Complete Utter Nonsence...

Lot 1 & 3 11a grass, Apraized 44,000 sold in mid 60's
Lot 2, 4, 5 75a 1/2 Gras, 1/2 sm wood/scrub brush, 5 swamp, Apraised mid 90's sold over 200,000
Lot 6 27a, sm wood/scrub brush, mostly dranage for rest, Aprised 30 sold 108,000

All the locals had chins on floor, auctioneer grinin ear to ear. Avg of 3500 an acre (avg Apraised 1450)

Wonder if they ever even looked at it.

In my family, my parents and an uncle were very healthy up to an advanced age, and did not protect their property by giving it away in time, or having nursing home insurance, and within a couple of years, the family farm had to support monthly nursing home bills for three people for several years. By selling a small portion of the land that had been in our family for over a hundred years at a good price, those needs were meet, and I was able to keep the remainder in the family.

I hope I am able to manage my old age preparations better, and set up a plan to keep the farm together, and in the family for another hundred years, but in the situation I went through, a good sale price was a godsend.

watched old coal mine southeast Ohio sell off 500 an acre in 97 broke up in plots from 2 aceres to 250 acres, some turned right around and sold for 1000 now up around 1500 when it comes on market.
old man who had property next to me in SE Ohio 140 acres? estate sold for 220,000. was timebered and resold for 265,000 before timber was even cut off of it.
Land is worth what people are willing to pay
Ron