As Gene mentioned, 10 yrs ago land was 1000 an acre, now 4000 an acre.
Bought my 40 in 1999 for 747.00 an acre, now running close to 4000 an acre. Only wish I had been smart enough to say the hell with a 401K, cashed it out, bought the 60 next to mine for 70k. I would have had a hell of alot better return. 29,900 grew to 120,000 market value.
Looking at a 30 next to my house that is up for sale, about 23 tillable. They are asking 99,900 but might come down. Like they say, they aint making land, and next to the house how much better can it get?
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