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Hibbard, Benjamin Horace, 1870-1955 / The history of agriculture in Dane County, Wisconsin
(1904)

Chapter VI: Land values,   pp. 192-202 PDF (2.3 MB)


Page 195


HIBBARD-HISTORY OF AGRICULTURE IN DANE COUNTY. 195
  Shall we then conclude that it is a hopeless task to arrive at
credible results in the rise and fall of land values? Not at all
It does, however, appear plain that no one method is without
faults, and therefore that all possible checks and comparisons are
needed, but more than all these, the worth of the results depends
almost entirely on the knowledge, patience, and skill of the one
on whose judgment the elimination, balancing, and computation
depend.
  It seems reasonable that the history of the transfers of a given
piece of land, about which the exact conditions of each transfer
may be known, is much more valuable than an aggregate of sales
where little or nothing is known in detail; and also that the recol-
lections of men who helped to make the history of the times, and
whose business it was, in part at least, to know the selling value
of land, is testimony worthy of careful consideration. It is in
this composite way that the material for the following discussion
was obtained. The elements entering into land values will be
touched upon at the close of the chapter.
   To begin with we will notice the significance of the aggregate
sales and average prices for a series of years as reported by the
register of deeds.90
                    Land seZdes of Dane county.
        Year Ending Sept. 1.
S1415.......... .. .............................
1855..........................................
1865 ..........................................
1875.........................................
1880           ......................
1885 .................
1885 ..........................................
1887........................................
1890..........................................
1895..........................................
19 ..........................
188.        98...............
1899.......................................
       1 M........................... I .
No of
sales.
113
745
338
  46
  258
  198
  206
Acres sold.
  10,921
  61, 894
  24,613
  ., 635
  23,872
Price per
acre.
  6284
  $68
  17 0
  21 80
  20 91
  32 94
32,92       As - -
32,2°8      31 40
9,299      29 00
18,491      31 00
17,677      43 50
1K,333      46 65
181       12,538      45 60
290       21,282      44 30
90For the years before 1885 the figures were made out directly from tne re-
ord books at the office of register of deeds.


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