Blog
2023 Mass Appraisals of All Major Ethanol Plants in US
October 30, 2023
In 2023, Federal Appraisal LLC has achieved another significant milestone in the world of appraisals by completing a comprehensive mass appraisal of every major ethanol plant in the country. This monumental effort has far-reaching implications for not only property tax assessors but also for the ownership and management of these vital energy facilities. These high-quality, cost-effective appraisals are utilized for income tax and investor management and reporting, property tax management and for asset management, accountants and litigation. Federal has been preparing mass appraisals on the ethanol industry for several years now. From here Federal is also providing traditional single-plant, full analysis appraisals.
Federal Appraisal LLC is a nationally recognized expert in the appraisal of ethanol, biodiesel, and petroleum refineries.
Empowering Ethanol Plant Owners
The significance of this type of valuation isn't limited to tax assessors alone. Ethanol plant owners now have access to critical data that can help them make informed decisions about their properties. Whether for refinancing, selling, or strategic planning, having up-to-date and precise appraisals of their assets is invaluable.
Yearly Updates for Consistent Valuation Data
One of the most useful features of mass appraisals is their ability to be updated on a yearly basis. This means that property valuations remain relevant and reliable, providing a continuous source of data for both tax assessors and plant owners. It's a dynamic tool that keeps pace with market fluctuations and evolving plant conditions.
Transparency and Public Data
It's worth noting that the valuations provided are based on publicly available data. This ensures transparency and fairness in the appraisal process, as the information used is accessible to all parties involved. The reliance on public data sources also maintains the credibility and objectivity of the valuation process.
Accounting for Unseen Variables
While Federal’s mass appraisals are comprehensive and thorough, it's important to acknowledge that individual valuations can change with the emergence of information not publicly available during the mass appraisal process. Therefore, it's essential for plant owners and tax assessors to stay vigilant and make use of updated single-plant appraisals when significant differences exist in public and non-public information occur.
Real-Time Data Collaboration
Federal Appraisal LLC collaborated closely with a vast network of city, county, and state property tax assessors, plant managers, government and university researchers and analysts, leveraging a sophisticated database to provide real-time information about the value of ethanol plants within their respective districts. This real-time data collaboration has revolutionized the way we approach ethanol plant valuations, ensuring that property tax assessments and plant financial management are as accurate as possible.
In conclusion, the completion of a mass appraisal of every ethanol plant in the country by Federal Appraisal LLC in 2023 is a significant milestone for the real estate industry. It brings real-time data collaboration, transparency, and a continuous source of valuation data to the forefront of ethanol plant management. Whether you're a property tax assessors or an ethanol plant owner, this groundbreaking service offers invaluable insights and opportunities for informed decision-making.
For inquiries about our ethanol plant mass appraisal services or to learn more about how we can assist you with your specific appraisal needs, please contact Federal Appraisal LLC. We're committed to providing accurate, up-to-date, and insightful appraisal solutions.
News
Press Releases
Recent media coverage of Federal Appraisal, newly published articles from Federal Appraisal professionals and newly published market surveys from Federal Appraisal. You may want to search for topics by keyword.
Federal Appraisal LLC wins Summary Judgement against IDFPR (PDF)
Judge voids and nullifies all actions of the IDFPR against Federal (PDF)
Business Interruption Caused by COVID-19 and Appraisal Issues
See our Presentations and Articles page for presentations, articles, and YouTube content by the Professionals from Federal Appraisal LLC.
For other articles and other research materials, go to our Library.
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Survey Research
Survey Research represents an underutilized analysis technique within real estate and business valuation community. Nearly everyone within the appraisal community knows about the “three approaches to value”. Survey Research offers a fourth approach to value, or another analysis technique, in support of the three approaches. Federal Appraisal LLC offers survey research services based on the deep academic traditions of social and economic survey research.
To understand the utility of survey research, it may be helpful to recognize the following:
An appraisal is an opinion, and survey research is especially useful in measuring opinions. We are familiar with political polls and other public opinion polls. The same research theories and techniques can be applied to numerous issues within appraisal, in particular the issues of market opinions of value and the elements of value.
With its deep academic tradition in the social sciences, survey research offers avenues to research, and foundations for appraisal conclusions that may not exist elsewhere. This is why the appraisal community is perhaps unknowingly already using survey research. Examples include discount and cap rate surveys, cost manuals, and various Federal Reserve and Bureau of Labor Statistics.
View our Survey Research on Approaches for Power Plants.
Federal Appraisal LLC offers next generation survey research services to the appraisal, real estate, and economics communities, surrounding real estate, and business valuation.
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