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Moorefrelds Proposed Conservation Easement, Hftbornugh, North Cambria <br />LAND VALUE — FOURTEEN -ACRE PARCEL <br />In order to estimate the value of the fourteen -acre portion of the subject property that would be <br />created under one option being considered by the County, we have considered sales of parcels of <br />a similar size in the Hillsborough area. As in the previous analysis, we have utilized a price per <br />acre unit of comparison in this section. <br />Comparables Sales Data <br />A diligent search was made for comparable sales of similar tracts of land with similar physical <br />characteristics as the subject within the subjects competitive market area. We extracted data from <br />these sales, making adjustments for factors affecting value such as locafion,. access, exposure, <br />utilities, zoning, size, and topography. The comparable sales used in our analysis are summarized <br />in the table below followed by detailed information pertaining to each of the sales. <br />` .:.::.. <br />Cam arable. Land'sales;-; f= oui#een <br />=Acre Parcel . <br />Location <br />city <br />Date of sale <br />Adjusted Price <br />Acres <br />Price /Acre <br />Union Grove Church Road <br />Hillsborough <br />Deo-06 <br />$265,000 <br />20.14 <br />$13,158 <br />1 Bowater Crossing <br />Hillsborough <br />Jun-06 <br />$148,500 <br />13.33 <br />$11,140 <br />7 Tree Farm Road <br />Hillsborough <br />Feb-06 <br />$135,000 <br />13.58 <br />$9,941 <br />Dimmocks Mdl Road <br />Hillsborough <br />Jan-06 <br />$130,000 <br />15.77 <br />$8,244 <br />arable Lana Sales Locauon map for i ouneen -Acre rarcei <br />EM <br />i <br />Anagfical Consubob Compadson-08 <br />J <br />5 <br />( 1 <br />} <br />f L. <br />(Jj <br />tin <br />EM <br />i <br />Anagfical Consubob Compadson-08 <br />J <br />5 <br />