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Home My WebLink About20210696 85 Nelson Use Variance Additional Information CAI2USON� & CAI2USONC Attorneys at La�� 491 Broadw�y— P.O. l�ox 47$ Saratog� Springs, Nc�v York 128G6 '['el. (S 18) 584-3240 Fax (518) 584-7451 jc�t��usoncla�c.►rus�,►ncla��.coin March 4, 2022 Via Cmail and Hand llclivery 7oning Board of Appeals City of Saratoga Spri�lgs 474 Broad��ay Saratoga Springs, NY 12866 Re: Application for Use Variance at 85 Nelson nvenue Ucar Members of the Zoning Board: 1-Iei�ewith is additional i�iformation which I respectiully ask tlie Board to consider in making its decision with reference to the above Application. Construction Costs We had previously sent io you a rough estimate of the cost to convert the subject premises to a single-family residence. The saic� estimate provided a minimum cost. We have now obtained a detailed estimate fi-om I3onacio Construction, Inc., which is annexed hei•eto, totaling $455,621.92. The narrative descriptions contained on Pages l and 3 a►�e of particular importance in that they clescribe how the lo��g narrow building is divided into three separate and distinct sections. It is noteworthy that the conversion would cause the loss of two bedrooms in the fi�ont w�it to allow for access to tlle rest ot the home, the entire loft above the gar�ige, and one of the bedrooms on the upper level ot�the rear unit. Cash Flo�v St�itement At the last meeting of the Board where this matter was discussed, reference was made to the income produced by tlle building in analyzing the financial hardship. Absent Irom that discussio�l ��s the expenses incurred by the applicant. Attached hereto is a casll flcn� statement showing the net available incame to the applicant. I would note that 2020 is an ot�tlier because of COVID. Zoning Board of Appeals March 4, 2U22 Page 2 Appreciation �ny discussioi� of reasonable financial return must include appreciation. Attached hereto are Market Summary Reports for the year 2013, when the applicant purchased the subject premises, and for January 2022. The Stuz�il�a�-ies are for the zip code 12866 and include botll single-family averages as well as it�ulti-i�iinily averages. Also included is a sunuTlary of William Moore, who provided tl�e matei•ial. Mr. Moo►•e explai�led that tlle multi-family prices are skewed because a number of them ai�e not sold on the public market and obviously would include anvthing from two-family upward. Using the single-family averages, it is evident that prices have doubled in the last two years. F3y� any delinition of"reasonlble financial return" that I am familiar with, appreciation must be considered. People invest for growth as well as income and to exclude appreciation as a iactor in analyzing reasonable financial return ��ould be both inaccurate and unjust. Other Uses The o�lly� use permitted as of right iii the UR-2 Zone is single-family residences. All othci- uses require both a special use permit and site plan review. I believe it is appropriate to eliminate private schools, religious institutions, senior housing, senior assisted care facilities and cemeteries from the discussion since they �voufd be unrealistic given the size and nature of the building. T3oth neighborhood bed and breakfasts and nei�.hboi•liood rooming houses, althou�li tlleoretically possible, ��ould not be feasible since both of said uses would require convertii�� the home into a sin�le, �u1i17�d structure, costing the same as convertin� to a si�igle-family residence. Conctusion 1Iaviz�g paid $801,500.00 to purchase the subject property as a three-f�tmily d��elling in 2013, tlle applica►lt would either have to spend $455,622.00 to convert the l�ome to a single-family residence or sell the property at a si�nificant reductioi� in price. Using Willia►n Moore's estimated price of $1,118,975.00 as an estimated price foi� its use as a single-family residence, the selling price would be $663,353.00 or less, for a loss of more than $100,000.00. Since real estate prices in Saratoga Springs have doubled over tlie last nine years, the applicant's loss ��ould be significantly higher. Yours very truly, �rj�� ` 1.��'u`�� /� � , , � John J. Cai•usone, Jr. �� ,1CC/dfin --�=_� �()11�.C1() � C011Str�iC�1011 Ill(". ��,��:��:��„ i��i��2Ct /�C�C�I"�SS: �5 Nelson A��e-- - �Silf'1'1CI�Q1': Tum ��arola �iC'SCI"I�t101"1 (':�n;irueti��n �Ai�al��sis!Ou��lificati�.,�,• —� Project Overview Date 2.25.2022 Owner Ted Waite Architect/Engineer Of Record TBD Pending Owner Review Scope of Work Based Off Site walk on 2.10.2022 with Bonacio Construction and Ted Waite Estimate q #22214 Project Title 85 Nelson Ave Remodel-3 Unit Dwelling Co�version Into Single Family Home This budget cost is to convert a pre existing 3 unit residence into a single family home.Please note that after our initial s�te walk,it is evident that the long and narrow building footprint/layout was clearly designed for 3 separate self controlled units and does not,nor has ever,supported a single family build.The construction cost far outweighs any benefits of this conversion and we recommend against this type of construction.Due to the deficient layout as a singie family build,Bonacio Construction will need to eliminate the entire garage loft(1 bedroom,1 bathroom,kitchen and living space)to gain conditioned access to the back of home.BCI will also Job Description need to eliminate the two bedrooms at the front dwelling for access to the remainder of this home.Lastly,BCf will need to eliminate the upper levef bedroom&bathroom at the back unit to create a new hallway for access. lAs a direct result,this previous 3-unit 8 bedroom dwelling will lose 4 bedrooms&2 bathrooms creating an inconvenient layout for a future single family residence. Remaining qualifications are induded on the attathed Isummary sheet. � Project SF �Approximately 3,b00 SF Working Area SF 1705 Assumed Project Duration-Months 4 Project Manager Tony Bonacio Budget Summary Budget Revision Dates None Overhead 10% Profit 10% Contingency 5/ Estimated Cost $361,604J0 Cantingency Cost 521,696.28 Estimated Contrector Overhead and Profit $72,320.94 Total Proposed Budget $455,621.92 Legal Requirements Tax Status Capital Improvement Tax% 7% — - Prevailing Wage/Davis Bacon/CP No Other-Tax Credits No Municipal Grents/Funding No P&P Bonds No Building Permit ii Required-Filing and fees included by Bonacio Construction Land/Property Survey Not Required Misc.Items National Grid �None Assumed 3rd Party Inspections Included by GC Hazardous Material Survey Testing only included by GC.If material contains asbestos assume$30,000 added to contract for remediation and air monitoring Winter Conditions Not Included;Assumes construction start Spring 2022 and completion prior to Winter of 2022 Cover Sheet 85 Nelson Ave 0�.25.2022 Page 1 of 7 Qualifications & Exclusions: In Addition to our project description,the below qualification notes are to help better understand the intricacy of this project and our assumptions made to best streamline the unknown variables. 1. Due to the long and narrow features of this home,we will lose the back unit bedroom for the required hallway. Bonacio Construction has included removing the attached bathroom and expanding the adjacent bedrooms bath,as there is no functional need for this bathroom anymore. 2. Due to the finish floor levels variating between each unit,we have included new stair sections in lieu of raising the entire floor system from the front dwelling unit to the garage loft, and from the garage loft to the back unit bedroom where the existing 2nd floor porch is. 3.We have included allowances for structural reinforcements as some of the demo required for this conversion will interfere with bearing walls at the front home unit.The existing interior wall separating these two upper bedrooms will be removed and we will implement a steel beam wrapped with trim to support the roof load above . 4.This existing 3 unit dwelling is ran off 3 separate gas fired furnaces, condensers and hot water heaters. Each of these units have stand alone controls, ductwork and piping. In order to create a split zone system for a 1 family residence,we have include sheetrock and ducting/pipe removals to tie these systems together.As the Owner has recently replaced these furnaces,we have not included new furnaces or condensers- just new ducting/piping and controls as required.We have included removing all how water heaters and implementing a centralized 75 gallon system at the garage with recirc loops to help with the long spans due to this layout not catering a single family layout. 5.We have included a ductless minisplit system at the first level of the garage to help condition this space during the winter as this space wiil now be traveled through more frequently to access the back section of this home. 6. Electrical modifications to the main power supply is not required as the main power coming from the street into the home is not split within these units. It is assumed that all existing main panels and sub panels will remain as is to help reduce the cost of this conversion. If during demolition and construction this needs to be modified it will cost approx.$13,000 to re run all power into a centralized panel location (cost includes new main &subs), Cost included above is for making safe prior to demolition, new fire safety, lighting and receptacles at hallways,and making modified areas up to code. 7. Excfusions—Stamped MEP drawings,fire sprinkler system, FF+E, national grid expenses, asbestos remediation or air monitoring, and any items not specifically represented within the attached budget. Budget Summary-85 Nelson 2.25.2022 Page 2 of 2 -_�-, =-- Bonacio � Coilstructiorl Inc. ,•.�,:,.:i.t,�,,�� , �. ,,�� PROJECT TITLE 85 Nelson Ave Remodel-3 Unit Dwelling Conversion Into Single Famiry Home NOTES OWNER Ted Wafte ARCHITECT TBD Pending Owner Revlew p�_u i> ��.��:,'x '�I;��,�� i�-.q��__c�,i I ' .��..�. � I =.c�3� e��c�rt ec,s t� ,.�i_, ��u�:r.11�..i-. JI � . �; r.�C PLAN DATE Site walk on 2.10.2022 with Bonacio Construction and Ted Wafte ��e�a{�Crienciny inSi2b hly in Geridin n'�Ierl.�l markets In order to minimize the effecl of Ih�s ESTIMATOR 7om Marola instability on our customers vde are working ci b,ac: l'.; io project priciny moves and are insiitutiny BUDGET DATE 2.25.2022 contingencieslaAowances within our budgets where appropria[e.Please be aware thal lf7ese REVISION DATES None coniinyencies 8 allowances will only be billed ayai ,c; io Ihe cxtent ihat ihe anticipaled pricing increases PROJtG�i S:,OPE This budget cost is to convert a pre existing 3 unit resldence into a single family ��<<�a��)'^�� I'lease nole: llllhough wE v��.11 do cur home.Please note that aHer our initiai site walk,it is evident that tbe long and hesi to aniiCipaie fhe markel and lo lock in maier��I narrow building footprinUlayout was clearly designed for 3 separete seif controlled pricing 25 ea�ly as pOssible,thefE is very litlle units and does not,nor has ever,supported a single family build.The construction �J�fi��!i":�e iniormation coming oul CT LhC IT1�fkCl�l'�.f i��,�'. cost far outweighs any benefits of this conversion and we recommend against this ��F. li�7�any point,lhese allowBnCes we h8ve type of construction.Due to the deficieM layout as a single family buiid,Bonacio F�roj2cled do noi appear lo be sufiicieni io c'::ve�� Construction will need to eliminate Ihe entire garage loft(1 bedroom,1 bathroom, ��ntidl @xpenSC W8 will COmtnuniCaiC I`iir> kitchen and living spaca)to gain conditioned access to the back of home.BCI will also need to eliminate the two bedrooms at tM1e front dwelling for access to the ��formalion to you and mTke t!ie r,ecet:;st��r remainder of this home.Lastly,BCI will need to etiminate the upper level bedroom a��)��GhnCnIS as C,9rl;i aS poss:i,'�• 8 bathroom at the back unit to create a new hallway for access.As a direct resull, GROSS SQUARE FOOTAGE Approximately 3.600 SF ASSUMED DURATION 4 Manths EXCLUSIOtJS See Summary Sheet TAX STATUS Capitai Improvement lTEMIZED BUDGET-WAITF RESlDENCE =Allowances-Shaded r,ells represent those elements Ihal will 6e chosen by the Clienl during the selection process. BCI has assigned allowanr.es based on rer.ent construclion projeCls 5imilar in siZe and expense lo this project. LABOR SF OR UNIT COST CSI DESCRIPTION HouRS uNIT TVPE ro7A� 0000 CONTRACT REQUIftEMENTS _ Divrsion Tota! $37,450.00 0100 ArchitecWral Drafting!Engineer-Typical cost is 4-6°r6 of contract vaWe 0450 Third Part Special Inspections 0151 Hazards Survey-No remediation or air monitoring is included untll we know if the material on site is hazardous 0300 Legal Fees-Contract issuance&review 0600 Insurance-General Contractor Liability 8 Builders Risk Insurance OJ00 GENERAL REQUIREMENTS _ Divisron Tota1 $73,645.00 70f0 General Adminislrative Cosls/Selections a�d Desig�s 7030 Safety!OSHA Compliance 1039 Printing Cosls 7040 Coordination f Supervision-24HR Per Week,4 Monlh Duration f047 ProjectManagement-67%ofSupervision 1060 Permits 6 Fees-Demolition and remodel permits 1505 Mobil¢alion Cosls - — --------- —� -- - -- - — --- 7506 Fuel 7570 TemporaryUfilities Temporary ElecVic-Utilize exisling eleclric Temporary Sanilary-Porta-John Renlals 1560 Construction Cleanup- 1600 Misceilaneous Small Malerials 1610 Ma�erial Handling 1 Delivery 7720 Final Cleaning-Entire home and garage(boih kvels) 2050 DEMOLITION!DEBRIS REMOVAL _ Divrsion Total $29 970.00 2050 Demolitinn-(3 man.1 monlh) Remove walt&closets�separating back two bedrooms al the front unit as required for new layout and corndo� Remove exterior wall at front and back unit to connect all 3 units on the second floor Construction BuAget-85 Nelson Ave 216.2022 Page 1 oi 4 LABOR SF OR UNIT COS7 CSI DESCRIPTION H�URS UNIT TYPE TOTAL Slrip drywall al ceiGngslwalls as required for ducting connections Remove back elevated palio as required tor slairs leading into 6ack unit � Remove roof shingles,and end trusses to create enough head space for new hallway leading trom the(ron!budding to back building Remove bathroom,kitchen and bedroom finishes at garage loft lo convert unit into halMray as required to connect front and back uni[ Sirlp Oooring(lile and IVT�at loft erea and upper bedroom to replace with hardwood Sirip carpet at froM unit bedrooms as required For new layoul BCI has included replacing the carpet ihroughout these two bedrooms due to exisifng being dated Remove Kitchen at back unit as lhis area will not be requiretl since the kftchen in the front unit will act as the main and only kilchen area Remove trims and finishes as reyuired at front 8 back unit bedrooms as required for new layoul 'Mechanical demolilion included 6etow in CC 15000 2060 Debris Removal-Dumps�er Service 2300 EARTH WORK•NONE ASSUMED -. 2800 SITE IMPROVEMENTS!LAN�SCAPING-BY OWNER - 3300 CONCRETEIGYPCRETE _ Division Total $7,528.00 3700 Concrete Resroration&Cleaning-Fill crecks and pour gyperete at existing garage 0oor due to condition of existing 4200 MASONRY-NG�REt�UIRED - 5100 STRUC7'URAL STEEL _ Division Total 5700 Struclural Sleel- - --� $5.023.75 _ W 24 x38 3"Sleei Columns-See interior trims tor columns and beam wraps Bolis!connections Buckelo/Shims � 5704 Crane Service&labor _ . - —--- -------.___ - — --- -- Temporary shoring 5400 COLD FORM METAL FRAMING — 5500 MiSC.-ORNAMENTAL METALS — 6100 ROUGH CARPENTRY _ Divisipn Total --- -- ---- - - -- - $31,485.00 6700 Framing -Malenal&Labor � Labor-Matala Builders ROM bid based on notes from sde walk and experience with�lhese rypes of remodels Mats required tor conversion- Interior walls required for new hallways and layout Exlerior end walis afler demolition is complele b create access trom fronl unit to back unit Deck 8 Roof over frame- inGudes LVLs and stick framed rafters req.to�ie Ihe garage lofl inlo the fronl and back unils New floor lrusses where garage lofl altaches lo both 1roM and back unil Inwall blocking � Miscellaneous Fasleners.Hangers,Nails,elc. - EQuipmenl&Tool Rental-LiFts&Lull•Required lo pad out existing roo( 6195 Engineered Beams 8 Joisfs-Sfee!at garage incfuded in CC5700 62D0 INTERIOR TRIMS _ Division Tota! $2U,595.42 6200 Finish Interior Trim Malerials- PWM618 3-V2"6ase to match exlsting PWM726 1i2x3i4"PFJ shoe moiding at baseboard locations PW M444 3-V2"colonial casing lo malch exisling-al side of doors - Custom Headers at new interior doors lo malch enisting-materials required:1l2x6 poplaL 3- 5!8"crown and 1f2x4"poplar 5f4x6'Poplar at jambs&CoNmns wraps 5l4x10"beam wrap � PWM100 Cove-ai new stairs Property Protection-rosm paper,prolectrve film,precompietion security,etc. .. -- � --�-- � --- 6204 Finish Tnm!Carpenlry Lahor-Including vanity and shelviny install - 6400 ARCHITECTURAL CASEWpRK-NEW VANtTY&CLOSETS ONLY, _ Division Tota! CASEWORK TO REMAIN $1,772.58 6230 Storage shelving 1 Closet Packages-Laminated shelving 6'Balhroom vanily at back unil 6430 STAIRS _ Division Tota! $3 336.00 6430 Wood Stairs&Handrails Add slairs at each side of existing garage lofl to connect all units on lhe second floor Malenals-Assumes oak treads with pine slringers and risers. - 7200 INSULATION __. Division Tofal 7200 Insulalion- - --- —- --- -- $4,606.95_ R-21 new al exterior walls R-38 rim and band joisl Construction Budget-85 Nelson Ave 2.16.2022 Page 2 of 4 LABOR SF OR UNIT COST CSI DESCRIPTION HOURS UNIT TYPE TOTAL R-38 ai new 11oor joist of converted garage R-49 bluvm at new roof sections � Energy s�ar sealing-seal dayliyht cracks at new OSB,caulk new ez�erior wall plates to subfloor,insulate around new door headers&seal any penetrations Ihrough bottom plates 7300 ROOFING _ Division TotaJ _ $5,765.00 7300 Shingle Roofing-30 Yr,archi�ectural shingles to match existing 7350 Gutters - 7400 SIDING _ Division Total $11,010.00 7400 Siding-New and patchint�as required.Includes boral trims and corner boards Exterior painting fnciuded below 7900 CAULKS-SEE INSULATION ABOVE — 8200 INTERIOR DOORS _ Division Tota! $1,650.00 8200 Interior W ood Doors 8 Frames 6 Panel Solid Core Masonite 6'8"Doors to match existing;includes hardware(Kwikset or equal) 8300 SPECfAL DOORS-NIC — 8400 STOREFRONTS-NIC _._ 8500 WINDOWS-NIC — 9200 GYP VOALL BOAR6 ASSEMBLIES _ Division Totaf – - - ----- -- $13,490.00 9200 Gyp.W all6oard-New and patching as required at ceilings to rework ducting � � Gara9e Loft patching New Construction � � Remodel Areas � 1 sV2nd Fbor Ceilings/Walls As required for HVAC scope 9500 ACOUSTICAL PANEL CEILINGS — 9500 FLOORING _ Division Total _ _-_ $17,047.00 9600 Hardwood-Assumes pre6nished hardvrood �-- A1 new haltway leading trom front unit staircase.Ihrough lo back unit. � A1 previous ba�hroom in garage loft - Palching fo best malch exis�ing a�back unit kilchen once removed New Carpet al fronl unil bedrooms-Shaw or equal 9900 PAINTING _ Division Total $22 700.00 9900 Inlerior Pamting-Enlire home. 9940 Exterior Pain�ing- �� 9950 Wall Coverings-WJC Allowance � 90000 FIREPLACES-NIC — 10800 BATHROOM ACCESSORIES _ Drvision Total $1 900.00 70800 Balh Accessories-Robe hook,toilet paper holder.�owel bars and grab bars 70B50 Shower poor Unit 11000 EQUIPMENT-NIC EXISTING REPLACED RECENTLY — 13000 SPECIAL CONSTRUCTION-NIC — 14000 CONVEYING SYSTEMS-NIC — 15050 PLUMBING- _ Division Total $24 654.OD 15010 Plumbing Permds 15050 Plumbing Rough In and Trim Out-688 PlumbingMeating provided quole based on site visit � Remove f�Klures al IoH balhroom.Cul and cap sanitary and DHWlDCW.Remove existing fxlures al the hack to har,k bathrooms at the back urnt upsla�rs bathrooms as required to enlarge. Cul and r,ap sanilary antl DHWIDCW al 1011 kilchen and back unit kilchen Cul and cap waler supply to each hot waler healer&remove existing.Add 75 Gallon HW H vn[hin garage l0 5ervice enGre home 8�econnecl. Recirc loop — New rough ins tor back unil eniarged balhroom 15400 Plumbi�g Fixtures-Albwance for new fiztures at enWrged bathroom at lhe back unR apstairs bathroom 95300 SUPRESSION SYSTEM-NIC — 15500 HVAC _ Divisron Total $27,205.00 i5500 HVAC•B&B Plumbing/Heating provided quote based on site visit Ducdess minisplil syslem al currenl garage Construction Budget-85 Nelson Ave 216.2022 Page 3 of 4 LABOR SF OR UNIT COST CS! DESCRIPTION HouRs uNir TVPE rotn� Rework existing ducling and controls as required lo conveA the 3 uni�dwelling into a single family home.Add new mechanicals as requiretl lo complete a fully functioning dual zone system.Until drawings are deveoped we hgve included pricing based on a T8M contract.Pricing is subject to change pending ArchileGs review and directive 16000 ELECTRICAL Division Tota! $20,780.00 76050 Etectrical Rough In and Trim Out- Make safe prior lo demohtion Fire safety-120V smoke delectors and wmbos Installalion oi new ligh�ing fixtutes Includes ail sinole pole,three-way,four-way and dimmer switches.Decora dimmers used throughout. includes low vollage cabling 1fi500 EledricalFixWres 16700 DATA/1T-NIC Divisio»Tota! _ Builder Cost 5361,604.70 OH&P 20% 572.32U.94 Contin enc 5% E21,696.28 Construction Cost 3455,621.92 Construction Budget-85 Nelson Ave 2.16.2022 Page 4 0(4 LABOR SF OR UNIT COST CSl DESCRIPTION HOURS UNIT TYPE TOTAL 7300 ROOFING Division Tota! $5,756.00 7300 Shinyle Roofiny-30 Yr.architeclural shingles fo malch exisling - 7350 Gutters 7400 SIDING Divisron Tofa! $11.010.00 740D Siding-New and patching as required.Includes boral trims and corner boards.Ezterior painting included below 7900 CAULKS-SE[INSULATION ABOVE 8200 INTERIOR DOORS Divrsron Total $1,650.00 d200 Interior Wood Doors&Frames � � � 6 Panel Solid Core Masonite 6'8"Doors to match existing;indudes hardware(Kwikset or equal) 8300 SPECIAL DOORS-NIC 8400 STOREFRONTS-NIC 8500 WINDOWS-NIC 9200 GYP WALL BOARD ASSEMBLIES Division Tofa! _ _ ____ $13 490.00 9200 Gyp.Wallboard-New and patching as required al ceilings lo rework ducling Garage Lok palching - New Conslructlon Remodel Areas 1sU2nd Floor Ceilings!Walls As required for HVAC scope 9500 AC�USTICAL PANEL CEILING5 9600 FLOORING Division Tota! _ —_ _ _ _ $17,047.00 9600 Hardwood-Assumes prefnished hardwood �� A�new halhv�y teading from fronl unil slaircase.through lo hack unit. Al previous bathroom in garage lofl Patching to 6esl match existing at back uNt kitchen once removed New Carpet al fronl unil bedrooms-Shaw or equal 9900 PAINTING Division Total $22,700.00 9900 Interior Pain�ing-Entire home. � 9940 Exterior Painting-Caulk all new siding,paint boral trims and corner 6oards � - 9950 Wall Coverings-VWC Allowance i0000 FIREPLACES-NIC 10800 BATHROOM ACCESSORIES Divisron Tota! - $t,900.0� 10800 Balh Accessories-Robe hook,toilet paper holder,towel 6ars anA gra6 bars f 0850 Shower poor Unit 11000 E4UIPMENT-NIC EXISTING REPLACED REGENTLY 93000 SPECIAL CONSTRUCTION-NIC 14000 CONVEYING SYSTEMS-NIC 15050 PLUMBING- Division Tota! $24,654.00 15010 Piumbing Permils 75050 Plumbing Rough In and Trim Oul-88B PlumbinglHeaiing provided quote based on site visit Remove fixtures al loft halhroom.Cut and cap sanitary and DHWIDCW.Remove ezisting fixWres at the back to back bathrooms at the back unil upstairs bathrooms as reyuired lo Cul and cap sanitary and DHWlOCW at loft kitchen and back unil kitchen Cul and cap waler supply to each hol water healer&remove existing.Add 75 Gallon HW H within yarage to service entire home 8 reconnect. Recirc loop - � � New rough ins for back unil enlarged bathroom ?5400 Plumbing Fixtures-Albwance for new fixtures al enlarged bathroom at the back unit upstairs 6athroom 15300 SUPRESSIOtJ SYSTEM-NIC 15500 HVAC Division Tota! -- __-- _-- $27,205.00 15500 HVAC-B&B PlumbmglHeatmg prowded yuote based on sile visit �uctless minisplit syslem at current garaye Rework exisliny duding and controls as reqwred to convert Qie 3 unil dwelling mto a sinyle family home.Add new mechanicals as required to complele a fully functioning dual mne system.Until dravnngs are deveoped we have mUuded pncing based on a T&M contract. Pricing is subject to change pending Archilecls review and tlirective Construc[ion Budget-85 Nelson Ave 2.25.2022 Page 6 of 7 1A80R SF OR UNIT COST CSI DESCRIPTION HOURS UNIT TYPE TOTAL 16000 ELECTRICAL Division Tofal _ _ $20.780.00 76050 Electrical Rouyh In and Trim Oul- Make safe prior to demolition fire safety-120V smoke delectors and combos Ins[allation of new lighting fixtures I�cludes all single pole,lhree-way,four-way and dimmer switches.Decora dimmers used throughout. Indudes low voltage cabBng 76500 Electrical Fixtures ?6700 DATAlIT-NIC Builder Cost 5361,604.70 OH 8�P 20% a72,320.94 Contin enc 5°/a 521,696.28 Construction Cost 5455,621.92 Construction Budget-SS Nelson Ave 2.25.2022 Page 7 of 7 18 Division St I Suite 401 � Sarato�a Sprin�s, NY 12866 www.bonacio.com facebook insta�ram twitter 2 W W o- c o 0 0�_-. o 0 0 e O� ��N`�� f �O�f a�0 �.r � N U OZwM' ✓,"'�"�v' - �°w c' w�� in�n��w w 0 0 0 0 0 0 �o o � J W O O O o 0 o O�Q o Q vo �oioc'i� � � ~ W N N Vy O LL�]� C �� N OW�fAfAVlil�t9��W u1 � O) O O O O � C � O O O O � - O O O O O n � �O O O O��O� �p O O O O O M !� O 1� Q � �(n W tA Vi V3 tA If3 iH M W ��O O O O O O�O O � tll O O O O O O � O O � {C y N 1� N 1� (O (D N V (D N yC�t")(D�O W N cD N N y� (D N C (V M M N jp ^ � N N N Q N � � � Vf f9 W W f9 Ei1 y�fA Hi y� 9 I W O p O O p p O�O O m ��c0� �N N M�M tD � O N C' O�(O(D (7 O � K�� r � �M� n �C ��c�� N�(i�� O �u' Vi� d1 V3�(f3� N LL C� � A J O O O O O O O O p O '+ O O N v � �N OD O N O(�O��N �` Cw « O t0 O� V M t�N � tD �V C (�fl��M�6�A O O d�9 N ^ @ d' M di M i� � � � O O O O O O O O O � a o 0 0 0 0 0 0 0 0 . ; m <criwria;a;riaoai n � �N a m �[J N d Oi Qi n a � A W(D C'J ln� N 00 m�;m�� - �� 0 yo 0 0 0 0 0 0 0 0 � d o 0 0 0 0 0 0 0 0 � Z `° d�vop �N �mMntOi "� C ornrn� �coco� io O F-tD�N tD N N N V � f� � if)tn�n�N N � �(7 � � vi vi»w Vi Vi Vi uf en $ H Z o 0 0 0 0 0 0 0 0 0 W o ui ui�n � E� �� N V N� O J W o O�i v �n�n tV O)� �n F C p�j�v�j r��O O O m H Q M fH fA V3 fA fA fA b9� W F C O O O O O O O � 01 O O�O O O O O� O � O O�O O O O O O N E �p I��O�i�N(�O O O �� N r 9 N O�o�c0!� u'i O m V3 Fn�tH W b9 Vi W� W C O O O O O O O O O � m O O O O O O O O O � � O� O O O O O N O N € won � u� orr�N o �O �N� f� O 00 'O ('�� ['>V V O O� I� � m V (�I f7 f7 f7 f'"�f")N N fA fR W b9 di H9 Ifl tA 1� y� H C O O O O O O O O � N O 0 O O O O O O O � � O � O O p N u)O O � ifJ N O N N N N O E ln�M A (�1 p N N 1� � � M Qj V �O O�N O W � (j� C y M V N t0 cD LL�C � � fn N9 1A fi3 V3 M fA fA W NNmm ��n�naM � m o 0 0 0 0 0 0 0 0 0 Y N N N N N N N N N r jcarusone@carusonelaw.com From: William Moore <appraisalsaratoga@msn.com> Sent: Monday, February 7, 2022 4:43 PM To: John Carusone Subject: Appreciation Attachments: sf 2022.pdf; sf 2013.pdf; 2013 mf.pdf; mf 2022.pdf John This only took me a few so I wanted to send it to you. Average selling single family 2p13-$328,000 2022-$651,000 Average Selling Price Multi Family-2013-$123,000 2022-$1,002,000 I sent along the printouts labled. Bill 1 2/7/22,4:35 PM Market Summary Report�flexmis Web Market Summary 12866 Residential,January 2013 Number of Listings Listings Prices 6G0 SSOOK 500 $400K 1:..__ __.. 400 i "" \ 530UK 300 $200K 200 100 . -=" �� $100K r—j'--:�-o�<,— ' � � � � � � �:�' � �1' � � .:� — - �- Q' � 7 r > > � � O ? O � 0 � � � � � � � � �ti �ti t�' c,' Q= S > >' �: r� ,,{� � Q y� f Achve Median List Pnce �'� .:- New Medi2n List Price I 4 Active Lislings C� New Lisunys t Sold Listings '�, ♦Sold Median Saie Price , Absorption Rate, in Months Sold to List Ratio 18 Mo ----�----- --------I 96�„� .__ _� 17 Mo 16 Mo. �'°I I 15!.1r, 92°<, 14 MO 13 Mo 90^-6 12 Mo 11 Mo. 88°%�. +:' � :Z' .:� �:b ,� �:�' .�' :1' � ^ .�' .�' .N �:�' .:1� � � � � � � � �� <- > ` v � 0 2 0 � �' � � � ` � d � o � o � ;C,bsorpfion Rate ♦Sale to Onginal List Price Ralio i I Days on Market Price Volume tp;i —._._------ -- $a00M �:` S300M 12G �nn 5200M s;; $iooM r,i; 4 0 �- � - _� So .iG . _ .. .. . .... _ �.`�' �' � � n .:L .:�' �:� �' � .1' � `` -- -- 4' �s � � > > d � c� ? O' � 4n �'" �� i 5� �� . p� _� 0� �.- i Aclive Lisl Voiume �G• New Lisl Vo�ume ♦Average OOM � ♦Sold Sate Volume � I https://glo.flexmis.com/cgi-bin/mainmenu-compress.cgi?cmd=srv stats/markeUindex.html&234 �/2 217/22,4:35 PM Market Summary Report�flexmis Web Summary Statistics Jan-13 Jan-12 %Chg 2013 YTD 2012 YTD %Chg ADsorp[ion Rate 1229 16.25 -24.51 1229 16.28 -24.51 Average List Price $538,256 $520,018 3.51 $530.952 $515,743 2.95 Median List Price $412,900 $394,400 4.69 $407,900 $389,900 4.62 A�erage Sale P.ice $328,�79 $337.865 -2.69 $328,779 $337.865 -2.69 Median Sale Price $281250 $273,875 2.69 $281,250 $273,875 2.69 A�erage DOM 120 121 -0.83 119 121 -1.65 Median DOM 93 124 -25.00 93 124 -25.00 Sold Listings Pending Listings This Month Year to Date This Month Year to Date 2013 2072 %Chg 2013 2U12 %Chg 2013 2612 %Chg 2�13 2012 %Chg 0-29.999 0 0 0.0 D 0 0.0 0-29.999 0 0 0.0 0 0 0.0 30,00039,999 0 4 0.0 0 0 D.0 30.00039.999 0 0 0.0 0 0 0.0 40,OOQ-09.999 0 0 0.0 0 0 0.0 40,000-49.999 0 0 0.0 0 0 0.0 50,000-59,999 0 0 0.0 D 0 D.0 50,000.59.999 0 0 0.0 0 0 0.0 60.000-69,999 0 Q 0.0 0 0 0.0 60,000-69.999 0 0 0.0 0 0 0.0 70.000-79.999 0 Q 0.0 0 0 0.0 70,000-79.999 0 0 0.0 0 0 0.0 80.000-89,999 0 0 0.0 0 0 0.0 BU,000-69,999 0 0 0.0 0 0 0.0 90,000-99,999 0 0 0.0 0 0 D.0 90.00D-99,999 0 0 0.0 0 0 0,0 100,000-119,999 0 1 -100.0 0 1 -1fl0.0 100,000-119.999 0 0 0.0 0 0 0.0 129,000-139,999 1 0 NfA 1 0 N1A 120.000-139,999 0 0 0.0 0 0 0.0 t4o.000-i59,999 2 0 N/A 2 0 N/A t40,0U0-159.999 0 1 -100,0 6 1 -100.0 i60,000-n9,999 2 2 OA 2 2 0.0 160.000-179,999 4 1 300.0 4 1 3000 i80.000-199.999 1 2 -50.0 1 2 -50.0 �Bo.000-i9s.9ss 3 2 50.0 3 2 50.0 200,000-2a9.s9s 5 5 OA 5 5 OA 200,0oo-24s,sss 0 4 -100.0 0 4 -100.0 250.000-299.999 4 2 100.0 4 2 100.0 250.000-299,999 4 5 -20.0 4 5 -20.0 300.000-399.999 6 3 100.0 6 3 t00.D 300,000399,999 8 4 100.0 8 4 100.6 400.000-499.999 2 2 0.0 2 2 0.0 400.000�99.999 4 2 100.0 4 2 100.0 SDo 000+ 5 5 0.0 5 5 0.0 500,000+ 5 7 -28.6 5 7 -28.6 7otals 28 22 27 3 28 22 27.3 Totals 28 26 7J 28 26 7.7 Active Listings New Listi�gs This Month Year to Date This Month Year to Date 2013 2012 %Chg 2013 2012 %Chg 2013 2012 %Chg 2013 2012 °/Chg a-1�3yy� o i -�oo.o o � -ioo.o o-2s,��ss o 0 0.0 0 0 0.0 30,000-39,999 0 D 0.0 0 0 0.0 30,000-39.999 0 0 0.0 0 0 0.0 40,000-49,999 0 0 0.0 0 0 0.0 40.000�19.999 D 0 D.0 0 0 0.0 50,000-59,999 0 0 0.0 0 0 0.0 50,000-59,999 0 0 0.0 0 0 0.0 60.000-69,999 0 0 0.0 0 0 0.0 60,000-69.949 0 0 0.0 0 0 0.0 70.000-79.999 3 0 N1A 3 0 N1A 70,000-79.999 1 0 N/A 1 0 N/A 80.000-89.999 1 0 N!A 1 0 NIA 80,000-89,999 0 0 0.0 0 0 0.0 90,000-99,999 1 0 N!A 1 1 0.0 90,000-99,999 0 0 0.0 0 0 0.0 too,000-7i9,sss 3 2 50.0 3 2 SO.Q 700,000-�ts.s9s 0 a 0.0 0 0 0.0 120�900-139.999 2 1 100.0 2 1 100.0 �20.000-139.999 1 0 N/A 1 0 N/A iao.000-i59,999 4 9 -55.6 5 10 -50.0 ta0,0oa�59,999 2 2 0.0 2 2 0.0 ieo.000•ns,ss9 g 16 -43.7 12 19 -36.8 tsa,000-t7s,999 1 4 -75.0 1 4 JS-0 780,000-199,999 19 12 58.3 20 14 42.9 t80.000-t99,999 0 3 -100.0 0 3 -100.0 200,000-249,999 27 40 32 5 32 46 30.4 200.000-2ag,9gg 3 10 -70.0 3 10 -70.0 250,000-299.999 49 63 -22.2 60 64 -6.2 250.000-299,999 12 14 -14.3 12 14 -14.3 300,000-399.999 107 121 -11.6 120 133 -9.$ 300,000399.999 18 14 28.6 16 14 28.6 400.o0D-49s,9s9 68 62 9.7 78 64 21.9 400.000�499,999 10 6 66.7 10 6 66.7 SOO,o00+ 176 183 -3.8 192 196 -2.0 500,000. 15 19 -21.1 15 19 21 1 Totals 469 51D -8.0 529 551 -4.D 7otais 63 72 -12.5 63 72 -12.5 - -- - -- - - - - ----- ---- - ---- -- --- - Information is deemed to be reliable,bul is not guaraMeed.C�2022'."L.��and�BS.Prepared by William A Moore on Monday.February 07.2022 4�.35 PM. https:l/glo.flexmis.comlcgi-bin/mainmenu-compress.cgi?cmd=srv statslmarkeUindex.html&234 2/2 217/22,4:33 PM Market Summary Report�flexmis Web Market Summary 12866 Residential,January 2022 Number of Listings Listings Prices 30U g700K 250 $600K � r 200 $500d -� - - - - _ 150 $40DK 100 < $3001< - / ` �!� -- $200K 50 � � __ �l. ti !l� ti �4 ti ;� �L �Y �Y �4 �4ry �" �C 7 � > > Q � O ? O � 0 ��: ry ti .ti � �� ti ,1: � �y ti ti� t�' c Q- �p' �" y �. .�' 2 Q y f Adive Median List Price -: New��ledian Lisl Price t Ac6ve Listings i4r New L�st�m:is ♦Soltl Lis6ngs ♦Sold Median Sale Pnce I Absorption Rate, in Months Sold to List Ratio 6Mo �-- �oz'r;��----�----- --- s rno ioo� a nn�,. ' � 98°r�• 3 Mo. 2 Mo y6V` 1 Ado. — 94'.-, -----� `l: - 'ti rL 'ti `� 'V r�, ry' rY`� :1. ��; � r � ti ;l� ti �Y �L 'L N�' � �. , �. - ` e� 5 d 2 O � G� . d� �`� �J � � �i O ? O � ♦Absorption Rate ♦ Sai,:•to Oriyinal List Pnce Ratio I Days on Market Price Volume tun --- —— $300M �G 3250M 5200M 60 $150M 4�� $1 OOM � [ $50M $d ---_ -- I ,� ... . ., _. . C �_. ..._.__...._ —___.—__ _ _ '.—_—— __. `� 'b !L 'L '1� ;Y ;�� 'V ti ti ti rL�' �,� `�; �,; < \^ ,ti Y: �: ��; `� �� e � > > e h o � o � ♦Active List Volume fi New List Volume ♦AvCrage DOM ♦Sold Sale VOIumE https:!lglo.flexmis.comlcgi-bin/mainmenu-compress.cgi?cmd=srv statslmarkeUindex.htmi&324 �/2 2!7/22,4:33 PM Market Summary Report�flexmis Web Summary Statistics Jan-22 Jan-21 %Chg 2022 YTD 2021 YTD %Chg Ahsorption Raic 201 6.46 -68.89 2.01 6.46 -68.89 Average Lis�Price $723,924 $688,638 3.62 $761,213 $693,829 9.71 Median List Price $629,900 $579,450 8.71 $625,000 $579,000 7.94 Average Sa1e Price $651,501 $455,374 43.07 $651.501 $455,374 43.07 Median Sale Price $532,500 $395,000 34.81 $532,500 $395,000 34.81 Average DOM 88 32 175.00 88 32 175.00 Median DOM 38 15 153.33 38 15 153.33 Sold Listings Pending Listings This Month Year to Date This Month Year to Date 2022 2021 %Chg 2�22 2021 %Chg 2022 2021 %Chg 2022 2021 %Chg 0-29.999 0 0 0.0 D 0 0.0 0-29.999 0 0 0.0 0 0 0.0 30.000-39,999 0 0 0.0 0 0 0.0 30,000-39,999 0 0 0.0 0 0 0.0 40,000-49,999 0 0 0.0 0 0 0.0 40,000-09,999 0 0 0.0 0 0 0.0 50,000-59,999 0 0 0.0 0 0 0.0 50.000-59.999 0 0 0.0 0 0 0.0 60,000-69,999 0 0 0.0 0 0 0.0 60.000-69.999 0 0 0.0 0 0 0.0 70.OQ0-79.999 0 0 0.0 0 0 O.D 70.000-79.999 0 0 0.0 0 0 0.0 80,000�89.999 0 0 0.0 0 0 0.0 80,000-89,999 0 0 0.0 0 0 0.0 90.000-99.999 0 0 0.0 0 0 0.0 40.000-99,999 0 0 0.0 0 0 0.0 100,000-119,999 0 0 0.0 0 0 0.0 100.000-119.999 0 0 0.0 0 0 0.0 120.000-139.999 0 D 0.0 0 0 0.0 120.000-139.999 0 0 0.0 0 0 0.0 140.000-159.999 0 0 0.0 0 0 0.0 740.000-159.999 0 0 0.0 0 0 0.0 160.000-179.999 0 0 D.0 0 0 0.0 'I60,000-779,999 0 0 0.0 0 0 0.0 180,000-199.999 0 0 0.0 0 0 0.0 180.000-�99,999 1 3 -66.7 1 3 -66.7 200.000-249.999 1 1 0.0 1 1 0.0 200,000-249,999 3 3 0.0 3 3 0.0 250.000-299.989 5 6 -16-7 5 6 -16.7 250.000-299,999 2 5 •60.0 2 5 -60.0 300.000-sss.sss 11 13 -15.4 11 13 -15.4 300.o0o-3s9,999 6 8 -25.0 6 8 -25.0 400.000-499.995 4 9 -55.6 4 9 -55.6 400,000-099.999 4 4 0.� 4 4 D.0 500,000+ 27 70 170.0 27 10 170.0 500,000* 1g 15 26.7 19 15 26.7 7ota�s 48 39 23.1 48 39 23.1 7ota�s 35 38 -7.9 35 38 -7.9 Active Listings New Listings This Month Year to Date This Month Year to Date 2022 2021 %Chg 2022 2021 %Chg 2022 2021 %Chg 2022 2021 %Chg 0-2s.s99 0 0 0.0 0 0 0.0 0-29.999 0 0 0.0 0 0 0.0 30,000-39,999 0 0 O.Q 0 0 0.0 30.000-39.999 0 0 0.0 0 0 0.0 40,000-49.999 0 0 0.0 0 0 0.0 40.000-09,999 0 0 0.0 0 0 0.0 50,000-59,999 0 0 0.0 0 0 0.0 50,000-59,999 0 0 0.0 0 0 OA fi0.000-69,599 0 0 0.0 0 0 0.0 60,000-69.999 0 0 0.0 0 0 0.0 70,000-79.999 0 0 0.0 0 0 0.0 70.000-79.999 0 0 0.0 0 0 0.0 80.000-89,999 0 0 0.0 0 0 D.D 80,000-89,999 D 0 0.0 0 0 0.0 90.000-99.999 0 0 0.0 0 0 0.0 90,000-99,999 0 0 0.0 0 0 0.0 100,000-119.999 0 1 -100.0 0 1 -100.0 100,000-719,999 0 0 0.0 0 0 0.0 720,000-139,999 0 0 0.0 0 0 D-0 120.000-139,999 0 0 0.0 D 0 0.0 140,000-159,999 0 0 0.0 0 0 0.0 140.000-159.999 0 0 0.0 0 0 0.0 760,000-179.999 0 0 0.0 0 1 -100.0 760,000-179.999 0 1 -100.0 0 1 -100.0 �80.000-199.999 0 5 -100.0 1 5 -80.0 160.000-199,999 1 1 0.0 1 1 0.0 200,000-2a9.99s 1 12 -91.7 4 13 -69.2 200.000-249,999 3 0 N!A 3 0 N1A 250,000-299.999 1 9 -88.9 4 13 -69.2 250.000-299,999 2 6 -66.7 2 6 -66J 300,000-399.999 14 35 -60.0 18 39 -53.8 300,000-399,999 3 4 -25.0 3 4 -25.0 aoo.000-ass,sss �3 49 -735 22 54 -59.3 aao,000sss,s9s 8 7 14.3 8 7 �a.3 So0.0ao* 80 215 -62.8 103 234 -S6A 500.000+ 21 25 -16.0 27 25 76.0 7otals 109 326 66.6 152 360 -57.8 To�als 38 44 -13.6 38 44 -13.6 Information is deemed to be reliable,but is not guaranteed.O 2022 A9LS and FES�.Prepared by William A Moore on Monday,February 07,2022 4�32 PM. https:!/glo.flexmfs.com/cgi-bin/mainmenu-compress.cgi?cmd=srv stats/markeUindex.html8�324 2/2 2/7/22,4:31 PM Market Summary Report�flexmis Web Market Summary 12866 MultiFamily,January 2022 Number of Listings Listings Prices 3U 52AA 25 SLSP;1 zn S�na , �J �`� 5500K . - -� - - ' � - 10 � '/' � $� ----- 5 � �� R� ti `b '?i � n- ,\; n �� r�,`�' � . - . � cS `Z �. � � F �i v c O � (] ti ��' � � j j Q y `ry ,l' Q� j� ♦Aclive Median List Price I'� 4' ; New Median List Price �, t Actrve Listings 6.- New Lislu�.os ♦So!d Lislings � ♦Sold Median Sale Pnr,e Absorption Rate, in Months Sold to List Ratio 12 Mo. --- ------------- ---------i �30'y�- ._.... -- --� - 10 Mo. 12G°.�� 8 Mo � 110°��,� I 6 Mo. 100'�: � 4 Mo 909 2 Mo. 80";,: 0 Mu 70%0 �4 ;�, '� � `1� ry �4 N �4 `Y ti tiry 'li 'L �?i ^ �Y h ;4 '4 N �L 'L ryry � � Q � . � Q � O 2 O > �" �s � , �� 5 O 2 O � ♦Ahsorption Rate , ♦S.�I�-t��Original Lisl Price Ra�io Days on Market Price Volume 3D0 530M 250 �25M 20U 520M g15n4 15(J S70t.9 '�r_�—_o',, iG0 � 55At " -c: 50 �. _�, $p . (1 _ __.-__ _ _ _ -._ .___ .._.__. __ �Y �b '?i h �4 N �L R� ti h 'L ti � ti ti , :i� ti „ ; , � ti �ti 4� �r' Q g > > � � o ? O � `�� Q �`y > �'� °�V oy �'� O �� t Active Lisl Volume i� Nex�List Volume � ♦Averoge DOM ♦So1d Sale Volimie � https://glo.flexmis.comlcgi-bin/mainmenu-compress.cgi?cmd=srv stats/markeUindex.html8�363 1/2 2l7122,4:31 PM Market Summary Report�flexmis Web Summary Statistics Jan-22 Jan-21 %Chg 2022 YTD 2U21 YTD %Chg Absorp�ion Rate 1 14 10.59 -89.24 1 14 10.59 -8924 AveragelistPrice $1,008,250 $656.146 53.66 $870,143 $659,345 3197 Median List Price "y667,000 $550,000 21.27 $729,000 $564,500 29.14 Average Sale Price $1,002.500 $355,000 182.39 $1,002,500 $355,000 182.39 Median Sale Price 5535,000 $355,000 50-70 $535,000 $355,000 50.70 Average DOM 68 89 -23.60 68 89 -23.60 Median DOM b3 89 -29.21 fi3 89 -2g.21 Sold Listings Pending Listings This Month Year to Date This Month Year to Date 2022 2021 %Chg 2022 2021 %Chg 2022 2021 %Chg 2022 2021 %Chg �-29.999 0 0 0.0 0 0 0.0 0-29.999 0 0 0.0 0 0 0 0 30.000-39,999 0 0 0.0 9 0 0.0 30.000-39,999 0 0 0.0 0 0 0,0 40.000-09.s9s 0 0 0.0 0 0 D.0 40.000-4s.999 0 0 0.0 0 0 0.0 5Q.000-59.999 0 0 0-0 0 0 0.0 50,000-59,999 0 0 0.0 0 D 0.0 60,000-fi9,999 0 0 0.0 0 0 0.0 60.000-69,399 0 0 0.0 0 0 0.0 70,000-79.999 0 0 0.0 0 0 0.0 70.000-79.999 0 0 0.0 0 0 0.0 8D.000-69,999 0 0 0.0 0 0 0.0 �0.000-89,999 0 0 0.0 0 0 0.0 90.000-99.999 0 0 0.0 0 0 0.0 90.000-99.999 0 0 0.0 0 0 0.0 100,000-119.999 0 0 0.0 0 0 0.0 100,D00-179,999 0 0 0.0 0 0 0.0 120.000-139,999 0 0 D.0 0 fl 0.0 120,000-139,999 0 0 0.0 0 0 0.0 140,000-159,999 0 0 0.0 0 0 0.0 740,000-159.999 0 0 0.0 0 0 0.0 160,000-779,999 0 0 0.0 0 0 0.0 160.000-V9,999 0 0 0.0 0 0 0-0 780.000-199.999 0 0 0.0 0 0 0.0 180.000-199.999 0 0 0.0 0 0 0.0 200.00Q-249.999 0 0 0.0 0 0 0.0 200,000-249.999 0 1 -100.0 0 1 -100.0 250.000-299.999 0 0 0.0 0 0 0.0 250.000-299,999 0 0 0.0 0 0 0.0 300.000399,999 1 1 0.0 1 1 0.0 300.000-399,999 0 0 0.0 0 0 0.0 400.000-499.999 0 0 0.0 0 0 0.0 400,000-499,999 0 0 0.0 0 0 0.0 500.000r 2 0 N!A 2 0 N!A 500.000+ � 3 -66.7 1 3 -66.7 Totals 3 1 200.0 3 1 200.0 Totals 1 4 -75.0 1 4 -75.0 Active Listings New Listings � This Month Year to Date This Month Year to Date 2022 2021 %Chg 2022 2021 °/a Chg 2022 2021 %Chg 2022 2021 %Chg o-zs.sss o 0 0.0 0 0 0.0 o-ss,sss o 0 0.0 o a o.o 30,000-39,999 0 0 0.0 0 0 0.0 30,OOD-39,999 0 0 0.0 0 0 0.0 ao.000-a9,999 0 0 0.0 0 0 0.0 4o,o0Da9,999 0 D D.0 0 0 0.0 50.000-59,999 0 0 0.0 0 0 0.0 50,000-59,999 0 0 0.0 0 0 0.0 60,OOas9,s99 0 0 0.0 0 0 0.0 60,000-69,999 0 0 0.0 0 0 0.0 70,000-79.999 0 0 0.0 0 0 0.0 70.000-79.999 0 0 0.0 0 0 0.0 80,000-89,999 0 0 0.0 0 0 0.0 00,000-89,999 0 0 0.0 0 0 0.0 90,000-99.999 0 0 0.0 0 0 0.0 90,000-99,999 0 0 0.0 0 0 D.0 100.000-119,999 0 0 0.0 0 0 0.0 100,000-N9,99�J 0 0 0.0 0 0 0.0 720,000-739,999 0 0 0.0 0 0 0.0 120.000-139,999 0 0 0.0 0 0 0.0 140.000-159.999 0 6 0.0 0 0 0.0 �40.000-159,999 0 0 0.0 D 0 0-0 160.000-779.999 0 0 0.0 0 0 OA �60,000-179,999 0 0 0.0 0 0 0.0 78D.OD0-199.999 0 0 QO 0 0 OA 'IBO,OOD-199,999 0 0 0-0 0 0 0.0 200,000-249.999 0 0 0.0 0 1 -100.0 200.000-249,999 0 0 Q.0 D 0 0.0 250.000-299.999 0 0 0.0 0 0 0.0 250,000-299,399 0 0 0.0 0 0 0.0 300,000-i99.999 0 7 -100.0 0 2 -100.0 300,000-399.999 0 1 -100.0 0 1 -100.0 400.000�499,999 0 5 -100-0 0 5 -100.0 400,000-499,999 0 0 0.0 0 0 0.0 500,000+ 4 9 -55.6 7 12 �41.7 500,000. 1 2 -50.0 1 2 -50.0 Tn�als 4 15 -73.3 7 20 -65.0 Totals 1 3 -66 7 1 3 -66.7 Information is deemed to be reliable,but fs not guaranleed.�O 2022 R"L6 and F�n.s.Prepared by WiNiam A Moore on Monday.February 07,2022 4:30 PM. https:!lglo.flexmis.comlcgi-bin/mainmenu-compress.cgi?cmd=srv stats/markeUindex.html&363 2/2 217122,4:30 PM Market Summary Report�flexmis Web Market Summary MultiFamily,May 2013 Number of Listings Listings Prices "LA00 $140K $130K f 1.500 $120K -�� J�� / $110K \ / \, f/ $100K .: _. 1,000 $Q�'t� $$OK 500 $70K � � � � � � �� +� '_ —_�._�.____;__' __ — _ • > > Q � O 2 O � Q' � Q' � 0 ^. ry ,h ti ^ .'V �' � � �."'- �:� � > > Q �i Ci <' O' � �� S P �4' ♦Active Median List Price ,' New FAedian Lisf Price � t Active Listings �C� New Lislings i Sold Lislinys ♦$olA MgdiBn S21e P�iCe � Absorption Rate, in Months Sold to List Ratio 23 Mu. -- —�— 89`)„ —. '--.�_� -'-.�-- � 22 Mu A8:o 87% 21 Mo. 86"4� 20 R1u. 85°%, 19 Mo. b4°;�i 78 Mo 83';: 17 Mo. -� g2'�� ;Y 'l' ;�� .:l'' ,7' �:� � � n �:� �:�' :� �v �:' �' � � �.`5 � �.`7 � � � ` �' �d� o ? o � 4' .r' � � � � e� �� o �' O � �c' � Q � ♦Absorppon Rale ♦Srdc to Original List Pnce Ra6o Days on Market Price Volume iar; -_-- $3ooM i;�� S250M 7 20 5200M ,Q $150M $100M 1G" $SOM 90 — � �0 --�� _ �.�-�—�. b0 - - 80 � � �ti ry :.ti � �`ti � � � � � � n� n �.`� n � .ti � � � � > > Q c' p = O � 4� r P � > > Q °i O 2 O � Q' �S c � .. _. . . ♦ Active Lisl Volume � New List Volume ♦Average�UM ♦Suld Sale Volume https://glo.flexmis.com/cgi-bin/mainrnenu-compress.cgi?cmd=srv statslmarkeUindex.html&926 1!2 217122,4:30 PM Market Summary Report�flexmis Web Summary Statistics May-13 May-12 %Chg 2013 YTD 2012 YTD °/a Chg Absorption Ra�e 19.08 20.85 -6.49 18 83 20.42 -7.79 AverageListPrice $137,631 $141,273 -2.58 $140.160 $136,160 2.94 Median List Prir.e $109,000 $103,950 4.86 $109.900 $103,900 5.77 Average Sale Price �123,639 $110,287 12.11 $118.308 $107,748 9.80 Median Sa�e Price $118,500 $90.100 31.52 $104.950 $85,500 22.75 Average DOM 121 158 -23.42 129 142 -9.15 Median DOM 86 136 -36.76 76 96 -20.83 Sold Listings Pending Listings This Month Year to Date This Month Year to Date 2073 2012 %Chg 2013 2012 %Chg 2013 2012 %Chg 2013 2012 %Chg 0-29.999 10 7 429 50 40 25.0 0-29.999 6 6 0.0 40 31 29A 30,000-39,999 6 6 OA 21 27 -22.2 30.000-39,999 5 3 66.7 17 23 -26 1 40.000-09.999 3 8 -62.5 1,9 22 -13.6 a0.o00-09.999 3 6 -50.0 21 26 -19.2 so.000-ss.sss 2 6 -667 2z z3 -4.3 so.000-ss,sss 8 2 300-0 2i 20 5 0 60.000-69.999 5 6 -16.7 20 21 -4.8 60,000-69,999 5 2 150 0 2D 19 5.3 70.Oo0a9,999 6 3 100.0 26 25 4.0 70.00o-79.999 3 6 -50.0 24 23 4 3 eo,000-e9,999 3 3 0.0 18 15 20.0 80.000-89.999 5 0 N/A 19 18 5.6 90.000-99,999 3 2 50.0 7 16 -61.1 90.000-99.999 8 2 300.0 31 17 82.4 700.o00-n9,999 9 10 -10.0 44 28 57.1 100.000-it9.999 9 5 80.0 39 32 21.9 i2a,0oo-739.9e9 13 9 44.4 44 31 41.9 i20.000-i39,sss 12 10 20.0 47 42 11.9 740.000-159.999 5 1 400.0 25 2D 25.0 140.000-159.999 8 8 0.0 30 33 -9.1 t6o.000-t�9,9ss 4 3 33.3 17 9 88.9 �60.000-v9,999 4 5 -20.0 28 14 100 0 180,000-199.999 6 5 20.0 19 16 18,$ 180.000-199,999 4 4 0.0 22 15 46.7 200,000-2a9.999 10 6 66.7 29 22 31.8 �00.000-2a9,999 8 4 100.0 34 28 21.4 250.000-299.999 3 1 200.0 14 6 133.3 250.000-2s9,999 8 1 700.0 19 11 72] 300,000-399,999 0 3 •100A 10 11 -9.1 30D,000-399,999 2 0 N!A 10 9 11 1 4�0,o00-4s9.ses 2 p N/A 3 3 0.0 400,000-a99,999 1 0 N(A 5 4 25.0 500.000+ 0 0 0.0 2 0 N1A 500,000+ 3 1 200.0 9 2 350.0 To�ais 90 79 13.9 390 337 15J Totals 102 65 56.9 A36 367 18.8 Active Listings New Listings This Month Year to Date 7his Month Year to Date 2013 2012 %Chg 2013 2012 %Chg 2013 2012 %Chg 2013 2012 °/a Chg 0-29.s99 48 73 -34.2 121 131 -7.6 0-29.999 11 15 -26.7 54 59 -8.5 30.00039.999 52 42 23.8 79 81 -2.5 30.000-39.999 7 7 0.0 37 33 12.1 a0.0o0-09.999 81 84 -3.6 122 131 -6.9 40,000-a9.999 11 8 37.5 53 48 10.4 50,000-59,999 93 108 -13.9 142 164 -13.4 50,000-59,999 13 19 -31.6 56 52 7.7 so.000-ss.sss 128 �18 8.5 178 168 6.0 so.000-ss.9s9 17 13 30.8 71 58 22.4 70,000-7s,s99 88 108 -18.5 150 182 -17.6 7o.00a-79,999 13 18 -27.8 60 60 0.0 80.000-89,999 83 102 -18.6 138 167 -17.4 50,000-89,999 10 1D 0.0 47 53 -11.3 90.000-99.999 84 95 -11.6 146 161 -9.3 90,000-99.999 10 11 -9.1 48 47 2.1 ioo 000-tls,ss9 120 126 -4.8 206 201 2.5 t00,00o-it9,ss9 13 16 -18.7 79 73 8.2 i2o,000-139.9s9 127 138 -8.0 208 232 -10.3 i2o.000-t39,999 18 19 -5.3 90 90 D.0 tao.000-i59.999 104 93 11.8 167 152 9.9 ta0.000-159,999 20 13 53.8 74 51 45.1 160.000-179.999 82 93 -11.8 14D 135 3.7 �60,000-t79.999 14 10 40.0 56 50 12.0 780,000-799.999 64 72 -11.1 98 125 -21.6 180.D00-199,999 15 11 36.4 52 52 0.0 z0o.a0o-249,999 79 83 -4.8 144 141 2.1 200,000-2a9,999 15 74 7.1 73 66 10.6 zsn.000•zss.sss 54 56 -3.6 85 92 -7.6 zso,000-299,999 14 10 40.0 48 37 29.7 300,000-399.99s 38 43 -11.6 63 69 -8.7 300,000-399.499 12 5 140.0 26 25 4.0 400,000-499,999 17 16 31.2 22 28 -21.4 400.000-099,999 1 4 -75.0 7 8 -12.5 500.000+ 22 22 0.0 44 27 63.0 500.000+ 6 2 200.0 20 14 42.9 Totals 1358 1472 -7.7 2253 2387 -5.6 7otals 220 205 7.3 951 8�6 8.6 Information is deemed to be reliable,but is nol guaranteed.O 2022 PALS and F HS.Prepared by William A Moore on Monday.February 07.2022 4�.30 PM. https://glo.flexmis.comlcgi-binlmainmenu-compress.cgi?cmd=srv statslmarket/index.html8�926 2/2