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<p class="MsoNormal"><span style="font-size:12.0pt">I am working with a large HOA (over 200 homes) that provides water to the residences. It needs more water and wants to approach its neighbors and ask/buy for an easement to drill a new well. The HOA asked
me for “comps” for the purchase of an easement to drill the well and everything that goes with it (wellhead and related water transmission pipes, no storage tanks. County requires a 100 foot set back. Most neighbors have 5 to 15 acre lots if not more). The
HOA has been able to grow only by five new homes a year (based on a wait-list; in-fill for vacant lots) as restricted by the availability of water. It will need this water for future growth.
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt">Now, I feel that every situation is different and that the purchase of an easement is a rare enough event so there is no such thing as comps for comparable easements but I thought I’d throw the question out
to the collective hive. What say you? Any “comps” out there?<o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><a name="Paul_Neumiller"><span style="font-size:12.0pt;font-family:"Times New Roman",serif"><img width="250" height="150" id="_x0000_i1025" src="cid:image002.jpg@01D307A6.EA6CC9C0"></span></a><span style="font-size:12.0pt;font-family:"Times New Roman",serif"><o:p></o:p></span></p>
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