When you began looking for land, it is important to understand how land is measured and priced. For instance, if you are looking for a farm for sale in Kentucky, farms would be represented in acres and either be priced by the acre or given as the total asking price. However, if you are looking at New Mexico ranches for sale, the ranched may have size given in acres or sections with the price give in dollars per acre or as the total asking price. For those unfamiliar with the measurement of sections, 1 section = 640 acres or 1 mile X 1 mile.
Kentucky farms may range from a few hundred acres to several hundred acres while ranches in New Mexico may run from several thousand acres to several hundred acres or from several sections to upwards of 100 sections.
For those of you who may be interested in purchasing land in South America or Europe, you will most likely see land size given in number of hectares. 1 hectare=2.47105381 acres.
It is important to understand land measurement and be able to convert between them so that you can compare prices. For example, if land size is given in sections, you will want to convert to acres so that you can easily compare price per acre of other parcels. This will give you the ability to compare properties to ensure that you do not overpay.
