It is amazing how true the old saying about real estate is – location location location.
Not that I have any land for sale or anything, but a couple of days ago I was surfing the net and happened to find the county auditor website for the county I grew up in. I looked up my grandparents farm and it looks like the property was broken up as it now only shows 40 acres when I know it was over 500. Still the 40 acres that have the buildings have a total valuation of 350K. Heck there are areas around me now that you can’t even buy 40 acres of bare land for 350K.
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