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PLANNING SCHOOLS ENVIRONMENT EROSION
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Table 5, Hunt Field Residential and Non-Residential Data |
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Residential |
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Type of Units |
Total Units |
Average Real Estate Market Value |
Gross Real Estate Market Value |
Assessed Value @ 60% of Real Estate Market Value |
Estimated Number of People |
Estimated Number of Children |
|
Single Family |
1,947 |
$200,000 |
$389,400,000 |
$233,640,000 |
5354 |
1441 |
|
Town House |
803 |
$140,000 |
$112,420,000 |
$67,452,000 |
1935 |
337 |
|
Apartments |
450 |
$65,000 |
$29,250,000 |
$17,550,000 |
986 |
99 |
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Total |
3,200 |
|
$531,070,000 |
$318,642,000 |
8275 |
1877 |
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Weighted Average Value |
3,200 |
$165,959 |
|
$99,576 |
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Non-Residential |
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Type of Space |
Total Square Feet |
Value/sf |
Gross Real Estate Market Value |
Assessed Value @ 60% of Real Estate Market Value |
Estimated Number of Full-Time Equivalent Jobs Supported |
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Retail |
100,000 |
$90 |
$9,000,000 |
$5,400,000 |
222 |
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Office |
100,000 |
$110 |
$11,000,000 |
$6,600,000 |
333 |
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Total |
200,000 |
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$20,000,000 |
$12,000,000 |
555 |
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Sources: |
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