pricing up land

[simonm]

How do you work out the price of land? ie 0.5 acres of what is now and has only ever been used as agricultural grass land, with road access ? i cannot find any other similar pieces of land in this area that are up for sale to gauge a price from.

[John Shutler]

its about 30-35k an acre down here

[s.varty]

How do you work out the price of land? ie 0.5 acres of what is now and has only ever been used as agricultural grass land, with road access ? i cannot find any other similar pieces of land in this area that are up for sale to gauge a price from.

 

Really difficult to price , agg land is going for aroung 8-10 grand an acre , but that don't mean yours is worth 4-5 grand, it don't work like that, it will fetch quite a bit more. In fact a lot more.

[s.varty]

its about 30-35k an acre down here

 

That much? are you talking very small acreage?

[simonm]

Its basically a huge field that just gets bailed for hay every year, the corner of this field must be a right ball ache to mow/bale etc. Was thinking about trying to find the owner of the land and make them an offer, they are either going to say yes or no.

[simonm]

yeah its not that much around here, need to come up with a sensible offer before i present it.

[s.varty]

Its basically a huge field that just gets bailed for hay every year, the corner of this field must be a right ball ache to mow/bale etc. Was thinking about trying to find the owner of the land and make them an offer, they are either going to say yes or no.

 

Personally if it was my field I wouldn't sell , but maybe rent it to you depending on what your doing on it, bearing in mind there is a scheme for farmers who get paid a good price to grow wild flowers etc on such pieces of land, good luck with it though:thumbup1:

[simonm]

Personally if it was my field I wouldn't sell , but maybe rent it to you depending on what your doing on it, bearing in mind there is a scheme for farmers who get paid a good price to grow wild flowers etc on such pieces of land, good luck with it though:thumbup1:

 

worth an ask, sure there must be a farmer who would let a piddly bit of land go for a fair price

[Johny Walker]

worth an ask, sure there must be a farmer who would let a piddly bit of land go for a fair price

 

:laugh1::laugh1: yer right

[arboriculturist]

Generally Farmers only sell land if they are selling up or retiring.

 

One thing is for sure you won't get small area for less than 10 - 20K/acre. Good luck.