How much is farmland worth in michigan
WebFind farm land for sale in Lapeer County, MI including large arable farming acreage, pasture land, small organic farms, grazing land, and tillable agricultural sales. The 16 matching properties for sale in Lapeer County have an average listing price of $428,225 and price per acre of $16,375. WebThere 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 ...
How much is farmland worth in michigan
Did you know?
WebOver the last 20 years, the price of farmland per acre in the United States has risen by an average of 4.4% per year to $4,442 per acre as of 2024. This represents an increase of … WebGiven these numbers, it is reasonable to say that the irrigated property might be worth $3,000 per acre. This isn't necessarily a reliable method for determining a final sale price or actual value, ... Coming up with a value for agricultural land is much more difficult than other types of commercial real estate. For one, there are far fewer ...
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 average value of that land is around $12,000 per acre. There are also huge ranges in that average, however. Consider that an acre in Wyoming can cost just over $1,500 while an acre in New Jersey can run nearly …
WebAug 9, 2024 · Farm real estate values across the Lakes States region which includes Michigan were reported at $5,960 per acre, up 13.7% from 2024. Value of farm real estate … WebOur valuation model utilizes over 20 field-level and macroeconomic variables to estimate the price of an individual parcel of land. There are 1,628,842 agricultural parcels in Michigan and the average soil rating, as measured by NCCPI, is 43. The average farmland value …
WebThe value of all farmland for sale in Michigan's Bay County recently was almost $16 million, representing 1,000 acres of land for sale in Bay County. Bay County is Michigan's 51st largest county (630 square miles). Bay County is in the East Central Michigan region.
WebSep 10, 2024 · USDA releases 2024 farmland cash rent values. Jonathan LaPorte, Michigan State University Extension - September 10, 2024. Land rent prices vary tremendously from … fetching tails rescueWebFind 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 … fetching tails chicagoWebJan 6, 2024 · Farmers National Company set a new record sales volume of $766 million in 2024, exceeding the previous record in 2024 of $750 million. The majority of these sales … delsey roland garros chateletWebAs of January 1, 1994, the value of farmland and buildings averaged $744 per acre, 24 percent above the 1980’s low of $599 in 1987, but 10 percent below the record high of $823 in 1982 (fig. 1.4.1, table 1.4.1). Until 1993, the strongest recovery in values occurred during 1988 and 1989, averaging 5 percent annually (Jones and Canning, 1993). fetching taskWebThe 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 … delsey repair locationsWebJun 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. fetching tamil meaningWebDec 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 … delsey quilted rolling underseat tote bag