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Kentucky Proud

Welcome to the Division of Agriculture Education, Farm Safety and Farmland Preservation

Farmland Preservation Program

 

Ag Education Programs

Easement Restrictions

PACE Statutes

Easement Template

(doc)(92.5kb)

Questions and Answers

Features and Benefits

Determine Your Easement Value

Tax Advantages

Application

(pdf)

Scoring Questionnaire

(pdf)

Evaluation Criteria

Program Status

State Easement Map

Click here to download the PACE Presentation in Powerpoint

Determining Easement Value      



                                           Example: a 200-acre farm

Appraised at fair market development value
$2,500 per acre = $500,000

Estimated farmland restricted value
$1,200 per acre = $240,000

Potential conservation easement value
$1,300 per acre =$260,000

Note:

Values are variable, subject to established appraisal procedures (302 KAR 100.020) for purchasing agricultural conservation easements


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