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I hope you enjoy these pictures of the beautiful and unique architecture of Storm Lake, Iowa.
Stay tuned for more. Check out some of my other photo collections below:
Unique and historic barns of Northwest Iowa
Showing posts with label agricultural land. Show all posts
Showing posts with label agricultural land. Show all posts
3/31/2007
Buena Vista County, Iowa - Property Valuations up 10% - 20%!!!
Agland and residential real estate have increased since 2005 - BUT they have not increased 10-20%. Agland is calculated on a 5 year rolling average according to Kathy Croker (BV County Assessor). Residential real estate is based on actual sales in 2006. The importance of comparable properties and the criteria for those properties when you sell or purchase a home are noted in a previous post. CMA Post Link
Both Ag and Residential will be subject to equalization by the State of Iowa but start preparing now. Contact a Realtor or an Appraiser if you think you assessment is incorrect (you will have it by April 15th). A Realtor can do a CMA (Competitive Market Analysis) and an Appraiser will appraise your property - both can show what the fair market value of your property actually is. This is very important because this amount is the one you should be taxed on.
The assessors will notify you by April 15, and you will have until May 5 to appeal the new assessment. To appeal you will need to be armed with facts that show your home has been assessed higher than the actual fair market value to get the taxes reduced.
Pay your fair share, but don't you work too hard to give your money away?
Both Ag and Residential will be subject to equalization by the State of Iowa but start preparing now. Contact a Realtor or an Appraiser if you think you assessment is incorrect (you will have it by April 15th). A Realtor can do a CMA (Competitive Market Analysis) and an Appraiser will appraise your property - both can show what the fair market value of your property actually is. This is very important because this amount is the one you should be taxed on.
The assessors will notify you by April 15, and you will have until May 5 to appeal the new assessment. To appeal you will need to be armed with facts that show your home has been assessed higher than the actual fair market value to get the taxes reduced.
Pay your fair share, but don't you work too hard to give your money away?
3/24/2007
Farmland Prices in Iowa
With all the ethanol and bio-diesel plants going in the price of agricultural land is climbing. Overall Iowa experienced a 14% increase in the last 6 months! Now that's a return I'd like to get. My experience is that good crop land is selling for about $4,500 an acre in this area. The state average is $4,313 so we are a little higher. There hasn't been a lot of land change hands in Buena Vista County and what has is estate land.
Farmers are getting top dollar for corn and soybean they can afford to buy land as it comes available. Few real estate investors, who aren't already crop farmers, are investing in ag land. I believe the reasoning for this is the amount of knowledge required to know what type of land you are buying and how to rent it if you don't farm it yourself.
Farmers are getting top dollar for corn and soybean they can afford to buy land as it comes available. Few real estate investors, who aren't already crop farmers, are investing in ag land. I believe the reasoning for this is the amount of knowledge required to know what type of land you are buying and how to rent it if you don't farm it yourself.
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