Camrose County Appraisals - Farmland
May 30, 2019
Ongoing agricultural valuation research in Camrose County indicates that the value of quality cropland has appreciated in value approximately 5% over the last year. Local farmers in this area tend to be the main drivers of demand for properties. The features of the farmland is typically the primary value factors including the quality of the soil, the amount of cultivated acres, topographical features, obstruction or severance considerations and other factors. Individual buying motives such as proximity to an existing landbase also impact sale prices. Overall, land values in Camrose County are typically driven by local economic factors with limited outside influences. However, our comprehensive appraisals investigate all possible marketplace elements that may impact value. Accordingly, our appraisals are more than just form appraisals which do not allow for a more detailed analysis.
Contact Serecon here to inquire more about the marketplace in this area or throughout the prairies.