SW Third and SW Oak

I have included something on this because of some controversy and insight one can get from reading PDC documentation.

Report 07-06 Appraisal Procedures.

The project website [See the FAQs]. The controversy - the two appraisals of the property (see the Report 06-130). The property has been vacant since 1984.

The appraisals in question - a Comparative Analysis. The third (Full) appraisal; Table of Contents. Extracts - arbitrarily selected - to enable access pertinent material without reviewing the entire document: Summary Page & Appraisal Methodology; Highest & Best Use; Introduction; Portland Metro Area (Interesting economic statistics); Downtown District (Good information on office market); General Information & Site Description; Land Valuation; Comparables (# 3 & #5 are just outside of Old Town across Broadway); & Comparative Analysis.

Overview of Real Estate appraisals.

Some RESOURCE MATERIAL re residual land value appraisal: Calculation of Residual Land Value; Land Value is a residual; Residual land values and sales negotiations; Land Residual Technique; Land residual technique - defined.

Revised: 01/11/2007