Cheney School District’s Fisher Building receives appraisal of just over $1 million
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.
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.
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 after...
Reader Comments(1)
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.
04/21/2013, 10:57 am