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LAND/POND VALUE (Continued) <br />Provided on the following pages is a value adjustment grid in <br />which comparison adjustments have been made for the various <br />factors affecting value. The indicated range of subject land <br />value is from $3.52 to $4.10 per square foot, and the average <br />indicated value is about $3.91 per square foot. Those sales <br />judged to be most comparable to the subject are numbers 3, 4 and <br />7 which bes support a value of approximately $4.00 per square <br />foot. <br />Estimated land value: <br />High lying land: <br />55,827 sq. ft. X $4.00 = $223,308 <br />Oasis Pond area: No value <br />Total estimate of land value - - - - $223,308 <br />ROUNDED TO $223,000 <br />6 <br />0 36 <br />