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100 Acres,Penrose,CO <br /> manner that is commensurate with the risk and the life expectancy of the improvements will indicate <br /> the present value of the income stream. <br /> The value estimates, as indicated by the three alternative approaches to value are then reconciled into a <br /> final opinion of value. In the final reconciliation,the appraiser must evaluate the applicability of the <br /> three alternative approaches to value, and he must rely on the highest quality and reliability of data <br /> utilized. <br /> Finally,the final opinion of value should be rounded to an appropriate level to emphasize that the <br /> Market Value is only an estimate of value and definitely not a precise figure. <br /> 15 <br /> ©2012 Grantham Appraisal Service <br /> All Rights Reserved <br />