A Market Value - appraisal provides the value of a farm property on a given date.

Three approaches to value to assure the client of a highly objective value:

 
  • Earnings or Income Capitalization Approach
  • Sales Comparison or Market Data Approach
  • Cost Approach
   
Market Value Appraisals - may be used for the following reasons:
 
  • Buy, sell, trade, or transfer ownership.
  • Establish the basis for depreciating various buildings and improvements.
  • Settle a claim resulting from fire, wind, or other peril.
  • Financing.
  • Liquidation.