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• �� � �t10U5�� �a,�son,� <br /> , � <br /> 3• D'rect Sales Com ' <br /> current actual salesSon Market A roach � <br /> compared to of similar real in which <br /> differences, Subject property and ad 'ustederties are ` � <br /> � for the �� <br /> In this report the onl `� <br /> �e Sales Com Y meaningfu2 a <br /> aPproaches parison Approach since PProach to value is <br /> in this have no meanin �e cost and � <br /> location gful application to income in �' <br /> and use category, a land ' <br /> COST APPROACH Parcel � <br /> Not applied. � <br /> INCOMg yppROACg r <br /> Not applied. ' <br /> F � <br /> DIRECT Sa�I,Eg COMP�IgON � � <br /> The Direct Sales �o �gET PpROACg <br /> techriic�ue b�, Which mparison Approach is an a � <br /> comparlson of the Smarket value is estimatedpdirecti � <br /> and or prices paid n�ect property With � ; <br /> similar and com recent market transacrent offe=inqs r <br /> anal zin parable properties, tlons of ot�er ' <br /> and then aand �orrelating similar It is a i <br /> pro e Process <br /> urOpertY• Thetre�lability ofethise relatedStoecently�sold � <br /> pon: techni the s 7ect � <br /> �e ls dePendent <br /> 1• The de ree <br /> the Sub�eCt ProPeP��ability of each propert <br /> y with <br /> 2• The date of sale <br /> �urrent appraisal lnt kin t1O� tO the date of the <br /> changes during the interiminto account market <br /> 3• Reliabilit <br /> y of the sales data f <br /> 4• APpropriate t <br /> adjustments for unusual conditions� if <br /> any, affecting price or te ' <br /> LAND p�,IIg �s of the sale � <br /> valuationWofgtsales were , <br /> pro osed�elt to be pertinent in the <br /> he p land tract: <br /> COMpARABLE LAI�D SALES 1 <br /> Address: 1605- <br /> Sale Date. 45 E• Pershing Road <br /> Brief Le � January 1993 <br /> NW1/4 ofgthe LOts 1 and 2, Werich �s Price: $450, 000\ <br /> � 1/4 of Section 1 Subdivision and <br /> T16N R2E, Decatur �rt <br /> Page 6 <br />