The value of buying neighbouring land

MANY farmers have heard that the land next door is the cheapest land available, because of the savings made in the convenience of being so close.

The value of buying neighbouring land The value of buying neighbouring land The value of buying neighbouring land The value of buying neighbouring land The value of buying neighbouring land

A neighbouring property can be a good buy - at the right price. Picture Mark Saunders.

But is this true and how can this be worked out?

Land pricing is driven by two factors; firstly, productive capacity, meaning the more it can produce the more people are willing to pay f...