How many acres do you own?

[masscity]

140 acres that my brother and I own, but I live on the property. Was a farm so about half is cleared. My friend makes hay on 18 acres for free.

I'm at the end of the road, 60 acres on the west side and 80 acres on the east side. I mow about 2 acres and brush hog trails and part of the orchard. When my Dad was alive and we farmed, we had 240 acres.

 

[Gem99ultra]

If you feel like sharing, thanks, just to get to know more about fellow TBN ers. If you feel this is none of my business, please do not respond.
I'm not a farmer, just a guy in Upper VT who retired and needed a tractor to help around the house. I own 10 acres, 7 wooded. Even with such a small property, I can understand why people have so many tractors. I'd like another.
I imagine answers will reveal hundreds to thousands for some of you.
Happy Easter to all who celebrate...

We have 13 with a couple of 1 acre ponds, and about 8 or 9 acres of heavily wooded. House & shop sits on about 2 or 3 acres of lawn grade.

okay... now that you have 30 or so replies, we're expecting you to post a table with some valuable info.

 

[Oaktree]

Do you guys have a vacant parcel tax imposed if the land or land with building is vacant... it can be an additional 6k per parcel... don't see how legal but it's been around awhile.

It's hitting folks with vacation places as they have to prove 50 day occupancy in a year and also hitting those that have lots with future building plans.

Never heard of that before. Maybe a California thing?
My sisters live in Vt. which has a somewhat convoluted property tax system. Apparently you get a discount on your taxes if it's your primary residence, both have additional property (mostly woodland) and they have to pay the full assesed tax on those lots.

Here in N.H. we have a tax category called current use, designed to help preserve open space. You need a minimum of 10 acres to be able to utilize it. Tax savings are considerable. There are restrictions, including not being allowed to post the property for foot or equestrian passage (you can prohibit motor vehicles and maybe hunting) and if you take it out of CU you owe the difference in taxes for a certain number of years' worth.

 

[John_Mc]

Never heard of that before. Maybe a California thing?
My sisters live in Vt. which has a somewhat convoluted property tax system. Apparently you get a discount on your taxes if it's your primary residence, both have additional property (mostly woodland) and they have to pay the full assesed tax on those lots.

Here in N.H. we have a tax category called current use, designed to help preserve open space. You need a minimum of 10 acres to be able to utilize it. Tax savings are considerable. There are restrictions, including not being allowed to post the property for foot or equestrian passage (you can prohibit motor vehicles and maybe hunting) and if you take it out of CU you owe the difference in taxes for a certain number of years' worth.

Vermont has one property tax rate for a primary residence, and another for residential property that is not your primary homestead. The two tend to be fairly close. There is some convoluted formula for how they come up with those. Sometimes, the formula comes up with a rate that is higher for primary residences.

Vermont also has a "Current Use" tax (originally known as the Use Value Appraisal Program), where forest or farm land is taxed based on it's value as a forest or farm. It does represent quite a tax savings on the forest or farm part of the property, but the house is still taxed at the regular rate. For the forestry Current Use category, the minimum size is 25 acres (if a house is on the property, 2 acres is automatically excluded, so you need at least 27 acres total). To be in the Forestry Current Use category, you also need to have a Forest Management Plan approved by the County Forester. This needs to be updated every 10 years.

Vermont also has an income sensitivity provision for their property taxes. For people under a certain income level, their property taxes are capped at a certain percentage of their income. About 60% of Vermont residents pay property taxes via this system.

 

[MossRoad]

Indiana property tax caps limit the amount of property taxes to 1% of property values for homesteads (owner-occupied), 2% for other residential property and farmland, and 3% for all other property.

Kinda nice.

 

[Fuddyduddy1952]

I like Indiana, and Indiana wants me...but Lord, I can't go back there!

 

[MossRoad]

I like Indiana, and Indiana wants me...but Lord, I can't go back there!

 

[MossRoad]

I like Indiana, and Indiana wants me...but Lord, I can't go back there!

I had a friend that couldn't go back to Illinois... but I suspect it was for other reasons.

 

[Mtsoxfan]

About 5.5 acres, enough for privacy and to play with. Retired so we do a bit of gardening and donate what pasture hay we get to a hooved animal rescue charity.
Wouldn't mind having a bit more but the land prices around us have become nuts, about 40k/acre per assessment, so that's not going to be happening!

Around me, prices run the range of $2k per if you are buying a large tract, 200 acres. Most are about $10k per, and some people are throwing large numbers out there, up to $50k per, I'd imagine looking for a big city, deep pocketed individual who wants a piece of peace...

 

[Mtsoxfan]

We have 13 with a couple of 1 acre ponds, and about 8 or 9 acres of heavily wooded. House & shop sits on about 2 or 3 acres of lawn grade.

View attachment 859833

okay... now that you have 30 or so replies, we're expecting you to post a table with some valuable info.

That is beautiful.
As far as a table, that might be considered some sort of conspiracy/spying/invasive move on my part. LOL...
I just enjoy reading/seeing your properties.