Appraisal Services: Frequently Asked Questions

 

General Questions About Appraisals with Hertz:

+What is an agricultural appraisal?

An agricultural appraisal is an unbiased, professional opinion of the market value of a property used for agricultural purposes. This can include cropland, pasture, recreation, farmsteads, and more. The appraisal is typically used for decision-making related to estate planning, sales, legal matters, or finances.

+When would I need an agricultural appraisal?

Appraisals are commonly needed for estate planning or settlement, gifting, financial reporting, loan collateral, buying or selling land, litigation, or dividing property among family members or co-owners.

+What types of agricultural properties can Hertz appraise?

We appraise a wide range of rural property types, including row crop farms, pastureland, recreational land, farmsteads, and more complex operations like confined livestock facilities, grain storage sites, or irrigated farmland.

+How is the value of farmland determined?

Value is determined by analyzing recent sales of comparable properties, reviewing income potential, and considering local land market trends. Our appraisers use industry-standard valuation methods including the sales comparison approach, income approach, and cost approach when appropriate.

+How is a farm property appraisal different than a residential appraisal?

Unlike residential appraisals, farm appraisals must account for unique factors like soil productivity, land use, and various types of improvements. Farm properties are also often valued using income-based models that reflect agricultural profitability.

 

Questions About Processes & Timelines:

+What information do I need to provide for an appraisal?

Typical information includes property location, legal descriptions, current use, ownership history, existing leases, recent improvements, and any special considerations (e.g., conservation easements or zoning restrictions). Our team will guide you through what’s needed.

+How long does an appraisal take?

Most appraisals are completed within 2–4 weeks from the time of inspection, though this can vary based on property complexity, location, and availability of data. We’ll provide a realistic timeline at the start of the project.

+Can I be present during the appraisal inspection?

Yes, and we often encourage it—especially if you can provide insights into the property’s history, improvements, or unique features. That said, your presence is not required, and the inspection can be done independently.

 

Questions About Working with Hertz for Appraisal Services:

+What makes Hertz Farm Management appraisals different?

Our appraisers combine boots-on-the-ground agricultural experience with deep market knowledge and professional credentials. We understand both the economic and emotional value of farmland, and we tailor our work to serve your unique goals with integrity and accuracy.

+Do you work with attorneys, CPAs, or estate planners?

Yes. We frequently collaborate with legal and financial professionals on matters related to estate planning, trusts, ownership transitions, litigation, and tax reporting. We’re happy to be part of your advisory team.

+Can I request an appraisal even if I’m not planning to sell?

Absolutely. Many clients request appraisals simply to understand their land’s current market value or to prepare for future decisions involving family planning, financial strategy, or long-term land use.

+Do Hertz appraisers have different training than other appraisers?

Yes. Our appraisers are certified and licensed, and many hold advanced designations through the American Society of Farm Managers and Rural Appraisers (ASFMRA). They also have real-world ag backgrounds and ongoing training specific to agricultural valuation.

+Can a Hertz appraiser help my family divide a larger property among undivided owners? If so, how?

Yes. We often provide appraisals to support equitable division of jointly owned land. This may involve valuing the entire parcel and its individual components to guide fair distribution or sale of shares.

 

Questions About Valuation of Complex Properties:

+What if my farm property includes a home, farm buildings, grain bins, and other improvements – can you value all of that together?

Yes. Our appraisers are experienced in valuing entire agricultural operations, including homes, outbuildings, storage facilities, and site improvements. We’ll provide both total value and breakdowns if needed.

+If I just want an understanding of my farm’s potential value for a possible upcoming sale, do I need an appraisal? How do you handle this situation?

If you're not ready for a full appraisal, we can sometimes provide a market analysis through our real estate team. However, a formal appraisal offers a more detailed and defensible valuation. We’ll help you determine which option best fits your needs.

 

Questions About Cost & Compliance:

+How much does a farmland appraisal cost?

Costs vary depending on the size, complexity, and location of the property. We’ll provide a quote after having a chance to review the project.

+Will the appraisal hold up in court or with the IRS?

Yes. Our appraisals are performed in compliance with the Uniform Standards of Professional Appraisal Practice (USPAP) and are commonly accepted by courts, the IRS, lenders, and legal professionals.

+Have Hertz appraisers ever been involved in expert witness situations with appraisal projects?

Yes. Our experienced team has provided expert testimony in legal proceedings, including estate disputes, eminent domain cases, and other land valuation matters.

 

Still have questions? Let's Talk.

Every farm and landowner situation is unique. If you didn’t find the answer you’re looking for—or if you’re ready to explore how our trusted appraisal professionals can work for you—we’re here to help.

Call Hertz at 800-593-5263 or click the button below to contact us.