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Tractor Talk Discussion Board

value of farmland


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Posted by jacksonduper on August 25, 2009 at 10:03:11 from (70.195.219.210):

I was looking for some input from you guys regarding land pricses. My situation is as Follows. Currently my father own a 170 acre farm free and clear and is a livestock dealer. I'm a teacher but Im involved on the farm on a daily basis especially in the summer. My two sisters are not involved on the farm at all. My parents set up a trust to help with the division of things when my parents pass on. I'm to get 90 acres (includes the farm buildings) and my sisters are to split the other parcel of land. It is also stated that we will get first chance to buy the land if my sisters want to sell (which they will). Me and my wife would like to talk to my Dad about possibly buying some of the land on a yearly basis and not waiting 15 years. What is Ag land worth in you area. It is good cropland but is not buildable currently in our township due to zoning laws. Is there a place I can research farm land sales. Any input would be great.

Joe


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