Agricultural Real Estate Appraisals

The value of land for agricultural purposes is based on the concept of productivity. Agricultural land can be broadly described as cultivated, hay land, and pasture.

Productivity, of course, is a major driver in the market value of agricultural land. Land can be made more productive utilizing advanced management practices and irrigation. The availability of irrigation acres (commonly referred to as water rights) can have a significant impact on land values. Similarly, the specific location of the parcel can be affected by soil quality, frost-free days, typical rainfall, and temperature conditions.

Whether you need an appraisal for potential sale or purchase, financing, estate planning or asset division, you can count on our diligent research, analysis, and expertise to help you make informed decisions.

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What Can be the Variations in the Price of Farmland?

Variations in the price of farmland can come from factors such as the proximity of the property to a purchaser’s operation, the purchaser’s knowledge of the land base, field size, and the degree of market exposure (many farmland sales are private transactions between neighbors without full exposure to the open market).

Agricultural Real Estate Appraisals of the subject includes analysis of the factors noted below, in context with its specific location and potential productivity. Because the majority of land sales are private in nature, our research includes a thorough land titles search to identify land transactions, determine if any improvements are situated on the land, determine the soil quality and land use, and thereby qualify each sale as a potential comparable.

Farmland Valuations - What is My Farmland Worth?

The value of agricultural lands varies substantially throughout the Province and is affected by many factors. Among these factors, our rea estate appraisers consider:

East Central Appraisals Group - Agricultural Real Estate Appraisals

Whether you need an agricultural real estate appraisal for potential sale or purchase, financing, estate planning or asset division, you can count on our diligent research, analysis, and expertise to help you make informed decisions.

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What Some of Our Clients Say

"In my opinion Mr. Stegemann's work is exemplary, he is professional, timely and his fees are reasonable. I've never had a reason to question his work or his fees. I know when I need an expert I rely on Mr. Stegemann and the group of professionals at Benchmark."

Kathleen E. Wells Wells Family Law

"Randall & his team have been actively completing residential property appraisals for Genworth Canada for over several years. Our experience with Randall has always been positive. Appraisal reports handled through this firm have always been both professional and efficient"

Jason Espetveidt Regional Risk Manager, Prairies

Other Real Estate Appraisal Services

East Central Appraisals Group proudly serves clients throughout Alberta, including numerous counties, towns, villages, and hamlets, including but not limited to: