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Tlie communities to be selected for compar~on should have as <br />many of these subjective factors in common as possible. Most <br />of the above factor~ would suggest that companion within <br />R~ey would be best; neighboring communities <br />next best; other nortl~est, t[~rd-t~er; suburban communiites <br />would be next and farther distant communities would be the <br />~east likely of providing va~d resu~. Therefore, with our <br />p~an~ng experience in the metropolitan area, we suggest that <br />you ~ow us to select fou~ comparable communities (or sites <br />cn Ramseyl for confirmation by the Ad Hoc Committee. ,.We <br />recommend that you consider choosing at least ~vo or t~tee <br />areas of Ramsey outside the assume~ impact area for comparison <br />with the homes in the impact area rath~ than ~o or three of <br />the other communities. <br /> <br />The planning process wi~ be to: <br /> <br />I. Prepare a comprehensive lis~ of compargson factors. <br />2. Select homes valued at $67,000, $80,000 and $100,000 <br /> within the defined impact area (base study group). <br />3. D~te~mine the applicable compa~on factors from the <br /> in No. I above for each value home. <br />4. Select homes in each of ~e selected commungtie.-~ that meet <br /> the same compa~on factors a~ the selected base study <br /> group of tI~tee homes. Use recent "Sold Market Reports," <br /> pubt~shed by the Board of Realtors, to assist in finding <br /> comparable homes and to give realistic market values far <br /> the homes selected. <br />5. veery comparability by field checkin9 selected homes. <br /> <br />P~ann~cs and assessors will a~o be contacted in each of <br />the communities to ass~t in the home selec~on process. <br /> <br />?I~otos of all homes selected ~or comparison will docw, ent the <br />choices. Bar graphs and tabl~-~ will graphically and numerically <br />~lw_s.~r~¢e the .relative values measured against the base study <br />gxoup. A brief tex~ witl further explain the methodology and <br />conclusion~. <br /> <br />In this compa~on of existing dwel~ngs, there w~l be a <br />total of 15 hom~ to be selected, researched and docume~ted. <br />Although the following graph shows four commu~i~.~ to be <br />comp~d w~h R~sey, in R~sey, the pr~e .C~ tlt~ one <br />w~l~n the ~pa~ ~ea w~ be comp~ed w~h ~o~ oth~ s.~ <br />a~ d-~c~sed above. <br /> <br /> RAHSIr¥ C0~'~4UNITY t C01'IHUNIlr¥ ~ C0~uNITY 3 C~UHIrY <br /> VALUE VALUE <br />· Co~parable Co ~msey value $ 67,0~ <br />,Comparable ~o R~ey value $ ~,~0 <br />· C~rable Co P~sey value <br /> <br />7 <br /> <br /> <br />