• Property Search
  • Berks County PA
  • Bucks County PA
  • Carbon County PA
  • Chester County PA
  • Lehigh County PA
  • Northampton County PA
  • Poconos
  • Schuylkill County
  • International Horse Properties

PA Horse Farms Today

The Premier Equine Realty Firm Serving Eastern PA

  • Home
  • About
    • Cindy Stys
    • The Team
    • Testimonials
    • Online Reviews
    • Leave Us Feedback
  • Buyers
  • Sellers
    • Property Evaluation
  • High Value Farms
  • Blog
  • Contact
You are here: Home / PA Horse Property Buyers / Farm Property Market Values – Who or What Determines It?

Farm Property Market Values – Who or What Determines It?

August 16, 2012 by Brigita McKelvie

 

determining Farm Property Market ValueA farm that I have listed has had quite a bit of activity and interest from various Buyers.  One of the agents that showed the property to their client, informed me that an offer may possibly be coming in.  Fantastic!

 

I happily informed the Seller of this great news.  The response I got was: “We are not accepting anything below the listed price.”  The offer hasn’t come in yet and I feel like they have already turned it down.  After several years of having the farm on and off the market with various agents, I thought they would be ecstatic with the news.

 

I understand that the farm has a lot of sentimental value and holds many memories, in which case the Seller feels the property has a high value.  This factor does not have a dollar value.

 

What determines the market value of large acreage and farms has many different variables.  First of all, is the land cleared, flat, sloping, dry, or is it swampy, mountainous and rocky, and completely wooded?  The cleared, flat or sloping, and dry property is more desirable and valueable than the swampy, mountainous and rocky land because it usable while the latter is unusable.

 

The next step is looking at comparable farm properties to see what they sold for, what farms are currently on the market, what properties expired and what ones are under agreement.  All these factors help determine the market value of the farm property. 

 

What needs to be considered also is that large acreage is worth less per acre than smaller acreages.  Remember, Buyers save in quantity.

 

To sum it up, before turning down any offer on a farm property, look at it first, determine what the market value and the terrain is like, then decide from there.  If an offer does come in, negotiate.  There is a middle ground both parties can agree on. 

 

Besides, not that many Buyers are searching for a farm with lots of acreage.

 

Farm Property Market Value

Filed Under: PA Horse Property Buyers, PA Horse Property Sellers

newlog

Get in Touch With Us

Contact us right away for more information

610-849-1790

Cindy Stys Broker/Owner

License #RM420165

Latest Posts

  • Hydrotherapy Equipment Could Help Horses with Kissing Spine
  • Benefits of the Cold Saltwater Spa
  • Caring for your Horse this Winter
  • Don’t Want To Spend Another Cold Winter On The Farm? List Now, and Take Great Photos!
  • Spring Is Here, Get Ready To List Your PA Horse Farm!
  • Is Your PA Horse Property Ready For Colder Weather?
  • The End of Dana Point Farm’s Thoroughbred Legacy
  • 2016 Olympic Equestrian Teams Named
  • Chester County Manure Management Workshops
  • Equestrian Estate Available in Nazareth, PA

Cindy Stys Equestrian & Country Properties, Ltd.
720 Smith Hill Rd
Stroudsburg, PA 18360
Cindy Stys, Broker/Owner
License #RM420165

Copyright © 2014 Cindy Stys Equestrian and Country Properties, LTD · All Rights Reserved · Design by IG Webs