Agricultural land's valuation: Russian and foreign experience

The article analyzes the current experience of cadastral valuation of agricultural land in Russia and abroad in relation to factors determining the value of such land. It is noted that in world practice in this area the income approach is mainly used, and as pricing factors, in particular, government payments and loans are used, and in Russia, government support measures are not taken into account. The authors believe that this issue requires further discussion and clarification.