Potential buyers and current owners of farmland are often asking themselves this question: Should I sell or buy now? While I don’t have a crystal ball to predict what’s going to happen, I can look back to the early 2000s for some indication, and also look at the current sales that are taking place. Read this month’s blog post to learn more.
Read More“Can you believe what that farm sold for? What’s happening?” There are likely several factors playing into the current CRAZY price of land.
Read MoreIrrigation pivots are used for adding water to growing crops during times of low rainfall. But do they contribute value to a farm? This month’s blog post answers the question.
Read MoreDoes the number of acres affect the value of my farm? This is a simple question with a complicated answer: it depends. This month’s blog post explains why.
Read MoreProperties enrolled in WRP (Wetland Reserve Program) or which have a Conservation Easement have several special traits to consider. This month’s blog post explores those considerations.
Read MoreFarmland appraisals can be difficult to understand, but the information in this article will give you a good idea of what you need to know. This way you will feel more confident when ordering and reading a farmland appraisal.
Read MoreAppraisals are often necessary for various legal and financial situations. A few situations will require you to have an appraisal done on your farm. Here are five scenarios for when you will need a farm appraisal and what impact the valuation could have.
Read More
Before selling your farm, there are several things to be done. We asked experts to give us tips on what a seller should do before selling their farm, and these are the best 7 tips.
Read MoreOver the past few years, farm prices for tillable farmland have increased substantially. However, in 2014, the farm frenzy seemed to fizzle out. Throughout the year, many speculated that farm prices had leveled off or even declined.
Read MoreAppraising duck hunting farm properties is a fairly difficult undertaking due to the many different variations of farm property characteristics. However, every good duck hunting farm property needs the same basic features, and these features are the greatest factors in valuing the property.
Read MoreI am often asked "what are land prices doing? or what’s my farm worth?" and I respond with "it depends on the type of farm property you are talking about." I am often asked "what are land prices doing? or what’s my farm worth?" and I respond with "it depends on the type of farm property you are talking about."
Read MoreThere are several different kinds of hog confinements. In this newsletter, I am going to concentrate on the buildings that are most commonly built in this area, wean-to-finish barns.
Read MoreOne of the common misconceptions about farm real estate appraisers is that our valuations are strictly concerned with real estate: acreage, location, buildings, soil types, and so forth. This conception is true in most cases.
Read MoreFor many purposes, farm appraisals providing an opinion of value for an entire farm property and rights of ownership are sufficient. Many farm appraisers are primarily experienced in appraising complete ownership interests in a farm property because it is most commonly requested.
Read MoreHaving recently appraised two different types of grain facilities, I was reminded of how appraisers may need to follow different methods even when appraising the same kind of property.
Read MoreAt the end of December 2018, I completed two farm appraisals on properties in Brown County, Illinois, that I had appraised previously in 2016. One of the farm properties was over 80% tillable while the other property was more of a recreational tract, less than 40% open.
Read MoreI recently completed an appraisal on a marginal farm property, about 77% open tillable/pasture ground, in rural Adams County, Illinois. Another appraiser in our office had completed an appraisal on the same farm in 2015.
Read More
