Valuation of Agricultural land
The process of valuing agricultural land includes the analysis of its characteristics such as category, location, use limitations and market condition.
The valuation of perennials, in turn, takes into account the annual fertility accounts, product quality, remaining life of the plantations and the improvements made - drip irrigation, drainage, foundation, hail nets, etc., in addition to the market situation for the respective products.
SCOPE OF VALUATION OF AGRICULTURAL LAND AND PERRENIALS
The valuation of agricultural land covers the following types of assets:
- pastures and meadows
- agricultural land in urban areas
The valuation of perrenial crops most often includes:
- gardens planted with perennials
DEADLINES FOR EXECUTION OF VALUATION OF AGRICULTURAL LAND AND PERRENIALS
Standard timeframes for conducting a valuation typically cover 3 to 9 work days depending on the specifics of the asset valued.