Agricultural Appraisal

Certified Expertise. Local Experience. Personalized Service.

Accurate Property Valuations

Peoples Company employs a network of real estate appraisal professionals and consultants who are licensed in all the major agricultural markets to provide the most accurate property valuations available. Our dedicated team of appraisers uses the most up-to-date technology available as well as a comprehensive and proprietary real estate sales database to arm themselves with the latest market trends and intel.

Ag Valuation Experts

Peoples Company's dedicated team of appraisal professionals and consultants have the skills, experience, and resources to provide the most accurate property valuation.

Agricultural Appraisal Services

Peoples Company’s highly-qualified, certified appraisers have expertise in sales and transfers of real estate, mortgage financing, investment analysis, internal asset valuation, divorce settlement, estate planning, acquisition and condemnation, litigation, and property tax appeals.

The team specializes in conducting valuations on agricultural and recreational land, agribusiness properties, and commercial-agricultural properties. Between the states in which the team holds Certified General Appraiser licenses and the temporary licensing privileges of others, Peoples Company can extend its experience and high-quality service nearly anywhere in the country.

The appraisal team tracks active listings and auctions, pending sales, and sold properties throughout the major agricultural markets across the country. From this database, the team generates reports for inventory of farms for sale, inventory of investment-grade farms, upcoming land auctions, auction results, and a breakdown of land value trends.

Ag Market Analysis

Iowa Q3 2024

This comprehensive report provides a detailed assessment of the agricultural land market trends in Iowa, including information sourced from the Federal Reserve, USDA, and Iowa State University. The report tracks trends in land values, cash rents, and regional submarkets, offering valuable insights for estate work, investment decisions, and lending purposes across a variety of agricultural assets.

Missouri Fall 2024

This report provides an in-depth look at Missouri's agricultural land market, covering demographics, geography, and recent land value trends. Compiled by the Peoples Company's appraisal team, the report utilizes data from the Federal Reserve, USDA, and the University of Missouri to highlight influences on land value, cash rents, and the impact of factors like urban sprawl and interest rates on the farmland market.

Michigan Fall 2024

This report provides a comprehensive overview of Michigan's agricultural sector, focusing on recent trends in land value, cash rent rates, and crop production across diverse agricultural regions. This report, backed by data from USDA and Michigan State University, highlights the resilience of Michigan's farmland market amidst inflation, rising interest rates, and fluctuating commodity prices.

Types Of Appraisals

Trust the Peoples Company team for a wide range of land valuation needs, including:

• Single Asset Appraisals
• Portfolio Appraisals, Including Annual Updates
• Appraisal Review
• Appraisal Process Management
• Statewide Market Analyses
• Expert Witness Testimony
• Partial Interest Valuation
• Consulting Services
• Restricted Appraisal Report
• Area-Wide Market Analysis
• Economic Consulting
• NCREIF Valuations

Property Types Appraised

Peoples Company’s appraisal team has extensive experience and continues to expand its scope of property types appraised across the country.

• Agricultural Land
• Recreational Land
• Transitional/Development Land
• Grain Storage Facilities
• Cattle Facilities, Feed Yards, and Recreational Ranches
• Easements
• Conservation and Preservation Easements (CRP/WRP)
• Federal and State Land Acquisitions and Dispositions
• Eminent Domain Condemnation Properties
• Other Agribusiness and Commercial-Agricultural Properties
• Dairies and Cattle Facilities
• Swine Facilities
• Poultry Facilities
• Equestrian Facilities
• Seed Treatment Facilities
• Nut and Fruit Orchards
• Greenhouses and Nurseries
• Irrigated and Dryland Farms
• Citrus and Avocado Groves
• Vineyards and Wineries
• Storage, Cooling, and Packing Facilities
• Processing and Treatment Facilities

Peoples Company appraisers are involved in the American Society of Farm Managers and Rural Appraisers (ASFMRA) and adhere to the highest standards of the appraisal industry. ASFMRA is an organization tailored specifically to the appraisal and farm management professions throughout the country. Peoples Company appraisers are members of the ASFMRA and many have achieved the Accredited Rural Appraiser (ARA) designation. These individuals have met rigorous requirements and are highly productive with a proven track record. They strive to arm themselves with the latest market knowledge in their areas and they execute their business with the utmost professionalism.

Peoples Company appraisers are involved in the Appraisal Institute, the largest professional association of real estate appraisers in the U.S. Peoples Company MAI designated appraisers provide a range of services related to real property, including providing opinions of value, evaluations, reviews, consulting, and advice on investment decisions. MAI designated appraisers meet rigorous education requirements, pass a final comprehensive examination, and receive credit for specialized experience that meets strict criteria. MAI designated members are recognized by courts of law, government agencies, financial institutions, and investors as a mark of excellence in the field of real estate valuation and analysis.

Connect With A Land Valuation Expert

Meet The Team

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Agricultural Appraisal Blog Articles

Land Auction Results | October 2024

November 4, 2024 Land Auctions Land Values Industry Insights

The appraisal team at Peoples Company was able to track 139 tracts or 12,335 acres sold at public auction in Iowa during October 2024. The average dollar per acre was $11,072, the average dollar per tillable acre was $12,408, and the average dollar per CSR2 was $161.

Farmland Affordability: The Correlation Between Size and Value

October 25, 2024 Land Values Agriculture

Anyone in the farmland sector has heard the adage that as the size of a farm increases the price per acre typically decreases. Whether you’re an appraiser or other real estate professional, this message seems to be heard throughout the business. While this can be true in many cases, I’ve run across some instances where the theory could be questioned.

Land Auction Results | September 2024

October 2, 2024 Land Auctions Land Values Industry Insights

The appraisal team at Peoples Company was able to track 93 tracts or 7,374 acres sold at public auction in Iowa during September 2024. The average dollar per acre was $13,428, the average dollar per tillable acre was $13,481, and the average dollar per CSR2 was $170.

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LAND AUCTION RESULTS

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