Property Valuation
The Corn Suitability Rating 2 (CSR2) is an Indiana-specific tool used to:
AGrade the quality of residential neighborhoods
BMeasure the productivity of agricultural soils and directly influence Indiana farmland values✓ Correct
CRate the condition of farm buildings
DAssess water drainage quality in urban areas
Explanation
CSR2 is an Indiana-specific soil productivity index developed by Purdue University. It rates soils on a scale of 0–100 based on their ability to produce corn. Higher CSR2 ratings directly correlate with higher farmland values.
Related Indiana Property Valuation Questions
- The principle of 'highest and best use' in Indiana appraisal is defined as the use that is:
- Reconciliation in an appraisal is the process of:
- Which appraisal approach is typically used for special-purpose properties like churches or schools?
- Indiana farmland values are influenced by all of the following EXCEPT:
- Highest and best use is defined as the use that is:
- Which principle of value states that the value of a lesser-quality property is enhanced by being located near more valuable properties?
- Physical deterioration that can be repaired or corrected economically is called:
- Which of the following is an example of external (economic) obsolescence?
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