Ideal News and Views

News and Views from a few miles north of Ideal, South Dakota. History, agriculture, politics, hunting, bison, Scot heritage, WW11 B-24 Service, prairie life, cattle, weather, horses, Homesteading, and some photos.

Thursday, April 05, 2007

Pheasants and Peasants: Greed not Need

Land of the Pheasants and peasants too. Yes, the auction of land held last Saturday in Presho was an interesting case of greed not need.

A couple of miles south and one east of the C & W convenience store at Ideal was offered by auction. The 313.9 acres of mostly farming type, a two story house and a few outbuildings that were adjoining along a county graveled road sold for $1475 an acre or a total of $483046. Whoa, before you judge this the going rate for farm ground consider that it was owned by two partners who probably couldn't agree to a buyout of one another. Each probably owned half and so it real cost to the winning bid was valued at half that amount per acre. Additional thought too that the rural water line is installed and sewer lines, elctric lines, trees, water dam and accessibility adds up to the value. Maybe a bird or two of long tales add colour to the purchase.

Another property about30 miles north on the I-90 Presho area was sold. The 931.01 acres was bid in at $1215 per acre of a total sale of $1,131,177.15 The area was not as convenient but was designed for pheasant hunting. Not too easy to find which makes it great for bird and hunter.

"I SHOT A BIRD T'WAS IN THE AIR,
IT FELL TO EARTH I KNEW NOT FAIR
THE FARMER OWNER THOUGHT IT SQUARE
TO---(please complete)

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