Our team held another successful property auction for the Myers homestead. The sale of the house broke an area sales high record, with the price per acre coming in at over $15,000/acre!
Over 100 bidders and spectators were in attendance as we auctioned off the home and land, which included:
Tract 1: Real Estate Features 3 Bedroom 2 bath Ranch with Full Basement, 30 x 52 Pole Barn Situated on 9.9 Acres± with 4.5 Acres of Woods.
- Maple Hardwood Floors throughout 2 rooms
- Ceramic Tile in Bathrooms & Laundry Area
- Cherry Cabinets
- Many more wonderful features throughout!
Tract 2: 24.84 Acres of Tillable Ground with Road Frontage on 1000 S & 500 E.
Tract 3: Home & 34 Acres±
As the Myers auction demonstrates, there are many benefits of selling property at auction vs. an MLS listing. At an auction the dates are fixed, eliminating the exhausting process of showing the property over and over waiting for an offer to come in. Auctions are a quick way to liquidate your property, and in some cases results in a bidding war. The excitement that surrounds an auction can cause bidders to drive the price up much higher than you would have received in negotiations over an MLS listing.