Services
Appraisal Services
Frontier Farm Credit offers professional appraisal services for agricultural and rural properties. Our appraisers have certified-general designations with the state of Kansas, as well as the information necessary to provide the best appraisal available. With our specialized knowledge of rural property, Frontier Farm Credit can provide appraisals for:
- Farms and ranches
- Rural homes
- Dairy operations
- Feedlots
- Swine facilities
- Nurseries and greenhouses
- Other ag-related operations
Benefits of Frontier Farm Credit Appraisals
- Appraisals are completed by experienced staff.
- Our appraisers live and work in the area where your land is located.
- Appraisal services are conducted by an agriculture-based association with more than 90 years of service to the ag industry and more than 100 employees.
When is an Appraisal Needed?
- Buying or selling property
- Estate or trust planning
- Gifting of real estate to family or nonprofit organizations
- Selling development rights
- Incorporating or forming a partnership or LLC
- Liquidating or selling assets
- Documenting full or partial value of property for division purposes
Methods for Determining Value
An appraisal is an estimated value set upon property. Frontier Farm Credit appraisers estimate value by analysis of one or more of the three approaches, including:
- Cost approach, which is based on cost of improvements, minus depreciation, plus the value of the land.
- Comparison approach, which compares a property with similar properties that have recently sold in the same market, making appropriate adjustments for degrees of difference.
- Income approach, which measures the present value of the future benefit of property ownership.
877.744.7144 | Copyright © 2012 — Frontier Farm Credit
