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118 <br /> 8 <br /> Matched Pair Summary <br /> Adjoins Solar Farm Nearby Solar Farm <br /> Average Median Average Median <br /> Sales Price $253,600 $253,000 $246,000 $249,000 <br /> Year Built 2013 2013 2014 2014 <br /> Size 3,418 3,400 3,189 3,346 <br /> Price/SF $74.27 $74.41 $77.85 $74.46 <br /> Percentage Differences <br /> Median Price -2% <br /> Median Size -2% <br /> Median Price/SF 0% <br /> I note that 2308 Granville Drive sold again in November 2015 for $267,500, or $7,500 more than when it <br /> was purchased new from the builder two years earlier (Tax ID 3600195361, Owner: Leak). The <br /> neighborhood is clearly showing appreciation for homes adjoining the solar farm. <br /> The Median Price is the best indicator to follow in any analysis as it avoids outlying samples that would <br /> otherwise skew the results. The median sizes and median prices are all consistent throughout the sales <br /> both before and after the solar farm whether you look at sites adjoining or nearby to the solar farm. The <br /> average for the homes nearby the solar farm shows a smaller building size and a higher price per square <br /> foot. This reflects a common occurrence in real estate where the price per square foot goes up as the size <br /> goes down. This is similar to the discount you see in any market where there is a discount for buying larger <br /> volumes. So when you buy a 2 liter coke you pay less per ounce than if you buy a 16 oz. coke. So even <br /> comparing averages the indication is for no impact, but I rely on the median rates as the most reliable <br /> indication for any such analysis. <br />