Arlie Purchase, Ridgeline Trail - Laserfiche WebLink

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- _ This appraisal is subject to the following assumptions and limiting conditions: HYPOTHETICAL CONDITIONS A hypothetical condition is a condition that is contrary to the facts, and yet will be used to value a property. An example of a hypothetical - condition would be assuming a larger amount of land than actually exists to arrive at a value. EXTRAORDINARY ASSUMPTIONS An extraordinary assumption is an assumption made that does not exist, but could reasonably exist. The subject includes 14 tax Tots. According to county records, total acreage equates to 1,144.97 acres. It is assumed that county records are correct and the entire subject acreage totals 1,144.97 acres. The City of Eugene plans to purchase approximately 200 acres that bisects the subject property. These 200 acres cross several tax lot lines. Below is a map that shows what the city plans to purchase (shown in green) as part of the entire subject. ©' i rt ...ot Because these 200 acres are an approximation and no formal survey has been completed., the above map is assumed to be an accurate representation of what will be purchased. The final value presented in this report represents a per acre value which can be applied to the approximate 200 acres once a formal survey is completed. The subject property encompasses several fax 1 p p rtY p lots that may or may not have been improved in the past. Four of the tax lots have been approved for legal dwellings, two of which were approved because they contained dwellings at some point in the past. These dwellings have since been removed. Due to the large size of the subject, its . rural character and limited access, the entire subject could not be inspected. for the purposes of this appraisal it is assumed that the subject property does not contain any structured improvements. i .