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A hobby farm (also called a lifestyle block, acreage living, or rural residential) is a smallholding or small farm that is maintained without expectation of being a primary source of income. Some are held simply to bring homeowners closer to nature, to provide recreational land for horses, or as working farms for secondary income.
Farm land can be very large: some farms are more than 100 acres. The agent must be familiar with livestock farms and crop producing farms to determine the market value of the property. [1] Value of the property is determined with the expected return on investment of the farm business. Farm machinery are often included as part of the transaction.
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Finding that a very real need existed for education and basic information about farming for such individuals, BowTie trademarked the term "hobby farm", and launched Hobby Farms magazine in the spring of 2001. In 2004 Hobby Farms editorial office moved from Irvine, California, to Lexington, Kentucky. The magazine helps small producers in the ...
Hammersmith Farm is a shingle-style mansion and estate located at 225 Harrison Avenue in Newport, Rhode Island, United States. It was a childhood home of First Lady Jacqueline Bouvier Kennedy , and the site of the reception for her wedding to U.S. Senator John F. Kennedy in September, 1953.
Wood Old Homestead, also known as Bob Evans Farm, is a farm in Bidwell, Ohio, near the city of Rio Grande, where American restauranteur Bob Evans and his wife Jewell lived for nearly 20 years, raising their six children. The large brick farmhouse was formerly a stagecoach stop and an inn, and now serves as a company museum.
Locust Lawn is a surviving 19th-century farm complex situated on the bank of the Plattekill Creek on New York State Route 32, outside of New Paltz, Ulster County, New York. [ 2 ] The centerpiece of Locust Lawn is the Jeffersonian mansion of Colonel Josiah Hasbrouck which remains without modern heating, plumbing and electrical systems.
A family farm is generally understood to be a farm owned and/or operated by a family. [3] It is sometimes considered to be an estate passed down by inheritance.. Although a recurring conceptual and archetypal distinction is that of a family farm as a smallholding versus corporate farming as large-scale agribusiness, that notion does not accurately describe the realities of farm ownership in ...