The value opinion is the result of an appraisal process including: A physical inspection of the property, including the interior of the building on November 18, 2024. Research in public records of the rights that append to the ownership of the fee interest in the subject and its recent ownership history. This included a general review of zoning regulations and the property assessment and tax burden. An investigation of the subject location including the immediate neighborhood and local market conditions for properties of the subject type. The application of all normally relevant appraisal methods for properties reflecting the size, age and highest and best use of the subject. Market data was researched for sales and leases of commercial properties, including the length of market exposure. The appraisal process employed the Sales Comparison and Income Capitalization Approaches. Recent rents and sales were researched in Granby and competing communities. We have substantial experience valuing properties of the subject type, and no special measures were required to ensure the competency of the value opinion.
