Monday, September 24, 2007

auction

I went to an auction with my dad and some friends of ours this evening. It was only the second or third auction I've ever been to, but it differed because this was a land auction.
They auctioned off about 520 acres of farmland in about 3 hours. At times it got pretty intense and confusing because there were 8 pieces of land that could be combined or split up however the bidders wanted. If you've never been to one, it is a pretty neat experience. Plus, hearing an auctioneer really get into it is a pretty cool thing.
The total property sold for a little over 1.5 million. The most expensive farm ground (which my Dad and the other farmers who were with us said was not great land) went for nearly $3500 an acre. The cheapest was around $2100.
There is no moral to this story, sorry if it bores you. I enjoyed myself, though. Auctions are pretty exciting and can really get you excited even if you aren't bidding.
There is another auction tomorrow with 36 individual parcels of land...I don't think I could handle that, 8 seemed confusing enough.

-joe

2 comments:

Nigel said...

You're living on the wild side.

Amy said...

i was waiting the whole time for a point to this story...*disappointed* help a sister out, dude.