The project, completed in early 2007, includes retail space on the ground floor, parking on floors 2-8, and residential units on floors 9-33. Average unit size is just under 1,000 sf. The building was approximately 70% complete at the time this appraisal was conducted. The Sale Comparison Approach, combined with the Income Approach for the discounted valuation of the sellout, was used as the most viable and reliable means of estimating the value of this property.

Proposed two-story, two-office condo development.  The offices will have 34 spaces for parking, with six stalls located in a ground-level garage.  Upon construction completion, offices will be owner-occupied by two professional service corporations.  Appraised As Is and At Construction Completion, on a per-unit basis.

Condominium development with a number of amenities, in close proximity to Lake Sammamish. All units are two-bedroom, two-bathroom. Analysis includes current Market Value and Bulk Value At Completion.  At client’s request, each floor plan was also valued individually on at At Completion basis.