INTER OFFICE HE20

TO: K. J. STINSON, DATE; July 3rd, 1972.
PLANNING OFFICER .
FROM: J..S. Buchan, City Assessor CeCe

Subjects

RE: Discussion whereby portion of lane to be sold located directly
behind 2657 Shaughnessy Street, Lot A D.L. 379 Plan 14654,

SALES cos

(2) - 2536 Shaughnessy Street
Lot A Blk. 3 D.L. 379 Plan 38133
Sizes 69' x 132°
Sold: 213/70 $45,000.
Zoned: 'Ca3
Selling price per square foot esceaccceccsccocecees Sieh
(2) 2540 Shaughnessy Street
Lots 30&31 Blke5 D.L. 379 Plan 1213
Size: 69' x 132'
Sold: 3/71 $42,000.
Zoned: CH3
Selling price per square foot coscccccesecccvececce $4.61
(3) 2544 Shaughnessy Street .
Lot 32 Blk.3 D.L. 379 Plan 1213
Sizes 34.5' x 332!
Sold: 2/71 326,000.
Zoned: C~-3
Selling price per square foot sessncsceececcovecsee $5070

An estimated price per square foot re: 421.49+= square feet @ $5.50
EQUALS $2,318. ROUNDED TO $2,300,

The main reason that an estimated square foot rate of $5.50 was utilized
ta the size of the property to be sold, and the dates (late 70's and early
71 sales) should have an adjustment upwards for today's market,