The Emmett index. [volume] (Emmett, Idaho) 1893-1925, 1909-09-09
WORTH OF EMMETT LAND.

Fasteners are ANA. ed at the pric
of land in Idaho and other North
western states and its steady ad
vance. They fail to understan
why raw land in these states shoul
command prices as high or highe
than highly improved land in Iowa
Illinois, Missouri, Kansas and Ne
braska, and predict that the bottom
will fall out.
Are land prices teo high here? II
the Emmett country. for instance
raw land is selling at from SIS t.
$500 per acre, exclusive Of water
right, and Is continually advancing
1t is predicted that these same lands,
when set to fruit. will in five years
be worth from $1,000 to $500 per
acre. and the claim seems TO be a
logical one. 1t has been the expert
ence Of the Grand valley in Colo
RADIO, Wenatchee and Hood River in
Washington and Oregon and other
fruit sections, none of which have
advantages superior to those of the
Emmett country.
The real worth of land is fixed by
the returns which the owner can
realize from it. Fifty dollar land
that will net its owner 100 per cent
per annum is dear compared to
$500 land that will net 300 per cent.
Therein lies the foundation of the
value Of Emmett fruit land. Two
hundred dollars to $500 net profit
per acre is not an uncommon expert
ence Of fruit growers, and instances
are not rare by any means of returns
of $70o to $1,000 from Emmett fruit
farms. The claim that 10 acre |
fruit farm in this valley will make
the owner an independent living and
nice nest egg besides is being
proven every year right here, ana
the fruit industry is yet in It's crude
state. Backed by the Emmett Fruit
Association in marketing and with
scientific and modern methods of
growing and handling fruit, there is
no reason why these figures should
not be doubled. With this as
basis. is not Emmett land cheap?
Compared with prices in corn grow
ing states, it is.
In recent number of the Iowa
Register and Farmer a writer dis
cusses the questioned the worth of
Iowa land, where the profits of an /.
30 acre farm are no larger than !,
those from an Emmett 10 acre fruit +
farm. He says: t
The claim has been made that y
Iowa land has reached its maxi,
mum value, but this is anything
out logical Many believe $2Ot
will be reasonable price for corn
and in the Hawkeve state before
ong.
Only recently an eighty acr
arm eight miles northeast of De
Moines sold tor 1915 an acre. A
$50 acre farm two miles north o.
Aitchellville sold for $l75 per acre.
Farms in Benton, Tama and
Srundy counties are not only
'alued at $l75 per acre, but several
arms of 100 each and upwards
lave actually sold for $l75 per acre,
n most cases purchaser paying
ash. There is no reason why Iowa
arm land should not reach the
200 mark inside of two years. In
astern and central Illinois great
many farms have sold at 5000 per
ere during the last several months.
occasionally some highly Improved
arm in Iowa sells at 5000 per acre.
ut most OF the farms mentioned
ave been several miles from town,
nd the high value is not caused
y the nearness to the city or in
.rurban railway. 1t has been but
few years since some of the best n,
rms in Polk county sold at $50 he
er acre, while the same farms to- AZ
ay would bring $3.50 per acre, and W
'ould not iemain on the market 60
ing at that price. Land values are h,
DING up everywhere. Land which hi
as considered a drug on the ar
Iarket at S2 and SO per acre in the h.
of Texas ten wears ago
ow sells readily al $25 per acre,
I'D Iowa people are going there in -.
ain loads to buy it at these prices. ,"
and in central South Dakota 70
hich sold at 81 and 80 per acre 10 :"
ears ago, IS selling readily at s25 a,
nd $50 per acre. The prices are u9
i'll going up. II looks reasonable u -,
ist Iowa land will sell for 5000 ~
er acre in very few years. ~ ~
THE MOROCCO WAR 81