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The Kirkpatrick & Co Blog
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March 24, 2025
Who buys historic homes in Central Kentucky?
Historic homes attract a savvy group of buyers that Kirkpatrick & Co. is well-equipped to serve. Our understanding of what motivates these buyers is essential. Formulating a marketing strategy for your historic property.
What have we learned representing buyers and sellers of historic homes in the Bluegrass? Read on.
Who are historic [...]
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February 21, 2025
Premium $1M+ Home Sales in Lexington, KY 2024
The share of listings valued at over $1 million dollars continues to grow in Lexington-Fayette County, Kentucky. In 2024, 93 residential properties over $1M closed in Fayette County. Despite nationwide trends, most of these buyers opted for conventional loans to aid in their purchases.
As last year, 89% of million [...]
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January 8, 2025
Soil Capital of the World
You’ve often heard Lexington called The Horse Capital of the World. While its undoubtedly true, the horse capital is a result of dirt. The Bluegrass region’s farms boast nationally significant, prime soils. These soils are the foundation for the Bluegrass’s agricultural success.
Helping Kirkpatrick & Co. clients interpret soil data when buying [...]
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December 18, 2024
Cheat Sheet | Interviewing A Farm Broker
In his Investing in Thoroughbreds tome, founder Arnold Kirkpatrick discusses the importance of choosing one’s advisors carefully. Here, he is talking equine advisors like bloodstock agents & trainers, but the principles are the same for real estate:
“Many highly successful business people have taken a terrible beating in the horse business because they were either [...]
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December 2, 2024
Historic Home & Farm Research Q & A
We at Kirkpatrick & Co. take pride in our role as storytellers. We craft a narrative, graciously sharing the story of the property to potential buyers. This process requires tremendous preparation, from capturing photos and video to gathering historic details.
Our expert knowledge & historic home research add great value to [...]
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November 6, 2024
The Kirkpatrick & Co. Marketing Approach
The Kirkpatrick & Co. Approach | Marketing Your Home
Our full-service boutique brokerage is known for our bespoke marketing with just the right touch. We build a specific suite of marketing strategies customized for each property.
You can rest assured your property will be presented efficaciously & graciously– to a well-qualified group [...]
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October 16, 2024
Summer 2024 Farm Market Analysis
FAYETTE COUNTY
On average, an acre of land sold for $27,769 a 21% increase over the summer of 2023. The average per-acre price for farmland nationally is just over $5K (and $4K statewide).
55% of closed properties were cash transactions.
40515 was the most active zip code, followed by 40516 and 40509.
82% of [...]
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September 10, 2024
Preparing Your Farm for Sale
Selling a property successfully requires preparation and attention to detail. We at Kirkpatrick & Co. carefully guide our clients to ensure a desirable presentation. Much is written on improving curb appeal and staging when selling residential properties. (We’ve shared our best advice, too. And also here.)
Here are a few tips [...]
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January 22, 2024
2023 Bluegrass Farm Market Report
Kirkpatrick & Co. is pleased to present our annual report on farm sales in the Bluegrass region. First, we’ll explore the statistics & trends in Lexington-Fayette County before turning our attention to the rest of the region. What was the average price per acre for farmland in Scott County? What [...]
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January 20, 2024