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DRAFT OC Board of Adjustment – 11/9/15 Page 87 of 156 that’s what we’re trying to do. We understand that if I were in Cobble Ridge and then I went to a 1 higher priced neighborhood, that one that was $600,000, that the amenities that the market would 2 expect in this higher priced neighborhood would not be similar to what my expectations would be 3 in Cobble Ridge. That wouldn’t be a fair comparison. But if I compare just that neighborhood, we 4 want to have a reasonable amount of conformity. There’s going to be some variances, yes. But 5 we anticipate that most of that’s going to be washed out by using a broader study instead of just 6 one particular dwelling. 7 8 Samantha Cabe: I have two questions that are related to Cobble Ridge. First, what is the average 9 lot size in Cobble Ridge that you looked at? Oh it’s .23. It looks like less than half-acre lots. 10 11 Michael Ogburn: Yes ma’am, that’s correct. 12 13 Samantha Cabe: And the houses that were in direct proximity of the cell tower; how far were 14 they? 15 16 Michael Ogburn: In other words these were the lots next door. Here’s cell phone tower 1 and 2, 17 just like that. 18 19 Samantha Cabe: And how far away is the proposed tower in this case from Mr. Owen’s 20 residence? 21 22 Michael Ogburn: I don’t have… but I would say probably a quarter of a mile. 23 24 Samantha Cabe: And were the cell phone towers in Cobble Ridge closer or further than a quarter 25 of a mile? 26 27 Michael Ogburn: So they would be closer. Right. 28 29 Samantha Cabe: Right. Thank you. 30 31 Michael Ogburn: Yes ma’am. So that’s why I include the study of comparing the two 32 neighborhoods to see if that cell phone tower had an impact on all of the properties in that 33 neighborhood, not just the ones that are immediately adjacent. My conclusion, based on the 34 information I pulled up, was that the entire neighborhood was adversely affected. Even though 35 those that were not immediately adjacent, so what appears to be absolutely true is that the more 36 approximate you are to the cell phone tower the more adversely your value will be affected. It 37 seems to be fairly reasonable to me. 38 39 John Price: Is there a range of impact in terms of the closer to proximity, the more visible? 40 41 Michael Ogburn: So what we would find then if we used those properties that were immediately 42 adjacent to the cell phone tower and then went across the street and compared them to like size 43 houses in Sunset Ridge that differential would have been probably in the 20 plus range. Now, that 44 also seemed to be very consistent with the study that was done in New Zealand where they found 45 a range of 2-21% depending on the proximity to cell phone towers. So that seems then to be 46 supportive of the information that I gathered. 47 48 Barry Katz: You’re comparing the two developments, and the development that’s not directly 49 associated with the cell tower, can you see the cell tower from that subdivision? 50 89