Real estate appraisals are an important part of buying, selling, and managing property. Appraisals help determine a property’s market value, which is an essential piece of information for making informed real estate decisions. However, traditional appraisals can be time-consuming and costly. Growthland offers Express Appraisals as a quicker and more convenient option. What is an Express Continue Reading about Express Appraisals©: A Quick and Convenient Option for Real Estate Transactions
APPRAISALS IN 2022 Appraisals of agricultural real estate and business valuations drive much of our other services. We had a banner year in 2022 with a 55 % increase in the value of the property and businesses we appraised. Few other highlights: · Over 700 appraisals completed · Properties appraised in 8 different states · Varying property types from farmland, swine Continue Reading about 2022 Recap
Welcome Mac Chilton
Mac joined the Growthland team in November 2022. Mac was born and raised in rural Southeast Iowa, near Bloomfield. He is a 2019 graduate of Iowa State University’s Ag Studies program. Upon graduation, Mac’s passion for conservation and agriculture led him to work for the Wapello and Henry County (IA) NRCS field offices. He and his wife, Allison, currently live in Libertyville with their three Continue Reading about Welcome Mac Chilton
Drivers of Real Estate Values
As a key part of our business, we collect and analyze trends in real estate values. Our data covers nearly two-thirds of Iowa and includes land that is at a minimum 75% tillable. The Federal Reserve Bank of Chicago reported land values rose 22% in the second quarter of 2022, adding to double digit gains in the previous two quarters. In Iowa land values were up 36% from July 1, Continue Reading about Drivers of Real Estate Values
Agriculture Real Estate and Farm Management Update
LAND VALUES Similar to 2021, land values has continued to be the highlight of 2022. The graph below is from our internal comparable sales database that consists of 445 auctions or listings of farms with 70 % or higher tillable land across 73 counties in the state of Iowa. The rating we calculate is $/Tillable CSR2 Point (CSR2 is a measurement of the productivity of the soil with 0 being the Continue Reading about Agriculture Real Estate and Farm Management Update
Will we relive the stagflation of the 1970s?
The world economy is facing slowing growth and rising inflation, raising concerns of a return to the stagflation of the 1970s, when steep interest rate hikes were made to fight inflation, leading to debt crises in some emerging and developing economies. The global economy is in the midst of a steep growth slowdown accompanied by multi-decade high inflation. Inflation forecasts have been sharply Continue Reading about Will we relive the stagflation of the 1970s?
Kara Boeckenstedt joins the Growthland Team!
Kara started with Growthland in July 2022 focusing on comparable sales. She graduated from Kirkwood Community College with her Associate’s Degree in Agriculture Business. Kara grew up in on her family farm located in Jackson County. Continue Reading about Kara Boeckenstedt joins the Growthland Team!
Congratulations to Jake Thomsen for joining our team!
Jake joined the Growthland team in May of 2022. He grew up on corn, soybean and hog farm in northwest Iowa near Spencer and graduated from Iowa State University in 2006 with a B.S. in Agronomy. His career focus has been in crop production working in retail agronomy, a large-scale farming operation and recently, a retail farm equipment dealership. He has a passion for aggregated Continue Reading about Congratulations to Jake Thomsen for joining our team!
Attention Southeast Iowa
We have parties seeking existing finishers to purchase Finisher must have an existing contract grower arrangement Seller can retain manure rights if desired Site can be sold PRIVATELY if desired Call our office at 319-377-1143 and ask for Dean Schott or Dale Kenne Continue Reading about Attention Southeast Iowa
Richard Isaacson Recognized for 45 Years of Membership!
Richard K. Isaacson, AFM, ARA with Growthland in Marion, IA, was recently recognized by the American Society of Farm Managers and Rural Appraisers (ASFMRA) for 45 years of Membership within the Organization. Isaacson is an agricultural professional who provides services for clients which may include farm and ranch management, rural appraisal, and/or agricultural consulting. Isaacson has been Continue Reading about Richard Isaacson Recognized for 45 Years of Membership!
We are looking to hire a Farm Manager Supervisor!
We have an excellent opportunity for someone who is passionate about agriculture and our farmers! We are currently looking to bring on a Farm Manager to take over our Ottumwa location. The primary responsibility of the Farm Manager Supervisor is to provide local farm management for our Ottumwa office, including a variety of responsibilities and hands-on duties around various farms. They will Continue Reading about We are looking to hire a Farm Manager Supervisor!
Growthland Welcomes Joyce Ware
Joyce has worked for Mid States Farm Management in Ottumwa since December of 2017. Growthland recently acquired Mid States Farm Management in December 2021. Joyce is responsible for the daily operations in our Ottumwa office and her duties include: communication with clients, individual farm accounting, farm reports, file-database-record keeping management and assisting with appraisal reports. Continue Reading about Growthland Welcomes Joyce Ware
Mid States Farm Management Purchased By Growthland
Mid States Farm Management Co, of Ottumwa, has been purchased by Growthland, of Marion. Growthland is a leading provider of agricultural and commercial real estate appraisals, real estate and business sales and acquisitions, farm management and swine farm management. In 2019, Growthland merged with Aspen Grove Investments and purchased Growthland Realty and Appraisal to form Continue Reading about Mid States Farm Management Purchased By Growthland
Escalation of Land Values is the Primary Headline for 2021
Land Values Rapidly Increase - Land values have rapidly increased in 2021. We calculated a 30 % increase in value in 2021 from our internal sales database across all qualities of land. This is consistent with other surveys and reports. This is incredible given that land tends to change value in a “stair-step” approach rather than “linear” like we have seen in 2021. At the start of 2021, there was Continue Reading about Escalation of Land Values is the Primary Headline for 2021
Congratulations to Morgan Smith for joining Growthland!
Morgan started with Growthland in December 2021 and she will be our new Comparable Sales Specialist. Morgan graduated from Kirkwood Community College and received her AAS Degree in Agricultural Business in 2015. Morgan grew up on a small farm in Homestead. Morgan, her husband, Trey, their son, August, and dog, Skeeter now reside in Cedar Rapids. When Morgan’s not working she enjoys hanging out Continue Reading about Congratulations to Morgan Smith for joining Growthland!