Opinion ID: 1730025
Heading Depth: 1
Heading Rank: 2

Heading: feedlot house (parcel xxxxxxxxx)

Text: The feedlot house is a two-story, single-family home built in approximately 1900, with a 90-percent stucco and 10-percent masonry veneer exterior and an area of 2,188 square feet. The assessor's data listed its quality as Average and its condition as Badly-Worn. The 2004 assessed valuation was $17,765. Gary Darnall, president of DRI, testified that this house is basically in the middle of the feedlot. Trucks used to transport cattle, silage, grain, and manure pass within 40 feet of the house, day and night, causing problems with dust and flies. According to Gary, the house is in disrepair with defects in the doors and windows. Using his personal criteria, he described its quality as very poor and its condition as badly-worn. In his opinion, the 2004 value of the feedlot house was $6,700. Sheila Newell testified at the TERC hearing on behalf of DRI. Newell has held a real estate broker's license since 1989 and has been a certified general real property appraiser since 1996. At the time of her testimony, she served as chair of the Nebraska Real Property Appraiser Board. Newell inspected the feedlot house in November 2003 and again in September 2004, noting no changes between the two inspections. She described the house as being of low quality based upon its age, design, floor structure, windows, poor heating, lack of adequate utility outlets, and functional utility. She described the condition of the house as of January 1, 2004, as [b]adly worn. Newell was not asked to express an opinion as to the 2004 valuation of the feedlot house.