From the WASFMRA: Wisconsin land values have been increasing steadily for the past several years.
The upward run in land prices is both a blessing and a curse for the Wisconsin dairy community. Increased equity from land appreciation provides security and potential borrowing power to the current owners, but high land prices also result in pressure for higher land rental rates and raise significant entry barriers for young farmers.
Many factors combine to determine land values – earnings potential, financing costs and real estate taxes to name just a few. This paper examines more than 9,400 Wisconsin large bare farmland sales between non-related parties between 2001 and 2008.
See where values are in your County!
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