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8 <br /> <br /> <br /> <br /> <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 /> <br />Matched Pair Summary <br />Adjoins Solar FarmNearby Solar Farm <br />AverageMedianAverageMedian <br />Sales Price$253,600$253,000$246,000$249,000 <br />Year Built2013201320142014 <br />Size3,4183,4003,1893,346 <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/SF0% <br /> 129