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Information × Registration Number 2121U007139, Article popup.category Препринт Title Investment modeling of agricultural land valuation in Ukraine (AI translated) popup.author Novosad NataliiaNovosad Nataliia popup.publication 01-01-2021 popup.source_user Український католицький університет popup.source https://hdl.handle.net/20.500.14570/2701 popup.publisher Description Evaluating the fair market value of land is a complicated and expensive process carried out by experts. The final valuation is the main factor for investment decisionmaking. The asset valuation has to include many components, particularly the estimation of the future net income, risks, and opportunities. The objective of this study is to find the fair value of the agricultural land and compare the different approaches. We consider planting four crops: wheat, maize, soybeans, and sunflower. In this project, we estimated future crop prices, yields, and expenses to predict income. We started with the simple income method and showed how the value changes when complicating the method and considering new real options like crop rotation, optimizing crop portfolio, and installing an irrigation system. Moreover, we analyze the sensitivity of the estimated value to the economic situation (discount rate and price growth rate). The data we are considering is the land in Ukraine, specifically in the Kherson region. Due to the land moratorium, the free market does not exist, and the farmland in Ukraine is usually underestimated. Thus, this causes the impossibility of direct comparison of the proposed valuation and the absence of needed open data. Therefore, we rely on expert opinion in different aspects of the project. popup.nrat_date 2025-11-05 Close