Posted 4/13/2025 22:12 (#11188514 - in reply to #11187006) Subject: RE: $92 per acre farmland - how much is your grandpas farm worth?
It is a harder calculation. But what was the income stream worth to your family the last 75 years. Also what if Grandpa borrowed $46 per acre at 4% to buy it . The gain in the land price is never the whole story and probably one of the reasons a land purchase rarely cash flows at purchase.