Land Valuation

Several factors go into determining land values.  The type of land whether it is pasture, crop land, development land, recreational land all play a role in the land market.  Location is another big facter in determining the fair market value of land.  I utilize current sales information of similar type of land or combination of types to determine the fair market value of land and compare based on care of the land, soil types, recreational value and many other factors.  Each geographical area is unique and determining the fair market value for a geographical are takes study of the area market.  If you are thinking of buying or selling land, a fair market valuation will help set realistic expectations on both ends of the transaction.