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Farm Building and Infrastructure
Buildings & Infrastructure
Valuing farm steading.
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<blockquote data-quote="Dry Rot" data-source="post: 7846607" data-attributes="member: 4505"><p>Location, location, location.</p><p></p><p>Usually x times the rental value. Failing that, salvage value less costs of demolition.</p><p></p><p>If there's a tenancy involved, look at the lease. Some will have a clause allowing the landlord to claw back for a non-agricultural use, with or without compensation. But the law changes and that could be out of date. Consult a land agent and get the right answer.</p></blockquote><p></p>
[QUOTE="Dry Rot, post: 7846607, member: 4505"] Location, location, location. Usually x times the rental value. Failing that, salvage value less costs of demolition. If there's a tenancy involved, look at the lease. Some will have a clause allowing the landlord to claw back for a non-agricultural use, with or without compensation. But the law changes and that could be out of date. Consult a land agent and get the right answer. [/QUOTE]
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Valuing farm steading.
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