The Land Report

2018.4

The Magazine of the American Landowner is an essential guide for investors, landowners, and those interested in buying or selling land. The award-winning quarterly is known for its annual survey of America's largest landowners, The Land Report 100.

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landreport.com SOURCE: Google Analytics, January 1 – December 1, 2018 DAN ITA D ELI M O NT / AL AMY STO CK PH OTO Colter DeVries Ag Investments Anyone who has talked to me about land values knows my position is very "short." Auctions, regardless of class and region, are the true means of price discovery. This recent sale is a comically unfortunate reality of where land values are going. I'm calling it now. We are in for a massive sell-off and ensuing price collapse. Please share, so in the unlikely event that I am wrong, the masses with a more optimistic "long" position can say, "I told you so!" Ha! Jacob Noah Doesn't seem sustainable right now. We went up, up, up. Had a dip. And now it's rocketing up again. When will we ever learn? When we realize it's not an accident. Matthew A Lane This listing is not a good indicator of "land prices." The article made it clear. The prospective buyer pool for a property such as this is extremely small. This is not a ranch by any stretch of the imagination. It's a rich man's toy with some upward potential available given the ability to build a few more homes. ASPEN'S CIRCLE R RANCH SELLS Originally marketed for $59.5 million in 2014, Colorado's Circle R Ranch went to auction in August and sold with buyer's premium for $14.3 million — a 75 percent discount off its original asking price. Featuring six sepa- rate homes with a combined 22 bedrooms and 20.5 bathrooms, the Woody Creek property was controlled by the families of for- mer Dallas billionaires Charles and Sam Wyly. Steep & Deep A 244-acre ASPEN FAMILY COMPOUND sells at an enormous discount. — Misty Wickizer-Jernigan HIGH COUNTRY Land values in the Aspen market are among the priciest in the US. 44,081 pageviews for our most popular story, 2017 Land Report 100 9,353 pageviews for our most popular financial tool, Cutting Your Taxes With An Agricultural Exemption 5,336 pageviews for our most popular profile, Harrison Ford Crafts a Masterpiece in Wyoming 5,019 pageviews for our most popular developing story, Bill Gates Pays $171 Million for Washington Farmland 20 L ANDREP ORT.COM e LandReport | WINTER 20 18

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