Regression Estimates of Different Land Type Prices and Time Adjustments

dc.creatorWilson, Bill
dc.creatorSchurle, Bryan
dc.creatorTaylor, Mykel
dc.creatorFeatherstone, Allen
dc.creatorIbendahl, Gregg
dc.date2017-04-01T19:20:45Z
dc.date.accessioned2026-07-09T08:45:52Z
dc.descriptionAppraisers use puritan sales to estimate the ratio of prices for different types of land. However, puritan sales may be hard to find in areas where parcels contain upland, bottomland, meadow, pasture, irrigation, recreational land, and CRP. This paper uses regression to identify the value of different land types from sales that have a mixture of types. A second issue is adjusting values for time. Regression can be used to calculate a time adjustment. However, there are major modeling decisions that need to be made to make sure that the model fits the price adjustments occurring in the market.
dc.identifierdoi:10.22004/ag.econ.197107
dc.identifierhttps://ageconsearch.umn.edu/record/197107/files/409-Schurle.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/197107
dc.identifier.urihttp://hdl.handle.net/123456789/602402
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/197107
dc.titleRegression Estimates of Different Land Type Prices and Time Adjustments
dc.typeText

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