This is happening in my area. If a farm is sold in one tract including the house, and the house is just average or less, it's fate is usually sealed. It'll be coming down. Along with every tree, out building, fence post, and the mail box. 2 months after being sold, you can drive by there, and it'll look like a house never was ever even there. Just a field of corn or soybeans planted clear to the edge of the road if there is no roadside ditch. I swear, some would even plant road side ditches, if thier planters could somehow do it.
About the only chance an older house has got in my area, is to be sold as a house and separate tract only including the yard and out buildings, when the farm is sold.
95 percent of the farms that are sold in my area, are bought by large farmers for add on acres, or investors. These type people, are not needing a place to live, or buying the property for that.
This could vary drastically by location. Night and day difference, between middle of nowhere, and commuting distance of large city. I'm not within commuting distance of large city. 90 thousand dollar house in the city, would be a 15 thousand dollar house here. If same house here is sitting on 3 acres of good crop land, then those three acres of farm ground are worth more as farm ground than the 15k house.
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Today's Featured Article - Show Coverage: The Old Gold National Antique Tractor Show - by Cindy Ladage. Over the fourth of July weekend, the Illinois State Fairgrounds in Springfield, Illinois, was the site of the Old Gold National Antique Tractor Show. Tractors of all makes and models were displayed and separted into categories by their age. Deere, Oliver and even a Wards and Keck Gonerman were part of the crowd. A sea of red International Harvester's seemed to be the the model with the biggest showing. The crowd was decent for the scorching July heat. The opening day started o
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