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Tractor Talk Discussion Board

Re: farm land prices in your area?


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Posted by rew1953 on July 11, 2020 at 08:15:23 from (70.238.188.56):

In Reply to: farm land prices in your area? posted by swindave on July 11, 2020 at 04:04:19:

Land prices in central KY are outrageous. A 600 acre raw land, no buildings or barns, parcel went up for sale this spring 1/2 mile down the main road. I called to ask permission to fish the 2 nice ponds. The owner told me I should look at purchasing since he had just dropped the price to 3.2 million. What farmer could ever afford such a price? Add to that the cost of a house and at least one nice size barn and the result is bankruptsy. The land is gently rolling with a few steep spots, but can drive a tractor over 95% of the land. Running cattle on it now. Only crop is hay fields for the cattle. Sure looks like it is being priced for development, not farming.


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