What type of properties primarily use the price per animal unit in their valuation?

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The type of properties that primarily use the price per animal unit in their valuation is agricultural pastureland. This method of valuation is particularly relevant in the context of livestock operations where the carrying capacity of the land is determined based on how many animals it can support.

Using price per animal unit allows appraisers to assess the productivity and income potential of the land based on its ability to sustain livestock. This approach takes into account factors such as forage availability, land quality, and regional agricultural practices, making it a practical and relevant metric for valuing pastureland.

Other types of properties, such as commercial real estate, residential properties, and industrial land, typically utilize different valuation methods that focus on factors like income potential, market demand, location, and comparable sales, rather than livestock capacity. Thus, the focus on animal units is specific to agricultural land where livestock production is a primary concern.

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