Posted 11/28/2022 03:37 (#9953681 - in reply to #9952929) Subject: RE: Pick this apart, land inflation
Glasgow, Ky
In some cases the value of land has increased substantially due to it's location regarding development, etc. When this becomes a factor land values can get inflated substantially ove the value of land strictly based on it's agricultural value. It also can be influenced by other factors.
Figuring inflation's influence on farmland values can get complicated in some instances as external factors can skew the results. .