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Joined: Apr 2002
Posts: 128
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Joined: Apr 2002
Posts: 128 |
New info on the price of a pond vs. its value. . .
An acquaintance in San Antonio, Texas recently bought a run-down dairy farm in the brush country south of town. Spent $100k "cleaning up" the place.
His chief expenses were boring a deep irrigation wellrenovating a dairy lagoon, a stock tank and a main fishing lake.
A few months later, he sold the place for a tidy, tidy profit, at $500 per acre over the price of neighboring property. Why? The surface water.
In this part of the country, living next to the desert, a pond or lake is extremely valuable. In Florida or Oregon or Maine, maybe surface water is not such a big deal.
Mark McDonald
Editor, Pond Boss
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Moderated by Bill Cody, Bruce Condello, catmandoo, Chris Steelman, Dave Davidson1, esshup, ewest, FireIsHot, Omaha, Sunil, teehjaeh57
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My First
by Bill Cody - 05/06/24 07:22 PM
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