1. What is Price Per Acre?

Price per acre is a standard measurement used in real estate and agriculture to compare the value of land parcels of different sizes. It represents the cost for each acre of land when the total price is divided by the total acreage.

2. How Does the Calculator Work?

The calculator uses the simple formula:

Where:

• Total price — The complete purchase price or value of the land parcel
• Acres — The total area of the land parcel in acres

Explanation: This calculation normalizes land prices to a per-acre basis, allowing for direct comparison between properties of different sizes.

3. Importance of Price Per Acre Calculation

Details: Calculating price per acre is essential for real estate investors, farmers, and land developers to assess fair market value, compare different properties, and make informed purchasing decisions.

4. Using the Calculator

Tips: Enter the total price in dollars and the total acreage in acres. Both values must be positive numbers (acreage must be greater than zero).

5. Frequently Asked Questions (FAQ)

Q1: Why calculate price per acre instead of just using total price?
A: Price per acre allows for standardized comparison between properties of different sizes, helping identify better value opportunities.

Q2: What's a typical price per acre for farmland?
A: Prices vary widely by location, soil quality, and improvements, ranging from $1,000 to $15,000+ per acre in different regions.

Q3: Should I include buildings in the price per acre calculation?
A: This depends on your purpose. For raw land value comparisons, exclude building values. For total property value, include all improvements.

Q4: How does price per acre vary by location?
A: Urban areas command much higher prices per acre than rural areas. Location is the primary driver of land value differences.

Q5: Is price per acre useful for small residential lots?
A: While still calculable, price per square foot is often more meaningful for small residential properties than price per acre.