The twice-a-week Twin Falls times. (Twin Falls, Idaho) 1916-1918, 1918-03-12


Land in the Kimberly section still
continues to raise in value. Not es-
pecially upon a speculative basis of
buying and selling. however. but
rather upon a basis of the value of
land for permanent homes and as
money making proposition.
ID. r. Churchill, living on the road
known commonly as Addison Ave
nue., two miles north of Kimberly.
refused. lately, to consider a sale of
his fine eighty acre farm at the
tempting price of four hundred dol
lars per acre Mr. Churchill did not
refuse to sell merely because he was
ambitious to make this section of the
country his permanent home, nor be-
cause he did not want to consider
moving But he felt that his eighty
was worth more than four hundred
dollars per acre to him as an in
vestment and a home Moreover, if
it was worth more to him as an in
vestment, il would of course be
worth more to the buyer.
Kimberly farm land is not an en-
ticing object for the Spectator. The
value isn't based upon the hot air of
real estate boosters, but upon the
substantially of the land as a basis
of paying production To refuse $500
for an acre of land in Kimberly does
not signify that the owner believes
some fool viii come along later who
can be persuaded to pay $3.50 for it.
1t simply means that the owner
knows that he can make good in
terest on that amount of money in
vested in his property by farming
it,
When a tract of country is built
up on a basis of the productiveness
of its farm land, that means that it
will not be liable to a dead" per-
iod Of course land that will pro-
duce a hundred dollars per acre for
grain today may not produce more
than three-fouitls of that amount
next year. And if the value of land
is based upon the value of its pro-
auctions, as it is on the Twin Falls
tract, it will of course fluctuate in
value per acre as the price of its pro-
ducts fluctuates.
Land that is worth four hundred
dollars or more per acre under this
standard may not be worth more than
two hundred in ten years from now.
That is so far as its immediate val
ne is concerned. OF course it must
be taken into consideration that land
has permanent value as well as an
immediate value. This permanent
value is always based upon its pro-
ductiveness And if land is always
more or less accountable for it's
abundant production, it may always
have a high premium value.
In either buying or selling piece
of land these to facts must be
taken into consideration. First,
What it its immediate value to me for
the next couple of years? That is.
if I sell today for four hundred, will
I lose money!" For by farming is
this year I may make more from it
in the long run. even if have to
sell next year at a lower price. The
buyer figures the same way. With
prices insured to be high. perhaps
can afford to pay more for a farm
today than l could next year.
Second We must consider the
permanent value Of the land Let US
figure from past facts the minimum
value of production and the mini
mum average crop ner year. and
ascertain from this how much we
can afford to pay for a piece of land
and feel in some measure assured
that we can make good on it in the
course Of say. ten years. taking in
to consideration the yearly fluctua-
ton of prices on farm products. We
believe these are rules worth con-
sidering