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One such project in California was located one block off the former main commercial center of the city. The block was improved with depression-era warehouse quonset structures surrounded by a residential neighborhood in decline. Our valuation included the before value of the existing use together with the "as-completed" value of a residential development, transforming the block into a turn-of-the-century village. The town, however, sought the land as an addition to its adjoining waterfront park. The analysis included an extensive feasibility study of the highest and best use of the site demonstrating values in a variety of uses. Additionally, lake and waterfront influences upon various use/applications were detailed with studies of other sales of New England lake front properties, both improved and unimproved.
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Residential | Government &
Military | Resort | Feasibility Studies | * Douglas Guidry is a MAI designated Member of the Appraisal Institute Guidry & Platt Call Toll Free 1-866-331-0300 (c) 2001. All rights reserved. Guidry & Platt Real Estate Analysts. Federal Tax ID # 04-3551969 Web Development and Internet Support Provided By Practical Online Marketing
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Redevelopment projects for local city and town agencies have included the valuation of entire downtown city blocks in both before and proposed after conditions. 
In 1999, we completed the before and after valuations of a lakefront site in a suburban Massachusetts community just north of Boston for the town's acquisition of the site. Local investors who owned the site, and a regional restaurant chain, who had already signed a twenty-year lease agreement, had proposed an upscale theme restaurant on the property.