Vilas County news. [volume] (Eagle River, Vilas County, Wis.) 1896-1927, 1922-08-23
WHAT MAKES FARM VALUES?

WHAT MAKES FARM VALUES?
Elements that make real estate
Of a community valuable are es-
sentially the same as those that
make the business Of the com
munity worth while. The follow
ing extracts from The Bulletin"
show how necessary community
interest and cooperation Is To the
success Of any town:
Possibly some might question
the statement If we were 20 make
the bald assertion that business IN
the average town Is effected TO a
very marked degree by the real
estate valuation in the town and
community.
But as a matter of fact the Gle
ments that contribute 10 make
real estate valuable are essentially
the same that make business in
general worth while from a fin
ancial point of view.
For instance go out there IN
your own town. regardless Of
where YOU may be located, and
make inquiry concerning the yal-
ne Of land. You will soon find
that the farm located five or ten
miles from town. others things
being equal. can be purchased for
much less money than a similar
farm adjoining the town. But
why9 That Is the question that
the merchants should ask-Why
should an acre Of farm land one
mile from town be- worth more
than a similar acre seven miles
from the same town? One acre
will produce as much wheat. corn.
oats. potatoes or other market
able product as the other But il
should be remembered just here
that distance has something TO
10 with the products marketable
ity-also IL should not be forgot
ten that the town has much 10
do with the problem Of market
ing the product Of the land.
A farmer living In a western
community boosted that he had
saved money on a bin Of clothing
purchased in a city distant from
his home town. This man had
been 20 the city primarily 20 at
tend the funeral of a relative, but
while there on the sad mission he
took advantage Of the opportun-
ity Of saving money an certain
clothing needed To replenish his
wardrobe.
Now Of course. the clothing
merchant in his town would say
that the farmer did not know that
he was saving money because he
was not a critic. he was not a
Judge Of merchandise. But grant
ing that the goods purchased was
of the same brand as that handled
by the local dealer there is still
a question as 10 whether he real
" saved money in the long run
for when he purchased goods in
the city he took business from his
home town and the value Of his
own property. the land owned was
effected. He should know that
the value Of his property depends
upon the value Of other property
in the community; he should con
slider that the value Of not only
his land but the products he has
10 market Is effected by the sue
cess Of the merchant in his town.
In a town in New York a speak
er at a great "get-toEether" meet
ing of the people of the commun-
ity. from the country as well as
from the town. had urged all 10
support home business and home
institutions. He explained the
economies Of community cooper
alton and showed how the church
Is. schools and business were very
largely dependent upon ono an
other. Later some one asked why
he had not informed the people
that they might save money by
selling things they had TO sell
on the home market and then
going 10 some of the larger cities