How much is farmland worth in michigan
WebLand for Sale in Michigan between 1 and 10 Acres - 1 - 25 of 8,412 listings. Sort. 2.27 acres • $1,350,000. 3 beds • 1 baths • 4,275 sqft. n8234 Reindeer Run , Christmas, MI, 49862, Alger County. Lake Superior Home with a pier dock for your boat and that is just the beginning. The permanent dock extends into the lake for 180 feet with ... WebApr 7, 2024 · During the last run-up in farmland values, using a year-old appraisal could have cost a seller 20% or more. 4. A BPO is not an appraisal. A broker’s price opinion (BPO) is not an appraisal. A broker’s role is to provide service …
How much is farmland worth in michigan
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WebDec 8, 2024 · The survey also collects information on land leasing and rental rates. This report contains the results for the MSU land value survey conducted in spring and … WebNew England cropland lease rates can range from $40 per acre/year to $300 per acre/year. If the soil is decent, and there is no infrastructure such as buildings, municipal water, fencing, etc. a reasonable cropland lease rate might be $75 per acre/year.
WebAug 16, 2024 · The value of farm real estate in states bordering Michigan includes Wisconsin, $4,950 per acre; Ohio, $6,290 per acre; and Indiana, $6,580 per acre. … WebSep 2, 2024 · The GreenStone analysis found dairy values for larger Michigan dairies remained unchanged at an average of $2,650 per stall and $6,000 per acre after a 5.5 …
WebJan 5, 2024 · Over the last 20 years, the price of farmland per acre in michigan has risen by an average of 4% per year to $4,480 per acre as of 2024. This represents an increase of … WebFind lots and land for sale in Michigan with 1 acre including acres of undeveloped land, small residential lots, farm land, commercial lots, and large rural tracts. The 1,051 …
WebRanch & Farm Auctions 40 acres • $194,000 7124 VanDyke Road, Lot#WP001 , Cass City, MI, 48456, Sanilac County This property is BIG timber. Located on M-53 (Van Dyke) this square all-wooded tract provides everything you need to hold whitetails and all other wild game species living in the area.
WebThe land prices in Indiana and Ohio though are not unfairly gauged, though. 2014 cropland value in Indiana is more than double ($6,950/acre) of that in Kentucky ($3,150/acre). Ohio cropland ($5,550) is also more valuable than Kentucky cropland and the eastern part of the state is a hotbed of mineral and natural gas investment opportunities. flooding in joshua treeWebThere are 20,955 agricultural parcels in Lenawee County, MI and the average soil rating, as measured by NCCPI, is 62. The average farmland value estimate in Lenawee County, MI is $6,165/ac.. Soil productivity information is sourced from the Web Soil Survey developed by the National Cooperative Soil Survey and operated by the USDA Natural ... flooding in isle of wight todayWebSep 10, 2024 · USDA releases 2024 farmland cash rent values. Jonathan LaPorte, Michigan State University Extension - September 10, 2024. Land rent prices vary tremendously from … great marni stone rewardsWebJun 19, 2024 · There can be wide variation in farm values in a micro-market, if there are just one or two buyers in a small area. For example, transactions in Woodford County have been pretty aggressively priced: $14,000 to $15,000 per acre, compared to $10,500 to $11,000 in a neighboring market, because of just a couple of aggressive buyers in that one area. flooding in katy texasWebThe average land value is around $39,000. But there is a lot specifically in Atherton, CA that sold back in 2024 for a whopping $6.9 million. Location, location, location. On the other side of the coin are places where land is … great marlow term timesflooding in jamestown nyWebAug 15, 2024 · The average value for farmland that was converted to commercial use was $18,211 per acre for the state of Michigan. The value of farmland being converted to commercial use was $20,683 per acre in the Southern Lower Peninsula and $6,950 per acre in the Upper and Northern Lower Peninsula. How much is land per acre in northern … great marni stone reward