Rural Appraisals

Rural properties have several features that require close examination, one of which is the land—how large is the tract; pasture vs. timber; what about excess land, wetlands, easements; what’s the price adjustment per acre? Another consideration is the distance between the subject and the comps—how far are reliable comparables? When does going across county lines for comps become necessary? Rural properties require a wider perspective (and more experience) to determine the most accurate property value.