Linda Brown RES CAE Real Estate/Land Records Manager Buncombe County Income Approach: Before Appeals
Dec 31, 2015
Consistency Relationships Information Confidence Limit informal appeals Saves time Value income producing property when
limited sales data is available
228,000 Square foot Resort Hotel built in 1912
Donald Ross Golf Course 150 acres Last sold 1955 $40 million dollar Spa added in 2001
cost exceeded value added to property
175,000 square foot residence with 250 rooms, indoor pool, elevators, bowling alley, stables
Original construction completed 1895 Main building estimated reproduction cost
$200 million Winery, multiple restaurants and retail shops Hotel 2,400 acres Property has never sold