Back to Projects
Clontz Newkirk helped the largest residential developer in Southeastern North Carolina determine the market value of a 2,037-acre planned community consisting of 5,800 homes, a 27-hole golf course and a 37-acre commercial component in order to secure bank financing to initiate the project.
This assignment required separate land sales analysis of single family sites, multi family sites, golf course tracts and commercial development sites. A projected valuation was also completed for the entire project based on 1,066-acres improved with single family homes; 316-acres improved with townhomes; 618-acres improved with a 27 hole golf course and conservation areas; and 37-acres improved with 350,000 square feet of commercial space. This assignment required the valuation of every component required in a large mixed use community, including single family, multi family, golf course and commercial components.