Laserfiche WebLink
Chisago County (Wyoming) was considered. Other search criteria was properties which sold since <br /> 1/1/94 to present, and were of similar size as the subject. <br /> Subject Property Data: We have relied on information from a previous appraisal, dated November <br /> 15, 1995, as performed by Curt Remington, Certified General Appraiser. Additional consideration <br /> of county data was used. Additionally we have viewed the subject interior and exterior, and <br /> neighborhood/locational influences, and analyzed the current market trends. <br /> tatement of All • um • tions and Limitin • Co ditions Affectin ' Analyses, Opinions. and <br /> Conclusions: <br /> A statement of ordinary assumptions and limiting conditions is attached to this report. All <br /> extraordinary assumptions or limiting conditions are disclosed with statements of each opinion and <br /> value conclusion that is affected. <br /> S tatement of the Appraisal Procedures Followed: <br /> This report is of a Limited Appraisal. All of the steps of the Valuation Process were followed except <br /> for the following: <br /> In our preliminary analysis and plan, general market data (trends and forecasts) were not specifically <br /> considered. Also, no in -depth analysis of Highest and Best Use was completed. We have only <br /> utilized two of the three approaches to value. <br /> Statement of the Appraiser's Opinion of the Highest and Best Use of the Property: <br /> In our opinion the highest and best use of the subject property is the present use, a light-industrial- <br /> . related facility. The subject is currently used by a utility contractor. This use is consistent with <br /> surrounding land uses, and provides a return to the land commensurate with the risk, considering <br /> current market conditions, including supply /demand for land and structures. The highest and best <br /> use of the land is for commercial use, however the subject site is in the floodplain, which will require <br /> fill to 2' above the floodplain elevation. Therefore, before any development could occur, the site <br /> needs to be filled. As a term of permit to fill, another non - floodplain area must be excavated. This <br /> would also need to occur. <br /> Site Description: The subject is comprised of 1.73 acres (the improved site), and 2.99 acres <br /> (unimproved site). Both sites are located in the floodplain, with recent improvements, which take <br /> the subject out of the flood way. According to Jim March, an error was made when the Clearwater <br /> Creek Restoration Project was complete: the engineers failed to take the subject out of the floodway, <br /> 6 <br />