Section 5: Consistency in Land Values

Anchor: #i1001183


Consistency in land values for similar parcels must be maintained in order to assure fair and equal treatment for all parcel owners. Consequently, the review appraiser should determine that the land value being recommended for any one parcel is consistent with values previously recommended for similar parcels, not only on the subject project, but also on adjoining projects.

In keeping with this objective, new appraisals indicating an increase in land values (including those for eminent domain proceedings and revised values for similar parcels not negotiated) are to be considered.

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