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Tractor Talk Discussion Forum

to Dave from MN

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55 50

04-25-2007 20:47:46




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Back on 4/21/07 you asked "What will $500,000 buy in ND acres", etc.

Well according to some data I was able to get, it depends on which county you would purchase land in. USDA numbers are roughly 320 acres to about 1400 acres for $500,000. The higher values are in the east and decrease as you travel west. Very roughly that"s about $350 to $1550 per acre.




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Dave from MN

04-26-2007 09:05:08




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 Re: to Dave from MN in reply to 55 50, 04-25-2007 20:47:46  
First , Thanks. Second Holy Crap, my 40 acre and poultry barn wuld bring in about $500,000+ if I were to sell it today, mostly cause I am a couple miles west of St cloud, mile c/c from a golf course, on a major road Cty 25. I was in today dealing with how close some one can build to my barn. It was 660', too close if you ask me. So here I sit wondering it I should by the surrounding 20 - 40 acres at $4000 an acre or more, and hope when this lands time comes I can actually make some good money on small acreage lots. I have a few nice hills, Oak woods and a nice pond, or do I sell now and get the most I can and invest that money into land elswhere and start a new operation. It is very frustrating.
Thanks again for the info

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Don-Wi

04-26-2007 10:47:26




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 Re: to Dave from MN in reply to Dave from MN, 04-26-2007 09:05:08  
Heck, that's nothing! Our land when we sell out will probably bring $35-40,000- PER ACRE!!! ON the high side that's 2.6 MILLION for about 65 acres. Myself and all of my brothers will get $500,000 each...

Donovan from Wisconsin



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