Blogs by Andrew Zellmer, ALC

Land Auction Results | October 2024

 November 4, 2024
 Land Auctions   Land Values   Industry Insights 

The appraisal team at Peoples Company was able to track 139 tracts or 12,335 acres sold at public auction in Iowa during October 2024. The average dollar per acre was $11,072, the average dollar per tillable acre was $12,408, and the average dollar per CSR2 was $161.

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Investing in Recreational Land: A Guide to Smart Land Purchases

 October 10, 2024
 Real Estate 

Are you considering investing in land for recreational purposes? Whether you're dreaming of a secluded hunting retreat, a serene fishing spot, or simply a piece of nature to call your own, purchasing recreational land can be a rewarding investment.

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Land Auction Results | September 2024

 October 2, 2024
 Land Auctions   Land Values   Industry Insights 

The appraisal team at Peoples Company was able to track 93 tracts or 7,374 acres sold at public auction in Iowa during September 2024. The average dollar per acre was $13,428, the average dollar per tillable acre was $13,481, and the average dollar per CSR2 was $170.

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Iowa Land Values Update | 2024 Quarter 3

 October 2, 2024
 Land Auctions   Land Values   Industry Insights 

Peoples Company tracks agricultural auctions across the state of Iowa. From this data, we calculate the average dollar per CSR2 point ($/CSR2) for sales of tracts with greater than 85% tillable land. Additionally, these tracts are largely unimproved or include minimal improvement contribution.

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Alligator Hunting in Louisiana

 September 26, 2024
 Land Management   Agriculture 

Alligator hunting in Louisiana is deeply rooted in the culture, history, and ecology of the state. Louisiana’s winding bayous/rivers, sprawling marshlands, and expansive timber tracts offer the largest selection of hunting experiences in the United States, drawing hunters from around the world who seek the adventure of hunting numerous different animals and species. Alligator hunting is probably the most unique and thrilling hunting experience offered in the boot state.

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The Power of Networking

 September 25, 2024
 Real Estate   Agriculture   Industry Insights 

Go, Dog. Go! This classic children’s book written by P.D. Eastman was my daughter’s favorite book. She loved the pictures of colorful dogs franticly racing from one place to another, seemingly without any purpose. Some days a career in rural appraisal can feel very similar. Running from property inspections, market research, meetings, classes, verifying sales, and writing appraisal reports, can make it feel like we are running in circles.

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Land Auction Results | August 2024

 September 3, 2024
 Land Auctions   Land Values   Industry Insights 

The appraisal team at Peoples Company was able to track 52 tracts or 5,039 acres sold at public auction in Iowa during August 2024. The average dollar per acre was $13,134, the average dollar per tillable acre was $14,862, and the average dollar per CSR2 was $181.

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Land Auction Results | July 2024

 August 5, 2024
 Land Auctions   Land Values   Industry Insights 

The appraisal team at Peoples Company was able to track 35 tracts or 2,754 acres sold at public auction in Iowa during July 2024. The average dollar per acre was $10,669, the average dollar per tillable acre was $13,495, and the average dollar per CSR2 was $178.

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Understanding Agricultural Appraisal in Lending: Ensuring Sustainable Financing for Farmers

 July 29, 2024
 Agriculture   Land Values 

In the realm of agricultural lending, the process of appraisal holds significant weight. It's not just about assessing the monetary value of land and assets; it's about understanding the intricacies of farming practices, environmental impacts, and the overall sustainability of agricultural operations. Agricultural appraisal ensures that lenders can make informed decisions while offering financial support to farmers, fostering growth in rural economies, and ensuring food security.

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Louisiana Rice Production

 July 29, 2024
 Land Management 

Rice production in Louisiana is a story woven deep into the fabric of the state's history, stretching back centuries and shaped by a tapestry of cultures, innovations, and challenges. The roots of Louisiana rice production can be traced back to the early 18th century when French colonists first introduced rice cultivation to the region. Inspired by the rice-growing traditions of West Africa, these settlers recognized the fertile soil, abundance of fresh water, and favorable climate as ideal for cultivating this staple crop.

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