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The purpose of the report is to estimate the current replacement cost new of the building(s) and site improvements, subject to the assumptions and limiting conditions stated herein. The authorized use of this report is for insurance coverage functions. In no way is this an estimate of market value for financing, sale or any other purpose.
The Replacement Cost Estimate Report was prepared by Macy Burke, BBA, P.App., AACI DEDORA SCHOENNE APPRAISERS
Replacement_Cost_Report_KAS3765,_Osprey_Green,_2026.pdfReplacement Cost Estimate Report - As of 02 Feb 26
Replacement Cost Estimate Report - As of 02 Feb 26
The appraisal estimates replacement cost of Osprey Green Townhomes at $23.3 million, based on onsite inspection, plans, and data sources, including demolition allowance and contingency.The property comprises seven multi-storey buildings with 39 units, built around 2010 with high-quality construction.The report emphasizes insurance use, excludes land and offsite costs, and confirms compliance with standards.
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