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| il GAR Appraisal LLC Since 1961 Ms. Traci Hopkins January 12,2026 _Page Three Based upon: the inspection of the ‘property and investigations and analysis undertaken, the following value conclusions are made: : VALUE CONCLUSION Market Value As Is/"Before Taking" Fee Simple : January 6, 2026 $700,000 Market Value "After Taking" Fee Simple January 6, 2026 $585,000 Compensable Damages: Fee Simple January 6, 2026 $115,000* * Compensable damages include the matket value of the rear building and aflocated 5,000 sf of land (.114 acre). This is the property the Village would sell off (see page 3 for proposed taking area in red). Respectfully submitted, _ GAR APPRAISAL LLC ee Ronald J. Rubino, MAT - President - 5500 MAIN STREET, SUITE 347 WILLIAMSVILLE, NY 14221“ TEL.716-691-7100 FAN 716-691-7770 www.garappraisal.cam .