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~,or'nsey Landfill Ad Hoc Committee <br />October I I, 198S <br />Page 3 <br /> <br />Index numbers will then be established at one-eighth mile intervals along <br />this gradient. Impact gradient maps will be prepared for each of the land <br />use categories listed in I. It is assumed in this methodology that relative <br />land values will be proportional to the index numbers developed in the <br />procedure. <br /> <br />The determination of the impact of potential water pollution problems <br />and any subsequent need for accelerated utility installation shall be <br />established from existing engineering studies. <br /> <br />II METRO ARF_A-WI~ COMPARISONS <br /> <br />Relative Market Value of T)~'picol Homes <br />I. Typical homes in Ramsay will be compared with similar homes in: <br /> <br /> a. Spring Lake Park <br /> b. Apple Valley <br /> c. Chomplin <br /> d. Plymouth <br /> <br />Using assessor's records, homes in Ramsay will be identified which are <br />valued at $67,000, $80,0CK), and $100,000. A three example sample of <br />these homes will be visited to determine common attributes in terms of: <br /> <br />o. Age <br />b. Square footage <br />c. Lot size <br />d. Architectural style <br />e. Visible condition <br />f. Neighborhood <br /> <br />A sample of homes meeting the attributes of each of the Ramsay <br />valuation categories will be identified in each of the communities listed <br />above. Three homes in each of the valuation categories shall be <br />identified. Assessor's records shall then be investigated to determine <br />market value. Market values ascertained from assessor's records shall <br />then be averaged in each community to arrive at an indication of the <br />market value in comparison to the Ramsay home. <br /> <br />I <br />I <br /> <br />Market Value of Residential Lands <br /> <br />Using o procedure os given in "A" above, the market values of platted <br />and unplotted residential lands, with and without utilities, shall be <br />determined for each of the cities listed in "A", above. Similar land shall <br />be identified for Ramsay and compared for parcels of various sizes. <br /> <br /> <br />