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method for estimating the value of the apartment building. Glen
and Kurek each used 7600 Windsor Oaks and 7592 Windsor Oaks as
comparable properties. Glen also used 7518 Windsor Oaks as a
comparable property. The sales dates and sales prices of the
three comparable properties, and the sales date of the apartment
building at issue, were as follows:
Property Sales date and price
Comparable sales
7600 Windsor Oaks May 1993–-$140,670
7592 Windsor Oaks May 1993–-$139,660
7518 Windsor Oaks Feb. 1993-–$63,000
Apartment building at issue
7519 Windsor Oaks Aug. 10, 1993–-$105,465
The opinions of petitioners’ and respondent’s experts and
the positions of the parties as to the value of the apartment
building at issue on August 10, 1993, are as follows:
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Last modified: May 25, 2011