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DRAFT OC Board of Adjustment – 11/9/15 Page 33 of 156 David Smith: Yes. 1 2 Laura Goode: Ok. And what was your conclusion as to impact of a cell phone tower on single 3 family residences? 4 5 David Smith: It would have no adverse effect. 6 7 Laura Goode: You also testified about doing a match pair analysis as a part of your evaluation? 8 9 David Smith: Yes. 10 11 Laura Goode: Can you explain what a match pair analysis means? Matched to what? 12 13 David Smith: You compare two similar properties. Ideally you would want one difference to find 14 out what the difference in value for that one item is. It’s very rare you find an absolute match to 15 pair so what you have to do is adjust the differences until the only difference left is that one item. 16 In this case I did it for a cell tower. 17 18 Laura Goode: Ok. Now in that match pair analysis what properties were you trying to match to? 19 20 David Smith: I was trying to match a property on Sunrise Drive that backs up to a cell tower with 21 the one of Kelly Court that’s similar in most respects but did not have the cell tower. So they 22 were….. I adjusted the Kelly Court until it was essentially equal with the Sunrise, except for the 23 cell tower. 24 25 Laura Goode: And were those homes similar in nature to the homes found on the properties 26 adjacent to the Butner family farm trust property? 27 28 David Smith: A few of them. It was a fairly small house. 29 30 Laura Goode: Now, you’ve been asked about Mr. Gwen’s home being valued at or above 31 $1,000,000. Does the fact of the selling prices in different areas you examined are lower versus 32 the appraisel value of Mr. Gwen’s property, does that change you conclusion? 33 34 David Smith: No. 35 36 Laura Goode: Taking into account all the information that you’ve been asked about, what is your 37 overall conclusion? 38 35