Search
2024-11-27
Assessing the market value of a pioneering fruit orchard when comparison data are missing: the remote segments approach

November 18, 2024 | Journal of Agriculture and Food Research |

A study conducted by the University of Catania and the University of Messina, Italy, addresses challenges in agricultural land appraisal, particularly in assessing the market value of orchards growing pioneering crops, such as avocados, in regions where such cultivation is new. Traditional methods like the income capitalization approach face difficulties due to the lack of reliable data, especially regarding the capitalization rate, leading to inaccurate results. This paper proposes the Remote Segments Approach (RSA) as an alternative. RSA compares the asset’s segment with one or more remote segments to estimate market value more realistically and conservatively when comparable data is lacking. The study applies RSA to the valuation of avocado orchards in Sicily, where tropical and subtropical fruit cultivation is rapidly expanding due to climate change. The research suggests that as innovative crops continue to grow in Mediterranean areas, using advanced valuation methods like RSA will be essential for accurate land value assessments and better decision-making in agricultural real estate.

Read more

Viewed Articles
Assessing the market value of a pioneering fruit orchard when comparison data are missing: the remote segments approach
November 18, 2024 | Journal of Agriculture and Food Research | A study conducted by the University of Catania and the University of Messina, Italy, addresses challenges in agricultural land appraisal,
Nov 27, 2024
Read More
Sustainable strategies for fresh mangosteen: Adapting to climate challenges
October 29, 2024 | Earth Systems and Environment |Researchers from Maejo University and Chiang Mai University in Thailand reviewed strategies to enhance the resilience and economic value of mangosteen
Plant-based functional foods from Borneo
January 07, 2025 | Nutrients |Investigating the plant-based foods of Borneo, the world’s third-largest island shared by Malaysia, Indonesia, and Brunei, researchers from Universiti Malaysia Sabah, Mal
Creating innovative packaging and logo design for the golden banana product to modernize and enhance distribution
August 30, 2024 | Journal of Distribution Science |Researchers from Suan Sunandha Rajabhat University, Thailand, conducted a study to address the market access challenges faced by the Ban Khok Banana
2025.01.23
Bio-based solutions for reducing loss and waste of fresh fruits and vegetables: an industry perspective
August 03, 2023 | Current Opinion in Biotechnology |Conducted by the International Fresh Produce Association, USA, this study provides a comprehensive industry perspective on combatting fresh produce
2023.11.23
Factors driving consumption preferences for fresh mango and mango-based products in Italy and Brazil
October 29, 2024 | Sustainability |Consumer preferences for fresh mango and mango-based products in Italy and Brazil were investigated by researchers from the Mediterranean University of Reggio Calabr
2024.12.31
TOP