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Yeah, although Wyoming land is reportedly good for some things (eg grazing), quick Google searches seem to suggest price per acre more around $450 an acre state
by soundwave106 10y ago
Yeah, although Wyoming land is reportedly good for some things (eg grazing), quick Google searches seem to suggest price per acre more around $450 an acre statewide (http://trib.com/business/land-values-skyrocket-in-parts-of-wyoming/article_8ca06d9d-cd57-529c-abe2-e23be007b573.html http://trib.com/business/land-values-skyrocket-in-parts-of-w...).
The thing is, agriculture fertility is not the only factor in rural land price these days -- I've heard ala the linked article that investing in land for hedging / portfolio diversity purposes is popular. It's also no surprise to hear that more aesthetically attractive rural areas will fetch a premium (I would seriously doubt the area around the Grand Tetons region is just $450 an acre for instance; the linked article suggests as much).