- Nov 12, 2006
- Professional Status
- Certified Residential Appraiser
I usually avoid lake front assignments but quoted a high fee that was accepted. The subject has 60 ft. of lake frontage and my most proximate comp has 90 ft. of frontage. Lot depths are similar. There is insufficient land sale data but there is one active vacant lake front land listing priced at $450,000 with 85 ft. of frontage. Can someone refresh me on how to determine the adjustment amount for the differences in frontage? Don't beat me up too much. Thanks.