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Will farm land prices be lower next year after flooding ?

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  • 10-12-2015 7:41pm
    #1
    handlemaster
    Registered Users Posts: 6,003 ✭✭✭


    I've my eye on some land ( heard it might be going up for sale next year ) that occasionally has flooded due to lack of drainage mainly but with this flooding its higher this year.

    As the title says will the flooding of land this year bring down some land prices next year ?


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    #2
    Capercaillie
    Registered Users Posts: 1,732 ✭✭✭Capercaillie


    handlemaster wrote: »
    I've my eye on some land ( heard it might be going up for sale next year ) that occasionally has flooded due to lack of drainage mainly but with this flooding its higher this year.

    As the title says will the flooding of land this year bring down some land prices next year ?

    why do you want land that floods?


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    #3
    Swiftly
    Closed Accounts Posts: 59 ✭✭Swiftly


    Capercaillie wrote: »
    why do you want land that floods?

    He asked the question. I'm sure it wouldn't hurt OP


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    #4
    Mehaffey1
    Registered Users Posts: 1,569 ✭✭✭Mehaffey1


    handlemaster wrote: »
    I've my eye on some land ( heard it might be going up for sale next year ) that occasionally has flooded due to lack of drainage mainly but with this flooding its higher this year.

    As the title says will the flooding of land this year bring down some land prices next year ?

    Wouldn't think it would fall at all. The capacity of the land hasn't changed at all so the value in my eyes would stay the same.


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    #5
    Mehaffey1
    Registered Users Posts: 1,569 ✭✭✭Mehaffey1


    Capercaillie wrote: »
    why do you want land that floods?

    I'm assuming that the OP would improve drainage therefore making the land more profitable.


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    #6
    handlemaster
    Registered Users Posts: 6,003 ✭✭✭handlemaster


    Mehaffey1 wrote: »
    I'm assuming that the OP would improve drainage therefore making the land more profitable.

    True. . If all fails I could open a duck farm


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    #7
    Mehaffey1
    Registered Users Posts: 1,569 ✭✭✭Mehaffey1


    handlemaster wrote: »
    True. . If all fails I could open a duck farm

    Do not overlook the possibility of a canoe/kayak lake.

    My family have owned such land for generations and it's great for a good cut of hay for the horses every year too.


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