The southern Minnesota farmland market remained steady over the past month. We continue to see a noticeable difference in how buyers respond to farm quality, tract size, and configuration.Buyer interest has declined on smaller tracts and farms with non-square...
For many farm families, land represents decades of stewardship, appreciation, and hard work. When that land is sold, however, it can trigger a significant taxable event—often larger than expected. Planning before a purchase agreement is signed can materially affect...
Selling farmland is typically a once-in-a-lifetime decision and choosing to auction your property can be an effective way to achieve top of market value. If you’re considering this route, it’s essential to understand the auction process and what to expect at each...
Selling your farmland is a significant decision and often a once in a lifetime event. Many landowners find themselves in this position after inheriting their family’s land. Statistics show that farmland is commonly sold within the first 12 months after inheritance....
Determining the value of your farmland can be more complex than some imagine. There are numerous key factors to consider when determining a farm’s value. While some attributes are inherent and unchangeable, others can be managed or improved to maximize value. Whether...
