In a published release from Woltz Co, the farm that belonged to the late Don Meredith was auctioned off in six parcels on October 22.
BOTETOURT, VA — (Marketwire) — 10/27/10 — Nearly 540 acres of Botetourt County farmland sold for $1,258,950 Friday, Oct. 22, in an auction that attracted 40 registered bidders.
“We had strong turnout of bidders both locally and from outside the area, and in this case the local bidders prevailed. All of the successful bidders came from within 10 miles,” said Jim Woltz, president of Woltz & Associates, which managed the sale.
The property — known as Meredith Farm — was offered in six tracts, which went to six different bidders. “Bidders were allowed to combine parcels or bid on the entire farm, but in this case most of the interest was in the individual tracts. It appears that the local buyers had a greater appreciation of the value of the property and that they were seeking tracts convenient to their homes,” said Woltz.
The property is approximately 60 percent pasture and 40 percent woodland. It also included a house, barns, farm buildings and silo.