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1 • <br /> RECONCILIATION <br /> This is the process by which the individual approach indications are weighed based on <br /> validity and applicability to the subject market. The indications often indicate different <br /> values. Affer factors influencing each approach are carefully considered (i.e. quality <br /> and quantity of data, sophistication of the market, etc.), a final point estimate of value <br /> is concluded. <br /> In this report the Sales Comparison Approach will be utilized. The Cost and Income <br /> Approaches are not typically utilized for unimproved vacant land, such as the subject. <br /> The elimination of these approaches does not weaken the final value conclusion. <br /> The City Eugene P of Eu plans to purchase approximately 200 of the subject's 1200 acres. <br /> The portion that they plan to purchase is not a legal tax lot and is located across <br /> several of the subject tax lots. For this reason, an exact acreage could not be utilized to <br /> compute a final value conclusion. Therefore, a per acre value will be indicated, which <br /> can then be applied to the approximate 200 acres once a survey is completed. <br /> 1 <br /> 1 <br /> 1 <br /> 1 <br /> 1 <br /> 1 <br /> 1 <br /> 1 <br />