Are you looking to find land real estate company in Murray County, Minnesota? If so, then you should be aware of all the different options available to you in terms of both kinds of land you can acquire and also auctioning options available for buying and selling land. Here, we explore both land types present in Murray County and also the auctioning methods available to you.
Types of Land Available in Murray County
Murray County, Minnesota is home to an array of different land types, from large tracts of agricultural land to wooded recreational properties. Of the total land area in Murray County, around 93% is made up of agricultural land, while 6.3% is wooded and the remaining 0.7% is classified as urban.
Auction Methods for Selling and Purchasing Land in Murray County
The main two auction methods available for selling and purchasing land in Murray County are live auctions and online auctions. Live auctions are the most popular type of auction and are typically done in person, either on the property itself or at an auctioneer’s premises. Online auctions, on the other hand, are conducted via the internet and offer a convenient alternative for those looking to buy or sell land from a distance.
Statistics from Land Auctions
Auctions are an increasingly popular way of selling and buying land in Murray County, with around 46% of all land transactions occurring through some form of auction. According to research conducted in 2018, the average price per acre in Murray County land auctions was around $3,200. This was a slight decrease from the 2017 average of $3,500 but still an attractive figure for those looking to invest in land in the area.
About LandProz Real Estate, LLC.
LandProz Real Estate, LLC. is a full-service real estate company specializing in land properties in and around Murray County, Minnesota. Operating from its headquarters in Slayton, LandProz has in-depth knowledge of both land types and auctioning methods in the area and seeks to help clients find the perfect property to suit their needs. The company also has an experienced team of professionals who can provide advice on a variety of related issues, including inspections, appraisals, and title transfers.
Whether you’re looking for agricultural land, recreational land, or something in between, Murray County in Minnesota has many quality options available to you. For those interested in land auctions, both live and online auctions offer plenty of potential for buyers and sellers in the county. Those looking to make a purchase should be aware of the average per acre prices and also consider the full range of services offered by LandProz Real Estate, LLC for comprehensive guidance on buying and selling land in the area.