Real Estate Appraisal Services

The Vendor is required to provide to perform real estate appraisal services for three properties in the town.
- The Consultant shall conduct all appraisals based on the guidelines of this document.
- The Consultant shall deliver all appraisals within twenty-one (21) calendar days of notice to proceed unless specifically agreed to otherwise in writing.
- The impact of the existence or lack of a permanent access right-of-way to the subject property and its impact on value shall be described in the report.
- Legal limitations of the subject property and comparable sales, including but not limited to local land use regulations and easements (conservation or otherwise), shall be described and incorporated into the report.
- Physical limitations of the subject property and comparable sales, including but not limited to soils and topography, shall be described and incorporated into the report.
- The appraised value shall not be based on speculative development potential or hypothetical development scenarios.