Within the appraisal industry, the agriculture asset class differs widely from conventional commercial assets. While appraisal theory still holds, variations in appraisal methodologies, insightful analysis of land productivity, and understanding of macro- and local-area agricultural market drivers are essential in providing accurate valuations.
Our team has a deep understanding of valuing assets for lending purposes, assets subject to IRS audit, as well as tax implications such as establishing step-up basis and potential capital gains taxes. With our proprietary software, templates, and comparables database integrated with our agricultural appraisal techniques, we deliver consistent, objective and reliable opinions of value and underwriting support that empowers our clients to make decisions with confidence.
Newmark V&A’s Agriculture practice actively participates in the Appraisal Institute, the American Society of Agricultural Consultants (ASAC), and the National Council of Real Estate Investment Fiduciaries (NCREIF). Along with active participation, the team has also contributed to developing and teaching appraisal classes for the American Society of Farm Managers and Rural Appraisers (ASFMRA).
We provide valuation and advisory services for a variety of agricultural property types, including:
Grain Storage Facilities
Vineyards & Wineries