Nebraska land values ​​keep climbing

Land is selling at prices up to 30% higher than one year ago, according to BigIron Realty. It might sound like a broken record, but the same factors continue to move land values ​​upward.

There are more buyers than sellers, and continued solid commodity prices are feeding the land market. The approximate time to sell a farm is about 60 days, according to BigIron.

BigIron Realty of Columbus, Neb., a licensed real estate broker in eight states, compiles the reports for this column. However, not all sales are handled by BigIron each month. For more information, contact BigIron at 800-887-8625.

The following are several of the most recent sales in Nebraska:

East

Polk County. A total of 43.6 acres sold at online auction for $374,960. This gravity-irrigated farm would make an excellent investment for anyone. It’s just minutes from Columbus and has good gravel road access. Included in the sale is a 15-hp electric motor with pump, about 69 lengths of gated pipe, 13 lengths of mainline, and miscellaneous valves and fittings. — Compliments of BigIron Realty

Hamilton County. A total of 158.52 acres sold at online auction for $1,943,455.20. This high-quality farm lies mostly flat in a great location a half-mile off a blacktop road. A new Reinke seven-tower pivot with a corner system, well, pump, natural gas power unit and generator sold with the property. — Compliments of BigIron Realty

Hamilton County. A total of 305.59 acres sold at online auction in two tracts for $2,872,605. Tract 1 includes 145.17 acres of a high-producing farm. The land lies primarily flat and has an excellent location along Highway 34. There are grain markets and ethanol plants in the area. The pivot and power unit are owned by the tenant and are not included in the sale.

Tract 2 includes 160.42 acres in a combination farm of about 110 acres of irrigated cropland with the balance in pasture and trees. The farm has a gentle slope and is gravity irrigated. The power unit is owned by the tenant and is not included in the sale. — Compliments of BigIron Realty

North

Boyd County. A total of 406 acres sold for $720,000. This combination farm has about 68 acres of cropland, pasture ground with three dams and a spring box, a good perimeter and cross fences. It is located 3 miles west and 1.5 south of Naper. — Compliments of Earley Real Estate

Central

Howard County. A total of 797.88 acres sold at online auction for $2,313,852. This land offers gravity-irrigated farmland and hard-ground pastures. Access is good via county gravel roads and minimum maintenance roads. The farm was planted in corn, soybeans and some alfalfa this past season.

The irrigated farmland is nearly level, with the dryland parcels gently rolling. The fields of gravity irrigation have been laid out for optimum efficiency. All-white, PVC-gated irrigation pipe sells with the farm. The tenant owns the pipe trailers, specialty fittings and trash pump, and they do not sell with the property.

According to Farwell Irrigation District, 10 irrigation turnouts are providing 261.2 certified irrigated acres, and the 2021 assessment is $4,440.40. There are well-maintained four-wire fences that separate the best of the farmland from the rolling pastures. Water is provided to the livestock by ponds formed by dams. Some of these dams have been recently excavated and cleaned out.

The west pasture was idle this past season, so it will be prime for the new owner. There are hunting lease opportunities with this property. It would take a lifetime to put this much land together, with all of it being contiguous. — Compliments of BigIron Realty

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