In response to your request, I have made a personal inspection of the above referenced property for appraisal purposes. This assignment is to estimate the market value in the total property as of May 22, 2024. Note: At your request this study is a Narrative Appraisal Report in compliance with the Final Rule for Real Estate Appraisal as revised by the Department of the Treasurer. This report is for the City of Oakwood use only.

I have thoroughly analyzed the information available that we considered pertinent to the appraisal of this real estate. It is my opinion that the market value of the subject in the Fee Simple Position as of May 22, 2024 is:

Attached is the appraisal report which supports the value estimate. All data gathered during the course of this assignment is being maintained in a permanent file. If there are any questions concerning these value estimates, please do no hesitate to contact me.