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How Much Is That Farm Really Worth—A Comparison Of Three Land Purchase Decision Tools, William M. Edwards
How Much Is That Farm Really Worth—A Comparison Of Three Land Purchase Decision Tools, William M. Edwards
Journal of Applied Farm Economics
Volatile markets for farmland have created interest in tools that can help analyze land investments (Zimmermann, 2014). Extension specialists in several states have created some valuable decision aids that have been utilized by prospective investors, rural appraisers and real estate brokers. Agricultural educators can also use them for teaching the principles of real estate valuation.
Among the land purchase decision aids that are currently available are KSU-Landbuy from the AgManager.info website at Kansas State University (Dhuyvetter & Kastens, 2013), Farmland Purchase Analysis from the Ag Decision Maker website at Iowa State University (Edwards, 2015), and Land Purchase Analysis from the …