Verified FBN Member (TN)

(edited)General

South Dakota land values

I’ve inherited a farm in Aurora county South Dakota but live in Tennessee. Can anyone give me a rough estimate of price per acre for farm land there or can you recommend a good appraiser? Thanks

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Verified FBN Member (SD)

I've used Maas and Associates in Parkston for appraisals in the past. Land prices have appreciated tremendously over the past 20 years. You need a professional appraisal just to establish your new basis, even if you don't want to sell now.

1


Charles
Charles Baron
FBN Employee

FBN's #AcreVision can show you comparable sales in the area. We'll be releasing parcel estimates this fall. To see recent sales, visit the link below then:



https://www.fbn.com/acre-vision/plat-map


1. Select the parcel

2. Click View Details

3. Click Comparable Sales

3


Verified FBN Member (IL)

go to commonground.io. It's a website with free tools for evaluating land and lease values


Verified FBN Member (WI)

also, if you just inherited the land you should have had an estate appraisal for a ball park idea.

1


Verified FBN Member (WI)

the land sales bulletin is now reporting ag sales in South Dakota. www.landsalesbulletin.com


Verified FBN Member (IA)

3+


Verified FBN Member (SD)

let me know what you have please?

************ Thanks


Verified FBN Member (NE)

Give me a shout sometime and we can put together a free valuation for you! ************


Verified FBN Member (SD)

I don’t know where in Aurora county the land is at but if you sold it already fine but I will entertain the conversation of trying to buy it


Verified FBN Member (MD)

How many acres ? Home, outbuildings ?


Verified FBN Member (IL)

AcreValue.com if you set up an account can get more detailed reports. They are usually under on current market prices.


Verified FBN Member (SD)

Famers National out of Oneil NE Ask for ***********


Verified FBN Member (SD)

I don't know where exactly the land is in Aurora county, but if you are interested, I farm in Douglas(adjacent county to the south) and would be happy to discuss moreif you wanted.


Verified FBN Member (MN)

Have you asked the current renter/tenant? Some would say that the sale price should be set by that life long caretaker (renter/farmer). The price should be something that he/she can afford to pay; not a ridiculously inflated price set by outside investors or greedy land management companies. Bottom line; the tenant should be extended the same benevolence that he/she has provided to the land and...

More

8


Verified FBN Member (NE)

I own a farm management and real estate brokerage company and manage some farms not far from there. I'd be happy to help you out if needed.

1

Verified FBN Member (ID)

********************

Have an opportunity I would like to discuss


Verified FBN Member (MN)

looks like average is 115 per acre.

6

Verified FBN Member (TN)

Thanks *******, I should have been more clear. Looking for estimates of sales price per acre not rent prices.