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Hobby Farms, MN Real Estate and Homes for Sale

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Hobby Farms for sale

In the U.S., a high proportion of farms might be classed as hobby farms. In 2007, over 40% of farms reported less than $2500 in income and over 10% of farms had less than 10 acres (4.0 hectares) of land. Over 50% of primary farm operators reported that their main income was a job outside of their farm; although, this figure includes some farm operators who do not personally participate in farming and some quite large and productive farms.

MN HOMES CONTRACT FOR DEED

In the US, as farms grow in size, older farms become less economically viable. Some are purchased and most of the land combined with larger nearby farms, however the large farm has little use for the buildings. These can be sold off with only a building lot of real estate, but are much more sale able if a modest area, 5 to 15 acres is sold along with them. These are usually snapped up quickly by people with well-paying city jobs who wish to live in the country, or to retirees, who wish to be active as part-time farmers

Minnesota Hobby Farms Contract for deed