I live in a rural town where a neighboring plot of mixed farmland on 36.5 acres is going for about $4,600 an acre. There are also several homes and smaller bits of land for sale in the area. I always keep an eye out for places that come on the housing market.
We bought our slice of paradise (8.3 acres with a farmhouse, barn and other buildings on a dead-end road) last Thanksgiving, so I have an interest in how well our new home is holding its value.
So far, so good...
But I fear that other neighborhoods aren't doing as well as we are.
- Published: 20 June 2011