Seems to me that you did pretty good, although I have to admit that over time, it'll be you deciding whether or not it was a good deal or worth it.
You asked us though, and since you did, congratulations.
A sizable piece of land like yours around me, $3K per acre on the low end. Smaller piece, well my neighbor was selling off 10 acres at $10K per acre, ag not housing. Then again, I passed a boat setting on a trailer along the interstate today that I swore said "Was $478K...", and then passed it again later and it did say "Was $478K but is now $328K". It was a big boat, about 40 footer I guess, and a nice one too as boats go, but if I was spending $100K, it wouldn't be on a boat. I'm not knocking anyone that would, and hope whoever does enjoys themselves, but I'm not spending $100K, $328K, or $478K on a boat.
Congratulations on your farm, but again in the long run, you'll decide that for yourself, and that's all that really matters.
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Today's Featured Article - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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