ECON 3640: Rural Property Appraisal
Credits: 3. Contact Hours: Lecture 3.
Prereq: ECON 1010
Use of income capitalization, sales comparison and cost appraisal concepts in appraising agricultural resources. Application of underlying economic/business/management principles, especially present value, as they relate to farmland appraisal. Determination and estimation of economic impacts of special consideration and property use factors. Evaluate feasibility and profitability of investment in rural property.