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10.1 SR 12-18-2023
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10.1 SR 12-18-2023
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22382 -City of Elk River <br />Land Analysis <br />November 20, 2023 <br />Page 14 <br />SUMMARY OF FINDINGS <br />High-Density Residential Land <br />Range: $41,982 to $258,900 per Acre <br />Median: $84,075 per Acre <br />Mean: $129,278 per Acre <br />(Average 8.09 Acres with a <br />Density of 16.8 Units per Acre) <br />2021-2023 Sales Mean: $73,369 per Acre <br />Excluding Outliers 5 and 10 <br />Range: $45,045 to $251,572 per Acre <br />Median: $84,075 per Acre <br />Mean: $125,430 per Acre <br />(Average 6.0 Acres with a <br />Density of 15.5 Units per Acre) <br />PATCHER ME SSNER <br />Valuation Counselors <br />
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