Real Estate Auction
An acre is a typical land measure used by buyers and sellers to understand the size of a lot. Similar to how square footage is used by homebuyers to determine the size of a house, the acreage gives buyers a better idea of the size of the property, which is easier than using lot measurements, which can vary and are often not symmetrical.
The origin of the word "acre" comes from the Old English - acer, which refers to the amount of land that a yoke of oxen could plow in a day, but it is of Germanic origin; Acker for 'field'.
Nowadays, most of us have no idea how much land can be plowed by a team of oxen, and indeed, today the measurement is quite a bit more accurate! The official acre size is 43,560 square feet.
So, exactly how big is an acre?
4,045 square meters
4,840 square yards
43,560 square feet
0.404686 hectares
0.0015625 square miles
A easy way for the average person to understand an acre is that it is the equivalent of three-quarters of a full-length football field, or 16 tennis courts spread out over a four-by-four square.
However, when looking at large tracts of land, it can still be difficult to pinpoint a single acre within tens or hundreds of square miles of land. To give you an idea of what this means in real estate, here are some examples of acreage:
Wrigley Field in Chicago
The baseball diamond plus the home field of the World Series Champs (how about the Cubbies!) measures 2 acres.
The White House in Washington, DC
The home and grounds of () the most powerful man in the world measures 8 acres. If you've ever seen the White House in the context of the rest of Washington, DC, those 8 acres look small.
Michigan's Upper Peninsula
The UP is an awfully large area to measure in acres (it's 16,377 square miles), but in case you've ever wondered, it covers an area of under 10.5 million acres.
From now on, many people ask another question: "How much is an acre worth?"
Of course, the answer is much more varied than measuring per acre. In rural areas of Michigan, unimproved land (raw land, no buildings, no well or septic, etc.) can be found for $2,000/acre or less, depending on the type of land (recreational, cropland, forest, etc.). ), as well as tract size, and it will go up from there. Specialty land – such as waterfront land or zoned land in the city – will often be much more
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