Valuing Your Land Through Appraisals
Conducting appraisals assists in determining the value of the land given to a conservation easement, and is essential for calculating the amount of the charitable gift. The Internal Revenue Service requires that the value of the conservation easement be determined by a “Qualified Appraiser” who has at least the designation of “general appraiser”.
As accredited Land Trust, our standards and practices require that our Land Trust keep “arm’s length” from the appraisal, which means, among other things, that we do not recommend specific appraisers.
You can get information on prospective appraisers using the following resources.
Donors looking for an appraiser to handle their appraisal can visit this link:
Appraisal Institute. The Appraisal Institute allows you to search by city.
Appraisers can find opportunities for training in conservation easement valuation at:
Appraisal Institute Seminars
American Society of Farm Managers and Rural Appraisers