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Hot barn site value for balance sheet
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Kooiker
Posted 3/17/2024 11:57 (#10668508 - in reply to #10668161)
Subject: RE: Hot barn site value for balance sheet



ford_shooter - 3/17/2024 07:28 My barn site was just appraised by Farm Credit. I have a 1000hd built in 1997 and a 1200hd built in 2000. The appraiser came back with a $406K valuation. Would I get that if I were to ever sell the site, more than likely not....




If the barns and equipment are in good shape you might be surprised.    That's ~$185/space.

The insane cost of new buildings is propping up the value of older buildings that are in good shape.    From what I've heard, new buildings are pushing $500/space, without including the value of the site.

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