SCOPE OF APPRAISAL. The Appraisal Report shall determine the market value and rental value of the Premises as stated above under Interest Appraised. The opinions of value will be set forth on a value per- square-foot unit of comparison. The Appraisal Report shall contain the following information and analysis: Externalities: Information, including but not limited to: • analysis of national, regional and local economic trends and other relevant forces that influence or impact property values; • descriptions of the immediate and surrounding economic and geographic areas; • descriptions of the Premises’ access features; • availability and market characteristics of comparable properties; • impact of Port of Los Angeles and Port of Long Beach activities; and • a conclusion as to the social, economic, governmental and environmental characteristic of the Premises. Highest and Best Use The Appraisal Report shall include a highest and best use analysis of the Premises as improved and as if vacant.
SCOPE OF APPRAISAL. This appraisal report is intended to comply with the rules, regulations and procedures as set forth by the Uniform Standards of Professional Appraisal Practice (USPAP). The scope of this appraisal included an investigation of the real estate market in Skagway. Comparable land sales or leases were analyzed to determine the market value of the subject land. The Direct Sales Comparison Approach was relied on for development of a market value opinion of the land. Market information was obtained through interviews with area land owners, realtors, buyers, sellers, and others active in the real estate market. Our office maintains market data information on sales, transfers and on a geographic location basis for those rural properties not connected to a road system and various other real estate transactions. Within each of these areas, the data is further segmented into commercial and residential properties. Within these divisions of separation are divisions for zoning and whether the properties are waterfront or upland parcels. Xxxxx & Company, LLC maintains and continually updates this library of sale transactions throughout the Southeast Alaska region and has done so for over 35 years.
SCOPE OF APPRAISAL. This appraisal report is intended to comply with the rules, regulations and procedures as set forth by the Uniform Standards of Professional Appraisal Practice (USPAP). The scope of this appraisal included an investigation of the real estate market in Skagway. Comparable land sales or leases were analyzed to determine the market value of the subject land. The Direct Sales Comparison Approach was relied on for development of a market value opinion. In addition to previous inspections, aerial photos, maps, and geographic surveys were used to determine the character of the site’s attribute values. Market information was obtained through interviews with area land owners, realtors, buyers, sellers, and others active in the real estate market. Our office maintains market data information on sales, transfers and on a geographic location basis for those rural properties not connected to a road system and various other real estate transactions. Within each of these areas, the data is further segmented into commercial and residential properties. Within these divisions of separation are divisions for zoning and whether the properties are waterfront or upland parcels. Xxxxx & Company, LLC maintains and continually updates this library of sale transactions throughout the Southeast Alaska region and has done so for over 30 years.
SCOPE OF APPRAISAL. This is a Self Contained Appraisal Report which is intended to comply with the reporting requirements set forth under Standards Rule 2-2 (a) of the Uniform Standards of Professional Appraisal Practice (USPAP). As part of this appraisal, we have made a number of independent investigations and analyses. The investigations undertaken and the major data sources used are listed as follows:
SCOPE OF APPRAISAL. This appraisal employs the Comparable Market Data Approach. I have also considered capitalized leases as value indications. Sales data was collected and developed through interviews with primary market sources such as buyers and sellers, as well as secondary sources including brokers, lenders, assessors, attorneys, and appraisers. 00-000 / Xxxxxxxx Xxxx Lease Update 5 | P a g e
SCOPE OF APPRAISAL. This appraisal employs the Comparable Market Data Approach. I have also considered capitalized leases as value indicators. Sales data was collected and developed through interviews with primary market sources such as buyers and sellers, as well as secondary sources including brokers, lenders, assessors, attorneys, and appraisers. 18-032 / Skagway Fish Co. Land Lease Update 1.7 ASSUMPTIONS AND LIMITING CONDITIONS This appraisal report and valuation contained herein are expressly subject to the following assumptions and/or conditions: Extraordinary Assumption: It is an extraordinary assumption of this report that the land was in the same condition on the effective date of this report, May 31, 2018 as observed during the date of inspection, March 14, 2018.
