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Of course, the jury could have found to the contrary. It is more likely that it valued the residential lot with reference to the estimated $275,000.00 purchase price (and did not value the forest property at all) than to have valued the two lots together at the total estimated purchase price (presumably based only on the combined value of the 3.5 acres of the residential lot and the 250.3 acres of the forest property, which would have reduced the residential lotÂ’s value to $180,000.00 or less). This is quite plausible, however, given its inability to focus on the valuations of the individual lots and its total confusion with respect to the land value of the wooded area.
More importantly, the juryÂ’s finding neither of the lots to be worth $275,000.00 is best explained by its failure to adequately establish the value of the residential lot, which is where most of the valuations focussed, and which, of necessity, also was the focal point of Mr. CooperÂ’s evaluation.
The jury heard testimony from Mr. Batista and Mr. Sosik, based on their dealings with Mr. Caron, about the value of the residential lot (the lot on which was the only lot that Mr. Caron owned at the time of the sale, and from which his $275,000.00 payment on the wooded property was drawn). This testimony was significant because, unlike the testimony of the experts, it was specific to the residential lot and contained none of the generalizations or general consensus of the expert testimony. However well-meaning, the jury ignored the valuation conclusions of the experts for reasons that are not readily discernible from the record, particularly the Andrew and McCabe valuation—which, from the value assigned to the wooded property, was apparently the—$275,000.00 valuation upon which the jury decided the case. Had this valuation been considered, the jury would have determined that the residential lot should be valued at $73,500.00. As it was, the jury simply didn’t know what to do with the wooded property, which was the only comparable property, and understandably lost confidence in a finding that Mr. Caron had overpaid a lot. d2c66b5586