I am to do an appraisal on a 2.49 acre tract which is comprised of 8 city lots. I have a survey showing the total acreage. The survey does show the plotted lots within the 2.49 acres. The tract is inside the city limits. The city where the property is located is +/- 300 people. Lots of bed and breakfast and remodeled old homes. This is a rural town. The property was priced as if it were 8 city lots. There have been several lot sales recently. The tract has city utilities on one lot where there is an old farm house. Little value in the house. The other lots would have to have the utilities brought to them. +/- 1500 per lot. Please provide some input on how to appraise this tract of land.