Orange County NC Website
DRAFT <br /> <br />OC Board of Adjustment – 11/9/15 Page 96 of 156 <br /> <br /> 1 <br />Laura Goode: Number of bathrooms? 2 <br /> 3 <br />Michael Ogburn: That is correct? 4 <br /> 5 <br />Laura Goode: Whether there’s a garage? 6 <br /> 7 <br />Michael Ogburn: They all have garages. 8 <br /> 9 <br />Laura Goode: Or other factors that you discussed in your testimony? 10 <br /> 11 <br />Michael Ogburn: So, what I did on this was these are the five immediately adjacent properties to 12 <br />the cell phone tower that sold through the open market. There were additional properties that are 13 <br />also adjacent that had not been offered in the open market. They were what we typically call a 14 <br />pre-sale, so there was no interaction on the market place, I did not include those. 15 <br /> 16 <br />Laura Goode: Understood. I’m just trying to verify that the sales prices that you have, which is the 17 <br />data that you worked with, did not have adjustments to those sales prices for… 18 <br /> 19 <br />Michael Ogburn: I did not make any adjustments, other than use the raw data. That is correct. 20 <br /> 21 <br />Laura Goode: Ok. 22 <br /> 23 <br />Michael Ogburn: Yes ma’am. 24 <br /> 25 <br />Laura Goode: Alright. And then we’ve talked about the articles that were contained as part of your 26 <br />report. And the one article from New Zealand, that was an article that was published in 2005? 27 <br /> 28 <br />Michael Ogburn: That’s probably correct, yes. 29 <br /> 30 <br />Laura Goode: And that was based on data from studies done in 2003? 31 <br /> 32 <br />Michael Ogburn: That is correct. 33 <br /> 34 <br />Laura Goode: And that of course was in New Zealand, so this did not deal with properties in the 35 <br />United States? 36 <br /> 37 <br />Michael Ogburn: No it does not. 38 <br /> 39 <br />Laura Goode: Ok. And are you aware of any articles that criticized this article? 40 <br /> 41 <br />Michael Ogburn: I am not. 42 <br /> 43 <br />Laura Goode: Alright. And you aware of any studies or articles that used data from the United 44 <br />States instead of from other countries? 45 <br /> 46 <br />Michael Ogburn: I did not find one. 47 <br /> 48 <br />98