Anybody Farm Shopping?

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  • Fri, Mar 12, 2021 - 05:49pm

    #1
    FooBarr

    FooBarr

    Status Bronze Member (Offline)

    Joined: Oct 21 2010

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    Anybody Farm Shopping?

Here’s a farm for sale a few miles down the road, I used to throw hay there as a kid.  Would be swell to see it occupied by a tribe of PP folks.  Between the Miss & Mo Rivers on the 41st latitude.

150+ acres, rolling hills, some CRP, some conventional row crop, some timber, pond, no structures.  Recently listed at $700k.  Some Amish in the neighborhood and probably could build you a quick barndo to shelter your RV until you build a home.  Neighborhood is fairly friendly.

PM me if you’re serious, I can reply with internet listing.  It’s currently owned by out-of-towner who only shows up during hunting season.

  • Sat, Mar 13, 2021 - 03:29am

    #2
    brushhog

    brushhog

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    Reply To: Anybody Farm Shopping?

700k for 150 acres with no house? That seems very high.

  • Sat, Mar 13, 2021 - 08:24am

    #3
    dreinmund

    dreinmund

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    Joined: Mar 19 2011

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    Anybody Farm Shopping?

I have been looking for houses with 20-50 acres of land, and at least half of it cleared.
The main “obstacle” for me is that a lot of nice properties have no access to high-speed internet. It’s a no go for me.
I don’t want to be close to big cities, but I also don’t want to go back to dial-up days.

Price of ag land w/o improvements. Take one years gross income/acre X 7-10.

ie. 200 bushel corn land and corn is 4$/bushel, 800×7=5600$/acre. Watch the coming commodity super cycle get farm prices skyrocketing. Glad I have mine.

  • Sat, Mar 13, 2021 - 09:21am   (Reply to #2)

    #5
    brushhog

    brushhog

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    Anybody Farm Shopping?

Depends on where you are. I just sold 86 good farm acres in Vermont with 2 barns and a 1500 sq ft house for 325k…which was about right for current market conditions. I bought it 7 years ago for 265.

  • Sun, Mar 14, 2021 - 07:46am   (Reply to #3)

    #6
    psebby

    psebby

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    Anybody Farm Shopping?

Dreinmund, I live in the country about 7 miles out of town – no cable internet.  But I had satellite internet put in when we moved here 13 years ago and it has been very reliable; see viasat.com.

Good download speeds – we do internet for multiple computers, TV streaming, etc.

Biggest drawback is that there’s maybe a 3/4 second delay between making a request and then starting to get the results (while that request goes out into space and back).  Not a big deal for web browsing, but kind of annoying on Zoom calls because I won’t hear someone else start to talk (or they won’t hear me start) due to the delay and we end up talking over each other sometimes.

Occasionally, during a heavy thunderstorm we’ll lose the satellite connection, but just for a few minutes.  And once a very heavy, wet snow stuck to the satellite dish and I had to go out and brush it off to restore service!

But all in all, it’s been very good, reliable service.

Paul

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