Knowing the Value of Your Land

Knowing the Value of Your Land

Brad Anderson

Missouri Land Specialist

 

Do you know what your land is worth? For many landowners, their property is not only a significant financial asset—it’s a legacy. But when it comes time to make important decisions—whether selling, leasing, planning for retirement, or passing it to the next generation—accurately understanding the value of that land is crucial.

At High Point Land Company, we’ve seen firsthand how land values can vary. This can be based on location, soil quality, improvements, lease agreements, market demand, and more. In this blog, we’ll walk you through why knowing your land’s value matters, how it’s determined, and how you can take proactive steps to protect and maximize your investment.

Get the full picture

Understanding the value of your land is essential when it comes to making important decisions such as selling your property, settling an estate, or other financial considerations such as using the equity in your land in order to acquire more land or other investments. There are many factors that can influence the value of land, starting with local market demand, which can be based on potential uses of the property, size, location, topography and any special features.

Location is Always Key

Location always matters—whether you’re selling farmland or city lots. In agricultural areas, soil quality, tillable acreage, and topography often determine a farm’s value. Well-fenced properties with strong livestock infrastructure can attract grazing operations. Additionally, if a property is located near a larger city where the demand from a larger pool of buyers is simply greater, then it could be worth more than a more rural area.

Multi-Use Land

Agricultural land can potentially have added value as a recreational property for outdoor enthusiasts as well. Land located in an area known to produce record book big game or has great upland bird or waterfowl hunting will garner more attention from more people and possibly bring more value than land in other areas. Enhancing the recreational appeal with food plots, blinds, and water sources can boost marketability and value.

Feature Rich

If your parcel includes any special features like creeks, rivers, lakes, ponds or spectacular scenery and views, then it’s likely to have strong market value. Even just having access to a well-known river for recreation can make your land more desirable. Not to be ignored, is the maturity, quality and species of marketable timber on the land. This can make a major difference in land value and could be a big point of interest for someone in the timber industry or a buyer that understands how a timber harvest could help offset the cost of the land.

The Low Down

Legal access, recent surveys, and rights to water or minerals can all increase your property’s value. These details matter—especially when you’re preparing for a sale or looking to use your equity elsewhere.

Knowing your land’s unique features and understanding its potential based on location helps you make smarter decisions. Properties with multiple value drivers tend to hold strong long-term potential and offer flexibility for personal use, leasing, or sale.

Additionally, there is great value in choosing a knowledgeable real estate agent who specializes in farm and land sales. These professionals bring a deep understanding of your local land values and market trends. If you’re planning to sell, having someone in your corner with the right resources and experience is essential to avoid costly missteps. Moreover, having an agent who can step in and handle the tough negotiations—even if, and especially when, the buyer is a neighbor or family member—offers peace of mind during what can be a stressful time.

Let us at High Point Land Company be the “One” when that time comes for you.

 

Do you want to learn more?

If you’re considering buying, selling, or managing land, reach out to a local High Point Land Company Agent. For more questions visit our YouTube Knowledge Center.

 

Moving to the Springfield area, Brad started his own successful business where he worked for 17 years. After buying his own land and raising two sons to appreciate the outdoors, he sold his company and decided to start a new chapter in life. With a love for farmland, hunting properties, and everything outdoors, Brad teamed up with High Point Land Company to help others find their dream of owning their own ground and achieving their individual goals. Contact Brad at 417-827-7500 or email Brad@highpointlandcompany.com.

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