Determinants of Farmland Values In the Rapidly Developing Boise, Idaho Metro Area: Applying Mathematical Modeling to Highest and Best Use Analysis

In areas where urban development is threatening quality farmland, zoning policies that encourage development on low productivity land have a significant influence on market forces, resulting in upward pressure on the prices of low productivity farmland. This helps identify potential permanent changes of use to a different highest and best use. Identifying the highest and best use of land is fundamental in estimating a vacant land value and identifying comparable sales of vacant land.


Issue Date:
2007
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/189895
Published in:
Journal of the ASFMRA (American Society of Farm Managers and Rural Appraisers), 2007
Page range:
110-117
Total Pages:
8




 Record created 2017-04-01, last modified 2017-08-29

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