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The Real Estate Collection

An appraisal of the property located at 105 West Doty Street, Madison, Wisconsin

Source:

Landmark Research, Inc.
An appraisal of the property located at 105 West Doty Street, Madison, Wisconsin
July 31, 1992

URL to cite for this work: http://digital.library.wisc.edu/1711.dl/RealEstate.LR105Doty

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Contents

[Cover] The 105 West Doty Apartments located at 105 West Doty Street, Madison, Wisconsin

[Title page] An appraisal of the property located at 105 West Doty Street, Madison, Wisconsin, p. [i]

[Letter to Rodney F. Knight], Davis, Jean B.; Larkin, Dean P. pp. [ii]-[iii]

[Contents] Table of contents, pp. iv-v

Summary of salient facts and conclusions, pp. 1-3

Scope of the appraisal, pp. 4-5

Purpose of appraisal, p. 6

Definition of market value, pp. 6-7

Property rights appraised, p. 7

Use of the appraisal, pp. 7-8

Identification of the property, pp. 8-9

History of the property, pp. 10-12

Area and neighborhood analyses summary, pp. 12-15

Apartment market analysis, pp. 15-22

Office market analysis, pp. 22-25

Site description and analysis, pp. 25-29

Zoning analysis, pp. 29-34

Real estate assessment and taxes, pp. 34-35

Improvements, pp. 35-46

Highest and best use, pp. 46-65

Probable buyer profile, p. 65

Introduction to valuation, pp. 65-66

The cost approach, pp. 66-67

The sales comparison approach, pp. 68-94

Income capitalization approach, pp. 94-96

Reconciliation and final value estimate, pp. 96-98

Certification of appraisers, p. 99

Assumptions and limiting conditions, pp. 100-101

[Qualifications of the appraisers], pp. 102-103

Appendix A: Area and neighborhood analyses, pp. 104-112

Appendix B: Survey of apartment market rents, pp. 113-127

Appendix C: Selected pages from zoning code for C1, C2, and R4 and summary of codes specifically related to subject property, pp. 128-141

Appendix D: Boeckh building cost estimates, pp. 142-143

Appendix E: Comparable sales data sheets, pp. 144-168

Appendix F: Interviews with local real estate professionals, pp. 169-181

[Cover]


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