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Disposition / Retirement
Beth and Elliot own a 275 acre property in the Adirondacks which they have called home for the last 35 years. They have decided to sell it, and are hoping to use the proceeds from the sale to purchase a smaller property in California. As it turns out, Beth and Elliot are planning for their retirement. Their financial portfolio is well diversified, but there is no doubt that their long term comfort and financial safety is closely tied to the value of the Adirondack property.
Their property happens to feature some of the most dramatic views in all of upstate New York, offers total privacy, and has been meticulously improved with an architect-designed and custom-built 10,000 square foot Adirondack-style "camp", a separate 2,000 square foot guest house, and a remodeled late 1800's cabin that serves as the caretaker's residence. The property also offers a 5 acre stone-lined and spring-fed pond, three brooks, a waterfall, 30 miles of recreation trails, an 8 stall horse barn, several turnouts, and professionally managed woodland and maintained fields. There is no other property like this in the area. Placing a value on it will be challenging. Yet, substantiating its value through credible and professional planning and valuation analysis is critical to a successful marketing effort.
Earth Asset's experience valuing unique properties, together with its land planning and conservation option analysis, can bring a tremendous amount of insight and value support to the disposition of the property. For Beth and Elliot, securing the highest return on their Adirondack property is critical in their retirement planning process. Earth Asset understands this, and can help ensure that all the necessary steps are taken to effectuate the most successful disposition plan for the property. |
