An Appraisal Versus an Evaluation

An Appraisal Versus an Evaluation

There is no mention of the term evaluation in [USPAP] Standard 1 or Standard 2.  USPAP does not mention evaluation, although Advisory Opinion 13 does.  From this, it’s safe to conclude USPAP does not address evaluations. Since USPAP contemplates neither the...
BEING QUALIFIED TO VALUE TIMBERLAND

BEING QUALIFIED TO VALUE TIMBERLAND

As a professional forester, I have managed timberland for large forest product companies over the past four decades. In that role, I purchased timberland on many occasions from small private timberland owners. Most times sellers hired a real estate agent with little...
Assessing Land Values

Assessing Land Values

Assessing land value can be a tricky thing. Depending on various factors such as location and usage, the values can be can greatly fluctuate, making it difficult to get a full and accurate value assigned. The American Farm Bureau Federation’s Market Intel...
Determining Land Value on an Appraisal

Determining Land Value on an Appraisal

As an appraiser, determining land value can be trying and challenging. Thankfully, industry experts have compiled their findings for all to see. The link below shares some of the most important factors an appraiser can consider when determining the value of the...