meeting Dates: March 7, March 20, April 3, April 4, April 16 April 25 and May 7, 2002 To recognize waterfront
More information4 Boulderwood Road Halifax, NS, MLS
4 Boulderwood Road Halifax, NS, MLS 201715496 5 Bedrooms 4 Baths Your private oasis awaits. Absolutely stunning property with views of the (3.5km) Northwest Arm, part of Halifax Harbour. The Northwest
More informationHOLLEY NAVARRE WATER SYSTEM, INC. IMPACT FEE POLICIES, PROCEDURES & CALCULATIONS
HOLLEY NAVARRE WATER SYSTEM, INC. IMPACT FEE POLICIES, PROCEDURES & CALCULATIONS EFFECTIVE: AUGUST 4, 2017 REVISED: NOVEMBER 9, 2017 8574 Turkey Bluff Road, Navarre, FL 32566 Phone: (850) 939 2427 Fax:
More informationCHAPTER 11 TOWN OF LISBON ZONING ORDINANCE
SECTION 9 UC UPLAND CORRIDOR DISTRICT (a) (b) Purpose and Intent Upland Corridor District, as mapped or intended to be mapped, includes non-wetland/non-floodplain primary or secondary environmental corridors
More informationWATERS EDGE VILLA VILLA PHOTO RESORT CONTACT INFORMATION TOUR INFORMATION OIL NUT BAY
WATERS EDGE VILLA Villa Overview 2,724 Square Feet (253 Square Meters) / 4 Bedrooms + 4 Full & 1 Half Bathrooms / Sleeps 8 Infinity Pool / Access to private Beach Club and Restaurant Perched high on the
More informationVACANT LAND/MULTI-FAMILY Data Input Form SWMRIC (All Required Fields in Gray)
MLS # Assigned by Computer County Name: Tax ID: (Enter Tax ID without hyphens, ex: 111868900036000) Check if New or Under Construction Mailing Address: Street # - Modifier: - Direction: Street Name: Suffix:
More informationCourse Income Approach To Value. Course Description
Course 102 - Income Approach To Value Course Description The Income Approach to Valuation is designed to provide the students with an understanding and working knowledge of the procedures and techniques
More informationLand / Site Valuation A Basic Review. Leslie G. Pruitt Certified General Appraiser
Land / Site Valuation A Basic Review Leslie G. Pruitt Certified General Appraiser Whose is the land, it is to the sky and the depth Whose is the land, it is to the sky and the depth This ancient maxim
More informationFinancial Bootcamp. Participant Guide SAMPLE
Financial Bootcamp Participant Guide September 2017 2017 National Apartment Association 2 Table of Contents Section 1: Welcome... 6 Participant Introductions... 6 Learning Goals and Objectives... 6 Section
More informationDevelopment Impact Fee Study
Development Impact Fee Study Prepared for: Tega Cay, South Carolina July 8, 2018 4701 Sangamore Road Suite S240 Bethesda, MD (301) 320-6900 www.tischlerbise.com [PAGE INTENTIONALLY LEFT BLANK] Development
More informationCITY OF CROSSLAKE FEE SCHEDULE EFFECTIVE APRIL 9, 2018 ADMINISTRATION FEE SCHEDULE
CITY OF CROSSLAKE FEE SCHEDULE EFFECTIVE APRIL 9, 2018 ADMINISTRATION FEE SCHEDULE ITEM DESCRIPTION FEE CEMETERY Cemetery Plot for Resident/Property Owner $250 Cemetery Plot for Non-Resident $500 Staking
More informationMEMORANDUM OF UNDERSTANDING BETWEEN: MUNICIPALITY OF THE DISTRICT OF LUNENBURG
MEMORANDUM OF UNDERSTANDING BETWEEN: MUNICIPALITY OF THE DISTRICT OF LUNENBURG, a municipal body corporate, pursuant to the Municipal Government Act, S.N.S., 1998, chapter 18, with its office in the Town
More informationSEASONAL CAMPING AT CORPS PROJECTS
SEASONAL CAMPING AT CORPS PROJECTS The entity(ies) responsible for operating outgranted campgrounds are referred to as "Lessee(s)" and are defined as those campgrounds operating under park and recreation
More information5 Acre Homesite in Mt. Lakes
5 Acre Homesite in Mt. Lakes Dickerson Real Estate 254-485-3621 pauladonaho@gmail.com Property Address 1150 Autumn Valley Bluff Dale, Texas 76433 Property Description Come see this 5 scenic acres with
More informationPREPARING FOR THE MINNESOTA INCOME PROPERTY CASE STUDY EXAM WORKSHOP
PREPARING FOR THE MINNESOTA INCOME PROPERTY CASE STUDY EXAM WORKSHOP Date: September 18, 2018 Location: Country Inn & Suites Chanhassen, MN Instructor: Bob Wilson, CAE, ASA Revised October, 2017 PREPARING
More informationLand/Lot For Sale Data Input
* = Required Field Land/Lot For Sale Data Input Listing Contract Information General Property Info Adult 55 Gated Horse Property Seasonal On leased Land *Sub Property Type *Property ID No: *Listing *Expiration
More informationIREDELL COUNTY 2015 APPRAISAL MANUAL
STATISTICS AND THE APPRAISAL PROCESS INTRODUCTION Statistics offer a way for the appraiser to qualify many of the heretofore qualitative decisions which he has been forced to use in assigning values. In
More informationLand and Property Portfolio
Land and Property Portfolio This portfolio provides information about exclusive Land and Property available In Hua Hin, Thailand. Bids are currently being accepted on all listed Lots. Contents 3. Plot
More informationORDINANCE COMMITTEE AGENDA
CITY OF EDWARDSVILLE Plan Commission ORDINANCE COMMITTEE AGENDA MEETING DATE: Monday, March 12, 2018 TIME: PLACE: 6:00 P.M. City Hall Committee Meeting Room I. CALL TO ORDER II. III. STAFF PRESENTATION
More informationTHE CLIFF PENTHOUSE SUITE
THE CLIFF PENTHOUSE SUITE Villa Overview 1,334 Square Feet (123.9 Square Meters) / 1 Bedroom + 1 Full & 1 Half Bathrooms / Sleeps 2 Infinity Pool / Access to private Beach Club and Restaurant Reaching
More informationInitial sales ratio to determine the current overall level of value. Number of sales vacant and improved, by neighborhood.
Introduction The International Association of Assessing Officers (IAAO) defines the market approach: In its broadest use, it might denote any valuation procedure intended to produce an estimate of market
More informationTOWN OF PAYSON DEVELOPMENT FEE STUDY LAND USE ASSUMPTIONS, INFRASTRUCTURE IMPROVEMENTS PLAN, AND DEVELOPMENT FEE REPORT
TOWN OF PAYSON DEVELOPMENT FEE STUDY LAND USE ASSUMPTIONS, INFRASTRUCTURE IMPROVEMENTS PLAN, AND DEVELOPMENT FEE REPORT Prepared for: May 15, 2014 4701 Sangamore Road, Suite S240 Bethesda, MD 301.320.6900
More informationTHE APPRAISAL OF REAL ESTATE 3 RD CANADIAN EDITION BUSI 330
THE APPRAISAL OF REAL ESTATE 3 RD CANADIAN EDITION BUSI 330 REVIEW NOTES by CHUCK DUNN CHAPTER 19 Copyright 2010 by the Real Estate Division and Chuck Dunn. All rights reserved CHAPTER 19 - DEPRECIATION
More informationRelationship of age and market value of office buildings in Tirana City
Relationship of age and market value of office buildings in Tirana City Phd. Elfrida SHEHU Polytechnic University of Tirana Civil Engineering Department of Civil Engineering Faculty Tirana, Albania elfridaal@yahoo.com
More informationI R V. where I = Annual Net Income, R= Capitalization Rate and V= Value
Income Approach to Valuation Capitalization (Cap Rates) the short version! Capitalization is the process of converting net income into a meaningful value that correlates net income to the value of the
More informationCalifornia Real Estate License Exam Prep: Unlocking the DRE Salesperson and Broker Exam 4th Edition
California Real Estate License Exam Prep: Unlocking the DRE Salesperson and Broker Exam 4th Edition ANSWER SHEET INSTRUCTIONS: The exam consists of multiple choice questions. Multiple choice questions
More informationUrban Land. Overview 2.1
Overview 2.1 This chapter contains the valuation procedures for determining the assessed value for residential and commercial land valued using the cost approach. SAMA s 2015 Cost Guide provides direction
More informationGary Banner, CCIM Vice President Garry Cuff, CCIM Vice President
OFFERING MEMORANDUM Gary Banner, CCIM Vice President +1 702 836 3716 Gary.Banner@colliers.com Garry Cuff, CCIM Vice President +1 702 836 3716 Garry.Cuff@colliers.com executive summary PROPERTY: Desert
More informationASSESSMENT REVIEW BOARD. The City of Edmonton JASPER AVENUE Assessment and Taxation Branch
ASSESSMENT REVIEW BOARD Churchill Building 10019 103 Avenue Edmonton AB T5J 0G9 Phone: (780) 496-5026 NOTICE OF DECISION NO. 0098 101/11 CVG The City of Edmonton 1200-10665 JASPER AVENUE Assessment and
More informationCABARRUS COUNTY 2016 APPRAISAL MANUAL
STATISTICS AND THE APPRAISAL PROCESS PREFACE Like many of the technical aspects of appraising, such as income valuation, you have to work with and use statistics before you can really begin to understand
More informationDemonstration Properties for the TAUREAN Residential Valuation System
Demonstration Properties for the TAUREAN Residential Valuation System Taurean has provided a set of four sample subject properties to demonstrate many of the valuation system s features and capabilities.
More information2+ Acre Scenic Lot in Mt. Lakes
2+ Acre Scenic Lot in Mt. Lakes Dickerson Real Estate 254-485-3621 pauladonaho@gmail.com Property Address 0 Anchors Way Bluff Dale, Texas 76433 Property Description Scenic 2.009 acre lot in Mountain Lakes.
More information6808 SOUTHVIEW TERRACE
6808 SOUTHVIEW TERRACE Outdoor Living at its best! FOR SALE $549,500 Outdoor living is a main focus of this home in ground pool with wet bar and BBQ area on deck, separate secluded hot tub and mountain
More informationApplication of the Residual Approach to Value
August 1993 Application of the Residual Approach to Value The method most appropriate for the valuation of vacant sites with development schemes in place is the Residual or Development Approach. The method
More informationRequired Fees for Properties
Required Fees for Properties 2BR Condo POA Dues - $160.49/month for exterior building and grounds maintenance, landscaping, common area lighting, cleaning and maintenance, common area liability insurance,
More informationMETHODOLOGY GUIDE VALUING MOTELS IN ONTARIO. Valuation Date: January 1, 2016
METHODOLOGY GUIDE VALUING MOTELS IN ONTARIO Valuation Date: January 1, 2016 AUGUST 2016 August 22, 2016 The Municipal Property Assessment Corporation (MPAC) is responsible for accurately assessing and
More informationLAND LISTING SHEET. TOWN ZIP ZIP+4 STREET # Pre Direction STREET NAME Street Type Street Direction Unit# BOOK PAGE
LOCATION INFORMATION LAND LISTING SHEET STATE COUNTY TOWN ZIP ZIP+4 STREET # Pre Direction STREET NAME Street Type Street Direction Unit# BOOK PAGE MAP Block LOT ZONING ZONING OVERLAY Yes No SITE Agriculture
More informationEXHIBIT A FOR HAMILTON PLACE RPUD
EXHIBIT A Regulations for development of the Hamilton Place RPUD shall be in accordance with the contents of this RPUD Document and applicable sections of the LDC and Growth Management Plan (GMP) in effect
More informationTOWN OF LEE NOBLE FARM DEVELOPMENT PARTNERSHIP
TOWN OF LEE NOBLE FARM DEVELOPMENT PARTNERSHIP NOBLE FARM - APPROX 90 ACRES DEVELOPMENT PROCESS WHAT WE ARE Local Developer with a track record in Lee and the area Innovative & imaginative Experienced
More informationA North Woods Group Listing - 8/23/2011. Would you like additional information about real estate? Call/text Pete Hillside Drive
13669 Hillside Drive Community Tahoe Donner MLS # 20110891 13669 Hillside Drive Asking Price $158,000 Original Price $158,000 TOPOGRAPHY Downslope, Gentle GREENBELT HOA Dues Amt 1220 HOA Dues Per Year
More informationCITY OF OCEAN SHORES, WASHINGTON
CITY OF OCEAN SHORES, WASHINGTON ORDINANCE NO. 759 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF OCEAN SHORES, WASHINGTON, AMENDING CERTAIN SECTIONS OF CHAPTER 17 OF THE OCEAN SHORES MUNICIPAL CODE RELATING
More informationPIONEER RV PARK 1326 Pioneer Road, Quincy, CA 4X6 PICTURE
PIONEER RV PARK 1326 Pioneer Road, Quincy, CA RV Resort For Sale 4X6 PICTURE $1,030,000 Sales Price Beautiful Northern CA Mountain Location 68 RV Sites + Owner Home, 6.5 Acres Big Rig Sites, City Sewer
More informationBefore the Minnesota Public Utilities Commission State of Minnesota. Docket No. E002/GR Exhibit (LMC-1) Property Taxes
Direct Testimony and Schedules Leanna M. Chapman Before the Minnesota Public Utilities Commission State of Minnesota In the Matter of the Application of Northern States Power Company for Authority to Increase
More informationMARCH 19, Referred to Committee on Government Affairs
A.B. ASSEMBLY BILL NO. ASSEMBLYMAN COLLINS MARCH, 0 Referred to Committee on Government Affairs SUMMARY Authorizes certain local governments to impose tax on nonresidential construction or require dedication
More informationA TDR Program for Naples. May 11, 2007
ATTACHMENT G A TDR Program for Naples May 11, 2007 Introduction This paper is intended to supplement and expand upon the Draft TDR Program Framework authored by Solimar in February 2007. 1 The Framework
More informationHow to Use the After Repaired Value Calculator
How to Use the After Repaired Value Calculator The After Repaired Calculator is a single Excel spreadsheet that is designed to allow you to estimate value using one of the same methods that appraisers
More informationASSESSMENT METHODOLOGY
2019 ASSESSMENT METHODOLOGY MULTI-RESIDENTIAL FOUR-PLEX A summary of the methods used by the City of Edmonton in determining the value of multi-residential four-plex properties in Edmonton for assessment
More informationKingwood Service Association Overview
Overview Kingwood Service Association (KSA) is a Texas non-profit corporation chartered September, 1976. Purpose Provide for community, civic, and social welfare in the Kingwood area and to promote the
More informationMcCloud Dance Country RV Park 480 Highway 89, McCloud (Mt. Shasta), CA 4X6 PICTURE
McCloud Dance Country RV Park 480 Highway 89, McCloud (Mt. Shasta), CA RV Resort For Sale 4X6 PICTURE $1,685,000 Sales Price 132 RV Sites on 12+ Acres 7 Newer Rental Park Models City Sewer and Water 2½-3
More informationCAESAR RESORT PROJECT OVERVIEW tel.:
THE AREA Caesar Resort is only 600 meters from the nearest sandy beach and conveniently situated between the historic city of Famagusta and the enchanting fishing village of Bogaz, home to pleasant seafront
More informationPROPERTY DEVELOPMENT REPORT
THE CITY OF CAMPBELLTOWN PROPERTY DEVELOPMENT REPORT Location: 123 Sample Street, Campbelltown Parcel ID: Report Processed: 28/04/2016 Max Volume: 4 ipdata Pty Ltd Disclaimer Whilst all reasonable effort
More informationSingle Family Property Information for Listing Fax
Single Family Property Information for Listing www.presmanrealty.com info@presmanrealty.com 224-365-5681 Fax 877-233-6003 Date: List Price: Address: City, State and zip: County: Township: Corporate or
More information2019 Price List - Spring, Summer, Fall
Page 1 of 6 Brindley s Harbor Resort Inc. 9530 Pine Point Road NW - Walker, Minnesota 56484 Leech has hundreds of miles of shoreline to explore. If you are weary of heavily congested boat traffic on the
More information4.2 RESIDENTIAL ZONING DISTRICTS
4.2 RESIDENTIAL ZONING DISTRICTS A. Purpose: To define regulations and standards for each residential zoning district in the City. The following sections identify uses, regulations, and performance standards
More informationResidential Property Value Procedures: How to calculate a value
2500 Handley Ederville Road Fort Worth, TX 76118 (817) 284 3925 res@tad.org Residential Property Value Procedures: How to calculate a value Mass Appraisal: The Residential Department is responsible for
More informationInvestment & Business Proposal Guruvayur s Hotel Apartment
Invest now... Earn forever... Investment & Business Proposal Guruvayur s Hotel Apartment We grow together RAINBOW BUILDERS THE COLOURS OF CONFIDENCE Rainbow Builders with a proven track record in creating
More informationOFF-CAMPUS HOUSING OPPORTUNITIES. Updated July 18, 2018
OFF-CAMPUS HOUSING OPPORTUNITIES Updated July 18, 2018 DISCLAIMER As a service to students, NU provides the opportunity for individuals, companies, and firms to publicize available off-campus housing on
More informationBadger Lake Estates. Property Prospectus
Property Prospectus Table of Contents Introduction & Overview.... Page 3 The Offering.. Page 4 Property Highlights & Demographics...... Page 5 Proforma.... Page 6 Amenities...Page 7 Property Photos....
More informationDelete the word setback in these instances. Delete part of section that reads: and applies to all lands within the Town of Bracebridge.
Various Sections The term principle is used in a various The term principle should be replaced Change reflects proper terminology sections with the term principal Various Sections Section 1.1 Title The
More informationReal Estate Appraisal
Market Value Chapter 17 Real Estate Appraisal This presentation includes materials from Ling and Archer, 4 th edition, Real Estate Principles The highest price a property will bring if: Payment is made
More information4472 LAKE SHORE DRIVE BOLTON LANDING, NEW YORK
4472 LAKE SHORE DRIVE BOLTON LANDING, NEW YORK Located on the southwest end of Lake George on Basin Bay in the town of Bolton Landing is an expansive well-built home on a generously landscaped 1.8 acre
More informationInternational Village By-law No (Being a By-law to Amend By-law 3575, being the Zoning and Development By-law)
Zoning and Development By-law Community Services, 453 W. 12th Ave Vancouver, BC V5Y 1V4 F 604.873.7344 fax 604.873.7060 planning@vancouver.ca CD-1 (265) International Village By-law No. 6747 (Being a By-law
More informationTOWN OF EPSOM, NEW HAMPSHIRE PLANNING BOARD MASTER PLAN COMMUNITY SURVEY. 2. Are you a legal resident of : a Epsom b Other NH Town c Out of State
TOWN OF EPSOM, NEW HAMPSHIRE PLANNING BOARD MASTER PLAN COMMUNITY SURVEY Part I. Base Data Statistics A. Residency Information 1. Number of individuals in Household 2. Are you a legal resident of : a Epsom
More informationAN ORDINANCE NO. The Board Of Commissioners of the Township of Lower Merion hereby ordains:
AN ORDINANCE NO. AN ORDINANCE To Amend The Code Of The Township Of Lower Merion, Chapter 109, Parks And Playgrounds, To Change The Designation Of The Recreation Director And The Recreation Committee Of
More informationFOR SALE. +/ Acres Hobe Sound, Florida SE Federal Highway, Hobe Sound, FL 33455
www.tccommercialre.com Shirley Harris (772) 288-6646 sharris@tccommercialre.com FOR SALE +/- 1.27 Acres Hobe Sound, Florida 10795 SE Federal Highway, Hobe Sound, FL 33455 742 NW Dixie Highway, Stuart,
More informationRE: Muskoka Official Plan Review Draft Policies re Resorts Development D6
May 17, 2017 District Municipality of Muskoka 70 Pine Street, Bracebridge, On P1L 1N3 Attn: Planning and Economic Development Committee Dear Committee Members: RE: Muskoka Official Plan Review Draft Policies
More informationBusiness Valuation More Art Than Science
Business Valuation More Art Than Science One of the more difficult aspects of business planning is business valuation. It is also one of the more important aspects. While owners of closely held businesses
More informationNB INC / CAMBRIDGE-NARROWS CAMPGROUND SEASONAL SITE LEASE
613846 NB INC / CAMBRIDGE-NARROWS CAMPGROUND SEASONAL SITE LEASE This Lease Agreement is made this day of, 20, between 613846 NB Inc., carrying on business under the name style of Cambridge-Narrows Campground
More informationSection 13 Town Buildings & Public Facilities. Chapter 13 TOWN BUILDINGS, PARKS, SIDEWALKS AND OTHER PUBLIC PLACES*
Chapter 13 TOWN BUILDINGS, PARKS, SIDEWALKS AND OTHER PUBLIC PLACES* Article I. In General Sec. 13-1. Town property enumerated. Sec. 13-2. Use of alcohol on town property. Sec. 13-3. Lease of town property.
More information1. Only items to which the Village has title to and meet the definition of the following will be recorded a tangible capital asset.
--------------------------------------------------------------------------------------------------------------------- Procedure Title: Procedure No. #10-02 formerly Policy #2012-19 Effective Date: Purpose:
More informationRV RANCH AT GRAND JUNCTION
REO AUCTION August 17-19, 15 www.auction.com RV RANCH AT GRAND JUNCTION 8 I-7 BUSINESS LOOP CLIFTON, CO 815 For a video tour, please visit: https://youtu.be/8_9fot1jfvc AUCTION ID: B16-15 STARTING BID:
More information