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County Level Taxable Agricultural Land Values In North Dakota: Comparing The Gross Revenue Approach With Values Based On Rental Values

Author

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  • Aakre, Dwight G.
  • Haugen, Ronald H.

Abstract

Land values calculated with the current North Dakota agricultural land valuation model were compared with values calculated by capitalizing the average cash rent for each county. Results showed there was a significant difference in cropland values, but there was no significant difference in non-cropland values. Land values for the 2000, 2001, and 2002 assessments were compared.

Suggested Citation

  • Aakre, Dwight G. & Haugen, Ronald H., 2002. "County Level Taxable Agricultural Land Values In North Dakota: Comparing The Gross Revenue Approach With Values Based On Rental Values," Agribusiness & Applied Economics Report 23531, North Dakota State University, Department of Agribusiness and Applied Economics.
    • Handle: RePEc:ags:nddaae:23531
    DOI: 10.22004/ag.econ.23531
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    Keywords

    Land Economics/Use;

    Statistics

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