Agricultural Real Estate

An ICI agricultural appraisal evaluates the value of a property that is primarily used for agricultural purposes, such as farming, ranching, or forestry. The appraiser takes into account various factors that can affect the value of the property, such as the type and quality of soil, availability of water, topography, location, and accessibility.
The appraisal report typically includes a detailed description of the property, an analysis of the local agricultural market, and the appraiser’s opinion of the property’s value based on its current use and potential for future use. This information can be used by property owners, buyers, sellers, lenders, and investors to make informed decisions about buying, selling, or financing agricultural properties.
It is important to note that an ICI agricultural appraisal may also consider other factors that are unique to agricultural properties, such as crop yields, livestock production, timber values, and other agricultural income streams.