Blogs by Andrew Zellmer

Land Auction Results - January 2024

 February 6, 2024
 Land Auctions   Land Values   Industry Insights 

The appraisal team at Peoples Company was able to track 40 tracts or 3,868.91 acres sold at public auction in Iowa during January 2024. The average dollar per acre was $12,060, the average dollar per tillable acre was $14,071, and the average dollar per CSR2 was $183.

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Iowa Land Values Update - 2023 Quarter 4

 January 5, 2024
 Industry Insights   Land Values   Land Auctions 

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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Land Auction Results - December 2023

 January 4, 2024
 Land Auctions   Land Values   Industry Insights 

The appraisal team at Peoples Company was able to track 94 tracts or 9,929.61 acres sold at public auction in Iowa during December 2023. The average dollar per acre was $12,104, the average dollar per tillable acre was $14,085, and the average dollar per CSR2 was $180.

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Choosing a Certified General Appraiser or a Realtor for Your Property Appraisal: Which One is Right for You?

 December 7, 2023
 Land Values   Real Estate 

When it comes to determining the value of your property, whether for buying, selling, refinancing, or other purposes, it's crucial to rely on the expertise of a qualified professional. Two common choices for property appraisal are certified appraisers and real estate agents or brokers. While both can provide valuable insights, there are key differences between the two.

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Land Auction Results - November 2023

 December 4, 2023
 Land Auctions   Land Values   Industry Insights 

The appraisal team at Peoples Company was able to track 255 tracts or 23,230 acres sold at public auction in Iowa during November 2023. The average dollar per acre was $12,018, the average dollar per tillable acre was $14,124, and the average dollar per CSR2 was $181.

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Weekly Auction Results: 11/12/23-11/18/23

 November 20, 2023
 Land Auctions   Land Values 

As harvest across the Midwest is wrapping up, the seasonal auction sales are officially in full swing. In Iowa, our appraisal team was able to track over 7,800 acres sold in 89 tracts. The average dollar per acre was $13,043, average dollar per tillable acre was $14,423 with an average dollar per CSR2 point of $178. This is down 2% from the Q3 average. Illinois had a rally, too, with 1,830 acres selling in 24 tracts at an average dollar per acre of $15,281.

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Weekly Auction Results: 11/5/23-11/11/23

 November 13, 2023
 Land Auctions   Land Values 

November is historically the busiest time of year for public auctions, and 2023 is no exception. The week of November 5, 61 tracts were auctioned in Iowa, 20 in Illinois, 15 in Minnesota, and 10 in Nebraska.

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Louisiana Delta Waterfowl Hunting

 November 13, 2023
 Land Management 

Louisiana is renowned for its rich culture, extensive agricultural opportunities, and diverse wildlife. Bountiful and diverse wildlife populations offer unique recreational hunting opportunities, which is the exact reason that Louisiana is referred to as the “Sportsman’s Paradise.” This article centers on Louisiana duck hunting, but waterfowl hunting is a very popular pastime across the country, particularly in the other Delta states of Arkansas, Mississippi, and Tennessee.

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Land Auction Results - October 2023

 November 8, 2023
 Industry Insights   Land Values   Land Auctions 

The appraisal team at Peoples Company was able to track 57 tracts or 5,552 acres sold at public auction in Iowa during October 2023. The average dollar per acre was $12,456, the average dollar per tillable acre was $13,820, and the average dollar per CSR2 was $171.

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What Should You Expect From Your Real Estate Agent?

 October 11, 2023
 Real Estate 

Every real estate agent learns at the start of their licensing process that they will be dealing with two types of people: clients and customers. The real estate “Code of Ethics” demands high standards of professional conduct that protect the interests of both clients and customers and guard the rights of consumers of real estate services.

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