Work

Refining Farmland Appraisals for SGMA and Subsidence Rules in California

Year: 2026

Type: article

Abstract: California’s new subsidence best management practices (BMPs), drafted under the Sustainable Groundwater Management Act, present a turning point for rural appraisal practice. Traditional reliance on past sales and conventional production assumptions is increasingly inadequate where groundwater cutbacks tied to critical head thresholds may abruptly shorten the economic life of orchards. This paper assesses how BMPs complicate the application of cost, sales comparison, and income approaches and provides guidance on integrating hydrologic indicators, groundwater sustainability criteria, and regulatory risk into appraisal reports.

Source: AgEcon Search (University of Minnesota, USA)

DOI: 10.22004/ag.econ.410252

Authors: Dahl, Cody, Wall, JoAnn

Language: English

Topic: Water resources management and optimization

Subfield: Ocean Engineering

Field: Engineering

Domain: Physical Sciences

SDG: Life on land

Open Access status: green

OpenAlex ID: W7208789641

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