Minnesota Farmland Prices
The StarTribune, Sunday, March 31, 2019 issue had a story entitled The Farm Paradox. This article noted that overall Minnesota farmland values leveled off after 2014 (the highs were noted in 2011 and 2012), but that acreage is still selling at historically high prices in the upper Midwest. This is despite the cons of low grain, meat and milk prices. Prices for Minnesota agricultural land rose an average of 4.5% in 2018 according to data compiled by the University of Minnesota.
On average, farms come up for sale only once every 50 years. If there is a farm, then, that is close to your operation, you may only get one or two chances in your lifetime to buy it. At this point in time, there is not a lot of agricultural land for sale and there are farmers, investors and 1031 exchange buyers who need/want to purchase land. If you are a landowner, then, you may feel you have missed the opportunity to obtain a good price for your land, but that is not the case at this time.
If you are a seller, National Land Realty provides:
- Limitless knowledge. In Minnesota, Terri knows Minnesota land! She has earned the prestigious ALC designation (Accredited Land Consultant) to better serve her clients due to the specialized education, experience and expertise associated with the designation. National Land Realty also provides additional education and training to keep brokers and agents abreast of important industry news, information and technology.
- Advanced technology. National Land Realty continually invests in technology that drives buyers to our listings and aids each Land Professional in selling your property. NLR’s interactive Land Tour 360® allows us to sell your land from the ground up, and the combination of our GIS (Geographic Information Systems) and state-of-the-art Targeted Acquisition Platform (TAP) program allows NLR agents to immediately connect your property with an extensive list of buyers.
- National exposure. National Land Realty’s website gets tens of thousands of visitors each month. In addition, your property is listed across our national marketing network which includes major land marketing sites such as Land Watch, Lands of America, Land and Farm, Land Flip, and Zillow.
- Dedicated marketing support. Full marketing support is offered from our in-house Creative Team which includes experienced journalists, social media experts and graphic designers that put your property in front of the right, targeted audience in its best light. The team provides help with ad placement and design, retargeting/remarketing, social and web marketing, and targeted direct mail programs, among others.
If you are a buyer, National Land Realty can help you find the perfect property that meets your must-have list. Care, technology and support are offered to you for a buying experience like no other.
Please feel free to call, text or email me if I can answer any questions for you in regard to your land situation or need. Cell: 507-382-0908 E-mail: tjensen@nationalland.com
Listings, reviews and blog articles can be found at https://NationalLand.com/Terri-Jensen.