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METZEN REALTY AND ASSOCIATES CO. <br />412 SOUTHVIEW BLD., SOUTH SAINT PAUL, MN 55075 <br />PHONE: (651) 455-2214 | FAX: (651) 455-2729 <br />WWW.METZENREALTY.COM <br /> TKH FRPSDUDEOH VDOHV VXEPLWWHG IURP SUHYLRXV QHLJKERUKRRGV ORFDWHG ZLWKLQ WKH <br />PHWURSROLWDQ DUHD LQGLFDWHG DQ DGGHG YDOXH DV D UHVXOW RI VWUHHW UHFRQVWUXFWLRQ <br />SURMHFWV UDQJH LQ YDOXH IURP  WR  SHUFHQW. <br /> AFFRUGLQJ WR WKH RDPVH\ CRXQW\ AVVHVVRUɔV OIILFH WKH DYHUDJH DVVHVVHG PDUNHW <br />YDOXH RI WKH KRPHV DIIHFWHG E\ WKLV SURMHFW DUH .. <br /> +RZHYHU WKH FRPSDUDEOH VDOHV ZLWK DVVHVVPHQWV DVVXPHG ZHUH IRU FRPSOHWH <br />VWUHHW UHFRQVWUXFWLRQ DV ZHOO DV FXUE JXWWHU DQG VWRUP VHZHU XSGDWHV. IW LV P\ <br />RSLQLRQ WKDW WKH *HP LDNH :DWHU MDLQ E[WHQVLRQ LV HTXDO WR  SHUFHQW RI D <br />FRPSOHWH UHFRQVWUXFWLRQ SURMHFW. <br /> TKHUHIRUH EDVHG RQ P\ ILHOG LQVSHFWLRQ UHVHDUFK DQG FRPSDUDEOH VDOHV <br />VXEPLWWHG LW LV P\ RSLQLRQ WKDW WKH YDOXHDGGHG EHQHILW EHFDXVH RI WKH SURMHFW LV <br />IRXU SHUFHQW. TKLV DGGHG YDOXH EHQHILW ZRXOG DSSO\ WR WKH RULJLQDO SURMHFW DUHD DQG <br />WKH DGGLWLRQDO VWUHHW VHJPHQWV DGGHG E\ WKH FLW\ FRXQFLO ZKLFK UHVXOWV DV IROORZV <br />AYHUDJH SLQJOH-FDPLO\ HRPH VDOXH DW 712,500.00 <br />712,500.00 PHU PDUFHO [ 4 PHUFHQW 2,500.00 <br />2,500.00 [ 50 14,250.00 PHU PDUFHO <br />14,250.00 PHU PDUFHO AGGHG BHQHILW <br /> <br /> CONCLUSION OF SINGLE-FAMILY HOMES <br />(ASSESSMENTS ASSUMED) <br />Prepared by: <br />Laurence M. Danich <br />Real Property Appraiser <br />Minnesota I.D. # 4000869