Private Residential / Commercial Sample Clauses

Private Residential / Commercial. The applicant has adopted the following open market sales values compared to ours: Type Applicant (Average Value) DVS (Average Value) 1 bed apartment £130,000 £140,000 2 bed apartment £150,000 £160,000 3 bed apartment £180,000 £180,000 At this stage no comparable sales evidence has been provided to us by the applicant’s representative to substantiate their submitted figures. Within their written report they have commented that similar existing properties in this location are currently achieving re-sale values of £130,000, £150,000 and £180,000 respectively. They then comment that they would hope a premium could be achieved for the subject units, but have not uplifted the values to reflect this. From our own research we agree that a new-build premium could be achieved here and as a result consider that the 1 and 2 bedroom units could achieve slightly higher values as set out in the table above. The 3 bedroom values at £180,000 are in line with our revised values for the 1 and 2 bedroom units. The values here are restricted to an extent by the lack of car parking and our revised figures take into account the fact that an additional £10,000 would need to be added to reflect a parking space.
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Private Residential / Commercial. The applicant has provided detailed comparable sales evidence from nearby new-build developments, and from existing properties. They have also commissioned estate agents Sequence Homes to provide their opinion of value and based on this have adopted the following average values compared to ours: Type Developer DVS Two bed semi-det house £210,000 £210,000 Two bed detached house £215,000 £215,000 Three bed semi-det house £240,000 £240,000 Three bed detached house £236,818 £236,818 Total £3,270,000 £3,270,000 From our own research we consider the figures provided for the residential units to be reasonable and we have therefore used the same in our appraisal.

Related to Private Residential / Commercial

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  • Homework In addition to regular attendance at scheduled classes, each student will be required to devote additional time each week outside the classroom to study and work on assignments.

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  • Commercial Driver’s License As a result of recent Federal statutory requirements, the State of Michigan enacted Act 346 of 1988. The parties agree that as a result of these statutory requirements some employees within the Technical Bargaining Unit may be required to obtain and retain a Commercial Drivers License (CDL) to continue to perform certain duties for the State. Whenever a CDL is referred to in this Section, it is understood to mean the CDL and any required endorsements. In order to implement this provision, the parties agree to the following:

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