Plantation Services Market Report 2005 - Return Home

Due to less than positive agricultural economic factors, few farmers appear to be buying additional acreage. The farmland market is, however, being supported by continued strong demand for recreational tracts and for parcels in the 50 to 250 acre range that are being used as part- time farms or country retreats.

Land values continue to increase, with the growth being driven by demographic trends as quality of life factors attract more and more people to the southeastern U. S. Location and natural amenities such as streams, lakes, and attractive topography are often more important than the productivity of the land.

Average farmer age is increasing as fewer younger people are opting for life on the farm. Since farmland represents the primary asset of many traditional farm families, more agricultural acreage is expected to be placed on the market over the next few years as retiring farmers or their heirs seek to liquidate and diversify their asset base.

These ranges reflect recent sales, but should be used as a guide only.

PLANTATION SERVICES

ALBANY, GEORGIA
229.888.2500
CHARLESTON, SC
843.958.0222
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