Valuable land at the region's edge

Submitted by Marc Lefkowitz  |  Last edited April 7, 2008 - 1:20pm
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Debonne in Madison is the largest vineyard in OhioHas the value of agriculture in Northeast Ohio been overstated? Not the case, says American Farmland Trust, in fact, it's much more valuable as farmland than it would be as housing.

OSU Extension just completed an economic survey of wine country in Lake County and found that land used by residential development in Madison Township requires $1.24 in public services for every $1 those homes paid in taxes. Meanwhile, farm and forest land requires 37 cents in services for every dollar in taxes. Not only that, wineries and vineyards bring $30 million to Lake, Ashtabula and Geauga each year. Read more.