What Is the Value of Land … To the Buyer? To the Seller?

Authors

Merlyn M. Dahl, Area Farm Management Agent
Wallace G. Aanderud, Extension Economist, Farm Management

Document Type

Circular

Format

PDF

Publication Date

10-1969

Publisher

Cooperative Extension Service, South Dakota State University

Circular No.

0677

Pages

12

Description

Many land appraisers maintain that comparison or market values are the most realistic of all values because a farm is worth what it will sell for, regardless of its income earning potential. However, there are also those who feel that the market price approach should be used only as a check against the income capitalization procedure. Worksheets for estimating land value using the income capitalization procedure are included in this publication. The complete budget method may be used to estimate the value of a unit to be added to your present operation. In either case, the resulting value represents the income earning potential of the land and does not take into account intangible measurements of value previously discussed in this publication.

Comments

This item was digitized with the support from Project CERES, a collaboration between USAIN, AgNIC, and the Center for Research Libraries.

Language

English

Recommended Citation

Dahl, Merlyn M. and Wallace G. Aanderud, "What Is the Value of Land … To the Buyer? To the Seller?" (1969). SDSU Extension Circulars. 0677. https://openprairie.sdstate.edu/extension_circ/737.