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APPRAISAL ASSIGNMENT

APPRAISAL ASSIGNMENT. Due December 7, 2012. SUBJECT PROPERTY. 320 ACRES N/2, SECTION 35, BLOCK P IRRIGATED 120 ACRES DRYLAND CROPLAND 144 ACRES DRYLAND CRP 48 ACRES LAKE 8 ACRES IMPROVEMENTS: 1148 SQ FT HOUSE AND GARAGE. COMPARABLE #1. 320 ACRES W/2, SECTION 7, BLOCK D

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APPRAISAL ASSIGNMENT

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  1. APPRAISAL ASSIGNMENT Due December 7, 2012

  2. SUBJECT PROPERTY • 320 ACRES • N/2, SECTION 35, BLOCK P • IRRIGATED 120 ACRES • DRYLAND CROPLAND 144 ACRES • DRYLAND CRP 48 ACRES • LAKE 8 ACRES • IMPROVEMENTS: 1148 SQ FT HOUSE AND GARAGE

  3. COMPARABLE #1 • 320 ACRES • W/2, SECTION 7, BLOCK D • DRYLAND CROPLAND 320 ACRES • IMPROVEMENTS: ABANDONED HOUSE WITH NO VALUE • SOLD FOR $550/ACRE ON 6/7/11

  4. COMPARABLE # 2 • 171 ACRES • SW/4, SECTION 24, BLOCK D-T • DRYLAND CRP 171 ACRES • IMPROVEMENTS: FENCING WITH CONTRIBUTORY VALUE OF $12,500 • SOLD FOR $375/ACRE ON 10/13/11

  5. COMPARABLE # 3 • 230 ACRES • WEST PART OF N PART, SECTION 34, BLOCK A • IRRIGATED CROPLAND 80 ACRES • DRYLAND CROPLAND 150 ACRES • IMPROVEMENTS: METAL BARN VALUED AT $5,000, SPRINKLER VALUED AT $35,000 • SOLD FOR $890/ACRE ON 9/08/11

  6. COMPARABLE # 4 • 320 ACRES • N/2, SECTION 21, BLOCK D • DRYLAND CROPLAND 258 ACRES • PASTURE 62 ACRES • IMPROVEMENTS: SMALL FRAME HOUSE AND METAL BARN VALUED AT $27,000 • SOLD FOR $570/ACRE ON 10/19/10

  7. COMPARABLE # 5 • 115 ACRES • NW/4, SECTION 24, BLOCK D-2 • IRRIGATED CROPLAND 50 ACRES • DRYLAND CROPLAND 65 ACRES • IMPROVEMENTS: ABANDONED HOUSE ON PROPERTY NO VALUE • SOLD FOR $900/ACRE ON 3/6/11

  8. COMPARABLE # 6 • 160 ACRES • E/4, SECTION 2, BLOCK D-5 • IRRIGATED CROPLAND 40 ACRES • DRYLAND CROPLAND 120 ACRES • IMPROVEMENTS: NONE • SOLD FOR $650/ACRE ON 2/16/12

  9. COMPARABLE # 7 • 160 ACRES • NE/4, SECTION 1, BLOCK D-5 • DRYLAND CRP 135 ACRES • IMPROVEMENTS: NONE • SOLD FOR $260/ACRE ON 5/31/11 • IGNORE ANY IMPROVEMENT ON THE PROPERTY AT PRESENT

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