The basis is generally the regional standard land value (Bodenrichtwert) for agricultural land, which differs significantly from building land and is heavily dependent on soil quality and productive capacity.
Existing farmsteads, farm buildings or stables are valued separately using the cost approach and added to the land value of the agricultural area.
Existing lease agreements, milk quotas or direct payment entitlements from EU agricultural subsidies can additionally affect the overall value of the farm and should be recorded separately.
The size of the area also plays a role: larger, contiguous and easily cultivable areas generally achieve a higher price per square meter than small, fragmented parcels.
In the case of a foreseeable future rezoning to building land, for example on the outskirts of growing municipalities, the value of an agricultural plot can also decouple significantly upward from the pure income-based valuation.
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