Farm Credit Services
Farm Credit Services
Farm Credit Services
Farm Credit Services
 
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Appraisals

Appraisals

When you need a valuation of farm real estate, it makes sense to turn to the agricultural appraisal specialists at Farm Credit Services for professional, reliable, high quality appraisals at a reasonable cost.

The Value Authority

Farm Credit Services is the leading farm real estate value authority in the market, backed by more than 85 years of experience. As Illinois' and the nation's single largest source of farm real estate financing, no one has completed more farm real estate appraisals than Farm Credit Services.

Comprehensive Sales Database

Farm Credit Services maintains the area's largest, most current and most comprehensive farm real estate sales database so our appraisers have unique access to information on the latest trends in farm real estate values, helping to provide you with the most up-to-date market values for agricultural, agribusiness and rural residential properties.

When You May Need An Appraisal

Turn to us for farm real estate appraisals to assist you in making sound financial decisions for:

  • Financial planning, including estates and trusts
  • Basis for taxation
  • Buying or selling farm real estate
  • Financing farm real estate
  • Just compensation in condemnation proceedings
  • Feasibility studies

Chattel Appraisals

Our appraisers also can provide appraisals on farm equipment.

Quality Appraisals

  • Appraisals comply with Uniform Standards of Professional Appraisal Practice (USPSP), the most widely recognized set of standards in the real estate industry.
  • A standard report format, the Uniform Agricultural Appraisal Report (UAAR), helps assure uniformity and proper documentation in "full-form" reports.
  • Appraisals are completed under the supervision of an American Society of Farm Managers and Rural Appraisers (ASFMRA) designated Accredited Rural Appraiser (ARA).
  • Appraiser project teams can be assembled for large/complex appraisals.
  • To assure delivery of a complete and professional appraisal, Farm Credit Services appraisers consider a Cost Approach, an Income Approach and a Sales Comparison Approach. In combination, the three valuation techniques assure that our appraiser is able to provide a fully documented, professional appraisal that meets the highest standards of the industry. All three approaches are used when applicable.

Professional Standards

Farm Credit Services appraisers adhere to the highest industry and professional standards.

  • All are State Certified General Real Property Appraisers. They are full-time specialists who exclusively appraise farm and rural real estate.
  • To assure quality and consistency, Farm Credit Services has established a set of strict standards and procedures for appraisals which are periodically inspected to assure compliance.
  • Appraisers comply with the Standards of Ethics of the American Society of Farm Managers and Rural Appraisers.
  • Ongoing training keeps Farm Credit Services appraisers current with the most up-to-date procedures and practices.

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