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Non-Cattle Specific Topics
Every Thing Else Board
Land Prices??? 1031's
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<blockquote data-quote="jkwilson" data-source="post: 168637" data-attributes="member: 969"><p>High here. 8 years ago we bought some land for $1500 an acre. Had to finance while we sold another place, and the bank would only go $1400 based on appraisal. Neighbor just sold 80 for $2200 an acre. This is rocky, hilly (for Indiana) stuff that is marginal crop ground. The black stuff to the west of us is in the $4000 range these days.</p></blockquote><p></p>
[QUOTE="jkwilson, post: 168637, member: 969"] High here. 8 years ago we bought some land for $1500 an acre. Had to finance while we sold another place, and the bank would only go $1400 based on appraisal. Neighbor just sold 80 for $2200 an acre. This is rocky, hilly (for Indiana) stuff that is marginal crop ground. The black stuff to the west of us is in the $4000 range these days. [/QUOTE]
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