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Old 05-12-2009, 10:19 PM
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Default Market for Ranch Land in Western NE?

Asking this for a relative who inherited 400 acres of land near Crawford. The acreage is wooded and has a well. They lease it out to hunters in the fall and at times to neighboring ranchers for cattle grazing. They want to sell it - just wondering what the market is for such - although i suspect slow.
I believe it has been tested for minerals.

Would appreciate any info.
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Old 05-13-2009, 09:32 AM
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What a beautiful area! Would love to have 400 acres in that area (but no money)... If it has a good well and supports both grazing and hunting I'd think the market would be good.
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Old 05-13-2009, 10:20 AM
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I would start with some of the neighboring land owners, offer it to them first.
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Old 05-13-2009, 05:49 PM
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Actually the market is not too bad right now. Land values have continued to increase in Western Nebraska even thru 2008 with a slow economy. We too own land near Crawford. Live water makes it much more valuable. Depending on if they wish to divide or not, it could be quite valuable.
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Old 05-13-2009, 06:35 PM
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Your friend should do some searches at the Dawes co. courthouse in Chadron and see what land has been selling for lately.
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Old 05-14-2009, 10:58 PM
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Thanks y'all for the suggestions/info - I will follow thru with them. My aunt asked me to help her sell it. She did list it with a realtor last year but said he wasn't much help and told her nothing was selling at the time. I thought we could try craigslist,ect. The last I checked (a couple months ago) there were similar properties listed so I was kindve wondering if the market isn't saturated - lots of ranchers wanting to retire/ect. thanks again.
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Old 05-15-2009, 03:00 PM
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Check out this UNL web-site. May help you determine an approximate value.
Crop Watch, March 21, 2008: Survey: Average Farm Land Values up 23% in Last Year<p>
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