Lecture Notes
Foundations of Rural and Agricultural Property
Valuation
Chapters 1 - 4
PROPERTY AND PROPERTY RIGHTS
Power Point File
ECONOMIC PRINCIPLES RELATIVE TO APPRAISAL
Power Point File
CONCEPTS OF VALUE
MARKET VALUE
Power Point File
FORCES THAT INFLUENCE REAL PROPERTY VALUES
Power Point File
REAL ESTATE MARKETS
Power Point File
THE VALUATION PROCESS
Power Point File
RURAL PROPERTY RIGHTS AND INTEREST
Power Point File
Data
Collection and Analysis
Chapters 5 - 12
DATA COLLECTION AND ANALYSIS
Power Point File
REGIONAL AND NEIGHBORHOOD DATA AND
ANALYSIS
LEGAL DESCRIPTION
Power Point File
LAND DESCRIPTION -
SOILS
SITE IMPROVEMENTS AND BUILDING
DESCRIPTION
LEGAL DOCUMENTATION
HIGHEST AND BEST USE
Power Point File
Valuing Rural Property
Chapters 13 - 15
COST APPROACH TO VALUE
Power Point File
ACCRUED DEPRECIATION
LAND VALUATION
INCOME APPROACH
Power Point File
SALES COMPARISON APPROACH
Power Point File
Appraisal Assignment
Farm
Appraisal Assignment
Preparation of Narrative Appraisal Reports
Example Appraisals
Eagle Lake Farm Appraisal - Part 1
Eagle Lake Farm Appraisal - Part
2
Real Estate Services Appraisal
Real Property Appraiser Qualification Criteria
Page Administrator: Dr. Phillip
Johnson
Updated: 11/24/08
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AAEC 4303
