Winery Appraisers?

[UpstateNY]

Well, if there isn't a reliable market for the grapes then the market value isn't really there. Like you say, more of a hobby. Healthy vinifera vineyards here are worth $10,000 - $15,000/acre generally.

 

[Truett Neathery]

Wineries

I'm not overly fond of wine and I loathe wine snobs who speak of wines with an earthy body, hints of Meyer lemon, notes of pencil shavings and overripe figs, and a long finish with a big nose (or whatever it is they say.) LOL

I have to agree with Greg on that - there are a couple of wine snobs around me, I always tell them I stick to Mogen David so as to avoid any snobbish from them.

 

[Vernon Martin]

Is there a textbook for winery appraising?

I've benefited from AI textbooks on gas stations, golf courses and subdivisions. Is there a textbook for winery appraising?

VM

 

[UpstateNY]

I haven't come across any texts on winery appraising, but with the growth of the industry in many states now, maybe one will be available before too long.

 

[Truett Neathery]

Vinyards

Well, if there isn't a reliable market for the grapes then the market value isn't really there. Like you say, more of a hobby. Healthy vinifera vineyards here are worth $10,000 - $15,000/acre generally.

Correct. Vinyards are often used as a x"Tax Deduction" for high-income persons to write off against their income, one of the worst reason for buying and developing a vinyard, or a gas field or anything driven by such incentives. A small winemake/seller will probably be driven out or prevented from entering the wine market by such practices, unless a large French company comes along and bails them out at a steep discount. Same goes for Solar, Wind power, etc. The user will never benefit, I've seen it all.
TN