“That’s when an appraiser hired by the Wanderers Club valued the land at nearly $1.3 million — with the intent that at least 35 acres of it be sold to the village for use as a passive park or open riding area for nearby equestrian residents. Discussions of the potential purchase came up in early May during the Wellington Council’s special “visioning” workshop, when Vice-Mayor John Greene encouraged the village to consider the purchase this summer.”
“The appraised values vary widely: as low as $700,000 and as high as $5.3 million. That’s mostly because of differing techniques and comparable sales the appraisers used to determine the value.”
