I know this area and with run-ins you could probably use very minimal hay 6-8 months a year. 32 acres is plenty of land to keep 10 horses on pasture here and maybe have some left over for hay field.
FWIW, I have 30 acres with 6 horses here. I have about 6 acres fenced and I’m currently using maybe 2 bales a day and that’s because I don’t have shelter s and bring them in during the day.
Agreed! Our property is 9 acres with approximately 6 acres in pasture and we have enough grass (24/7 turnout) from June until mid-September that we don’t have to feed hay during those months.
Update time!
The appraiser valued the properties even LOWER than we had anticipated. While this is kind of good news, it is significantly lower than the landlord had in mind. Like a few hundred thousand dollars lower.
Second appraiser coming out hopefully soon, we’ll see how close he is to the first one!
A friend of mine had a $25,000 outdoor arena on her farm. When she listed her farm for sale and it was appraised the outdoor arena was basically appraised as “field”
The small indoor arena on my farm was put up by the sellers in 2002. They lost A LOT of money on it when they sold. On the flip side, we could never have afforded to put one up ourselves.
It’s a big reasons while horse property sellers have their properties listed for months at unreasonable prices. Many large facilities have to be bought using high interest loans do to the appraisal prices, and many horse people don’t have the credit for that (or can’t afford the payments).
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