A lot of nice features started appearing on tractors in the mid 1950s through 1965.
Live hydraulics, live pto, power steering. 5-8 forward gears.
Even of you don't understand what those mean or don't plan to use them today, they are very good features to have, and I would research what they are and how much nicer a tractor is with them.
The Ford n series is popular because "grandpa had one" and everyone remembers them as the first tractor to have a 3pt hitch, sized to replace a team of horses. They tend to be a little overpriced for what they actually are tho, you can buy a tractor with better features from my list for less money sometimes.
If you are going to invest in a tractor, having a loader on it makes it a "Swiss army knife useful" type of a thing. This might put you over your budget, but if you can you won't ever regret getting a loader on your tractor. Very handy for moving dirt piles for example, and digging out trouble spots to refill, etc. then used to move all sorts of bulky things around the place.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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