...a piece of flat, non-polluted, good-weathered agricultural land, not far from a principal road, in proportion to the price per area? Can you give a range, and state your units? Thanks.
2006-09-18 02:23:07 · 4 answers · asked by jarynth2 2 in Business & Finance ➔ Renting & Real Estate
The fair price shouldn't depend on the market conditions, only on the quality of the land! It's not for practical purposes. That's why I'm asking for impressions... all over the world =)
2006-09-18 02:30:48 · update #1
Implossible to know with out more information such as location. Big difference if it's land for wheat in Kansas or land for soybeans in Illinois or land for corn in Iowa. Is it irrigated? Etc.
2006-09-18 02:32:37 · answer #1 · answered by Oh Boy! 5 · 0⤊ 0⤋
That's impossible to do without knowing the local market conditions. The best way to determine a fair rental value is to compare the land to other rented land in the area. Check your local classified listings, or talk to the local farmers.
2006-09-18 09:27:52 · answer #2 · answered by Ralfcoder 7 · 1⤊ 0⤋
I live in Stockton, California. people do not earn enough money. Two hours is the Bay Area and San Jose (the silicon valley) what people are doing, because houses and rents are sky high overthere, They work over there, and live here in Stockton.
Landlords have seen this, so the have raised the rents. But for us that we don't work over there is too high! Even they drive 2 hours in the morning and 2 hours at night!
2006-09-18 09:34:10 · answer #3 · answered by alfonso 5 · 0⤊ 0⤋
Real Estate is local, no one can put a value on a piece of land without location information. Your question cannot be answered.
Regards,
Joe Ballarino
http://www.JBnaples.com
2006-09-18 10:50:02 · answer #4 · answered by Joe_Ballarino 3 · 0⤊ 0⤋