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<br />~ <br />I <br />, <br /> <br />SUMMARY OF SINGLE FAMILY <br />LAKESHORE LOT SALES <br /> <br />I <br />I <br />I <br /> <br />SALE NO. . DATE OF PURCHASE PRICE PER LAKE <br /> SALE PRICE FRONT <br /> FOOT <br />1 Oct 2004 $443,000 $4,430 Centerville <br />2 Seot2004 $250,000 $1,953 Washington <br />3 Julv 2004 $310,000 $1,550 Res)1anau <br />4 June 2004 $149,000 $1,490 Coon Lake <br />5 June 2004 $465,000 $6,643 Forest Lake <br />6 Mav 2003 $299,900 $5,355 Forest Lake <br /> . <br />7 Feb 2004 $475,000 $3,800 Bald Eal.!le <br />8 Mar 2000 $155,000 $2,013 Lon.!.! Lake <br />9* Mar 2002 $185,000 $2,402 Long Lake <br /> <br />*Sale #9 is a resale of Sale #8 indicating an annual appreciation rate of 9.6%. <br /> <br />I <br /> <br />I <br /> <br />33 <br />