For those who buy investment property, they are beginning to turn their sights from commercial real estate and residential real estate to farms for sale. The cost of agricultural land has dipped slightly, along with most other property values, but historically, farms have an amazing track record of appreciation. Save for a major economic downturn, depression or recession, agricultural USA property is often the quickest to bounce back. The growing population and improvements in health care warrant the aggressive acquisition of new land for farming, energy development and recreation. Here are some common websites to help you start your search.
If you’re looking at farms for sale so you can grow a particular crop or raise livestock, then you might want to visit www.farmseller.com, where you can search for your particular purpose, whether it is beet farming, pecan growing, wine making, berry picking or sheep grazing. Most of the farms listed on the site are located in Oregon, although Colorado, Idaho and Montana have over 100 listings too. Most of the properties consist of acreage, land, residential plots or ranches for sale. Most of the listings are sparse but direct you to the proper real estate agent and mortgage professionals to continue your search.
Another site to peruse for farms is www.farmandranch.com, which bills itself as “the premier destination for farm and ranch land for sale.” This site also produces quarterly coffee table magazines distributed nationwide. These ranches for sale and farm properties aren’t your run-of-the-mill type of places that require substantial work. The vast majority of offerings on the site are for people looking to move to a more secluded — but luxurious — setting. You will even find an auction property or an overseas property here and there too. For the discerning buyer, this site features quality offerings more than quantity.
Investing in real estate may not seem like a prudent idea at this time, but investing in farms for sale is usually a safe bet. Throughout the past 100 years, farms have seen steady increases almost every year. In 2008, the credit crisis and housing bubble brought down the profitability of farmland somewhat. Even so, prices are creeping up once again and buyers are interested. Whether it’s for cattle raising or vegetable growing, hunting or fishing, there are many properties on the aforementioned websites.
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