 |
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.
|
|
 |
|
