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<blockquote data-quote="marksmu" data-source="post: 634708" data-attributes="member: 9219"><p>I will say what I have noticed, is that large tracts, (tracts over 300 acres) tend to go for much less than smaller tracts. I consider anything smaller than 200 acres quite small for ag purposes at least..500 acres seems to be a real breaking point...at 500 acres, if the owner is not willing to divide the price comes off much more steep as well. Also akward shaped property, property with pipelines, and property with drainage problems...all much cheaper. There are some good deals, that just need some TLC....</p><p></p><p>Our property at $700/ac has drainage issues, but that worked to my advantage, as I rerouted the water to duck ponds. Its an old rice farm, of which much (60%) was still in old levys...a single mold board plow, and 3 way blade made quick work of them, and then cutting some ditches, left us with a lot of good dry land, and several nice little duck ponds....I dont lease them, b/c ducks are my passion, but my neighbor does, and he gets $5000 hole, with only weekend day passes...no overnight hunters, and off the property by noon.</p><p></p><p>Huntin ducks is big business down here.</p></blockquote><p></p>
[QUOTE="marksmu, post: 634708, member: 9219"] I will say what I have noticed, is that large tracts, (tracts over 300 acres) tend to go for much less than smaller tracts. I consider anything smaller than 200 acres quite small for ag purposes at least..500 acres seems to be a real breaking point...at 500 acres, if the owner is not willing to divide the price comes off much more steep as well. Also akward shaped property, property with pipelines, and property with drainage problems...all much cheaper. There are some good deals, that just need some TLC.... Our property at $700/ac has drainage issues, but that worked to my advantage, as I rerouted the water to duck ponds. Its an old rice farm, of which much (60%) was still in old levys...a single mold board plow, and 3 way blade made quick work of them, and then cutting some ditches, left us with a lot of good dry land, and several nice little duck ponds....I dont lease them, b/c ducks are my passion, but my neighbor does, and he gets $5000 hole, with only weekend day passes...no overnight hunters, and off the property by noon. Huntin ducks is big business down here. [/QUOTE]
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