Understanding the basics of appraisals

Does milk price play a role in appraisal values? What other outside factors impact values of properties? Join Dairy Stream host Joanna Guza and guest Jade Kruschke, certified appraiser with Compeer Financial, as they discuss the basics of understanding appraisals and outside factors that impact property values.

Topics include:

• Role of an appraiser
• Three approaches to value
• Mistakes or misconceptions
• Frequency of appraisals
• Appraiser experiences and knowledge of agriculture
• What affects value of properties
• How milk price impacts appraised values
• Including the next generation

Special thanks to Compeer Financial for sponsoring this episode.

About the guest: Jade Kruschke, Certified Appraiser, Compeer Financial

• Jade graduated from Missouri Southern State University with a degree in Accounting and Management. She joined the Farm Credit System in 2016 and obtained her Wisconsin Certified General Appraiser license in 2019. She uses her knowledge and agricultural experience to assist clients with their valuation and real estate needs. Jade works primarily in Northwestern Wisconsin and specializes in dairy, grain, irrigated tracts, general and improved farms, recreational, residential and transitional properties. Jade lives in New Richmond, WI with her husband and son on the family farm. 

Resource: www.compeer.com/appraisal 

This podcast is co-produced by the Dairy Business Association and Edge Dairy Farmer Cooperative, sister organizations that fight for effective dairy policy in Wisconsin and Washington, D.C.  Become a sponsor, share an idea or feedback by emailing podcast@dairyforward.com.