14-5 Property Values
Other than the matched pair analyses set forth in the May 17, 2016 Report, was there any other analysis performed in Rhode Island? If not, please explain why not.
RESPONSE 14-5
Because we were able to find matched pairs for the Spectra Energy Compressor Station, and for the Ocean State plant, we did not research additional examples within Rhode Island. The matched pairs for these two facilities were sufficient to conclude that there has not been a negative impact on property values from the development of these two facilities. However, because we had data from similar facilities in eastern Pennsylvania, we included that data as well.
RESPONDENT:
Mike Marous, MAI, CRE, MaRous & Company
DATE:
August 18, 2016