April 18, 2013 | Vol. 116 -- No. 52

Placing a price tag on history and memories

Cheney School District’s Fisher Building receives appraisal of just over $1 million

The Cheney School District now has an idea of a bottom line asking price should it decided to sell its 84-year-old administration and services building and former high school.

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The Fisher Building, home to the administration of the Cheney School District, has served the district in many different capacities over its 84 years of life.

At a workshop as part of its regular meeting last Wednesday, the school board received an appraisal from the firm of Auble, Jolicoeur & Gentry placing an estimated value of $1,000,055 on the 57,128 square foot Fisher Building. The Fisher building sits on 1.22 acres of land between Fourth and Fifth streets, College Avenue in D Street, and originally entered public service in 1930 as the district’s high school named a...

Reader Comments

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mamanakis writes:

I do find it interesting that the district said in a meeting with citizens in January, that the 2004 appraisal said that $4.5 mil in renovations were needed at that time to bring the Fisher building up to code. In 2013, that number has jumped to $13 mil, or 280%. Perhaps there is far more inflation in the construction industry than the rest of the economy which has kept inflation at about .5%. All I can say is the discrepancy in numbers cries out for explanation.