When you need to establish the value of farm real estate, no one is better qualified to conduct professional and accurate appraisals than the full-time certified appraisers at AgCountry Farm Credit Services.
They can help you establish property values for:
Purchasing or selling real estate
In most cases, if you are eligible to borrow from AgCountry, you are eligible to receive appraisal services on agricultural and agribusiness properties. Our appraisals comply with Uniform Standards of Professional Appraisal Practice – the most widely recognized set of standards in the real estate industry. The Uniform Agriculture Appraisal Report (UAAR) helps assure uniformity and proper documentation.
To assure delivery of a complete and professional appraisal, our appraisers consider three valuation techniques:
1) Cost Approach – Estimates what would be required if someone tried to duplicate a farm from scratch.
2) Sales Comparison Approach – Involves an analysis of recent sales of comparable real estate in the area.
3) Income Approach – Involves a study of rental income and expenses for the area, considering factors such as soil type and highest and best use.
All our appraisers are State Certified General Real Property Appraisers who exclusively appraise farm and rural real estate. They are members of either the American Society of Farm Managers and Rural Appraisers (ASFMRA) or the Appraisal Institute, two of the nation’s largest appraisal organizations.
They maintain the area’s largest, most current and comprehensive farm real estate sales database. Our appraisers have access to information on the latest trends in ag real estate values, including specialty properties in an 11-state area.