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South Dakota’s rural real estate market is booming

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South Dakota’s rural real estate market is booming


SIOUX FALLS, S.D. (KELO) — The actual property market in South Dakota’s largest cities has exploded over the previous two years with a greater than 20 p.c enhance in costs since final yr.  Stock stays extremely low which has homes promoting quick, typically with dozens of gives.  

Whereas the competitors is the very best in Sioux Falls and Speedy Metropolis, the agricultural actual property market can also be altering.

“It simply looks as if nowadays it doesn’t actually matter the place it’s, properties values are growing they usually’re promoting and other people need to transfer they usually like to maneuver to South Dakota,” Fischer Rounds Actual Property Dealer Micah Volmer stated. 

Small farming communities of only a few hundred individuals are scattered all throughout South Dakota, properties that traditionally had bother discovering a purchaser.

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“Traditionally patrons had a variety of the negotiating energy in that market too, now it’s fully totally different,” Precedence Actual Property & Growth Dealer/proprietor Christa Helma stated. 

“We had a number of gives inside per week of itemizing,” Volmer stated of a current itemizing in Kimball.

That was unprecedented simply two years in the past for listings in rural South Dakota, however Fischer Rounds Dealer, Micah Volmer, says her rural listings close to Pierre and Mitchell are actually seeing way more competitors.

“They’re undoubtedly promoting quite a bit faster than they used to,” Volmer stated. 

For instance, this starter dwelling in Alexandria, a neighborhood of simply 800 folks, offered for $115,000 final yr after sitting 97 days in the marketplace.

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“It relisted only in the near past at $185,000 and after 5 days in the marketplace, it’s already sale pending,” Volmer stated.

That price ticket is an enormous change for rural South Dakota the place patrons used to have the ability to discover loads of housing choices between $50,000 and $100,000, even simply two years in the past.

“Undoubtedly when covid hit, it actually modified for our rural areas, lots of people wished to get away from larger cities,” Helma stated. “Lots of people can earn a living from home now.”

“Lots of people are in a position to transfer wherever within the nation and nonetheless proceed to do their work. That’s what we’re seeing,” Volmer stated. “Lots of people who’re in a position to earn a living from home are in a position to transfer into these smaller communities.” 

The elevated competitors from extra out-of-state patrons has brought about normally regular rural housing costs to see a 20 to 25 p.c enhance in only one yr.

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“Common costs was once $80,000 to $90,000 now you’re taking a look at a mean sale value of $130,000 in these rural communities,” Volmer stated. 

“There’s a variety of speak on the market on the way it’s exhausting for extra of the native folks to afford these locations due to the market competitors,” Helma stated. 

Land costs are additionally up almost 25 p.c, not only for agriculture, but additionally with extra folks seeking to construct in these rural communities.

Whereas rural actual property dwelling costs are rising, Precedence Actual Property says you possibly can nonetheless get extra worth on your cash in communities roughly 40 miles or extra exterior of Sioux Falls.

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South Dakota

Videos: Gundy, Players Recap Win against South Dakota State

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Videos: Gundy, Players Recap Win against South Dakota State


STILLWATER — The Oklahoma State football team beat South Dakota State 44-20 on Saturday to start the season 1-0. After the game, Mike Gundy, Ollie Gordon, Alan Bowman, De’Zhaun Stribling, Collin Oliver, Korie Black and Trey Rucker met with reporters to recap the game.

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South Dakota State vs. No. 17 Oklahoma State live stream (8/31/24): Watch college football, Week 1 online

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South Dakota State vs. No. 17 Oklahoma State live stream (8/31/24): Watch college football, Week 1 online


The South Dakota State Jackrabbits face the No. 17 Oklahoma State Cowboys on Saturday, Aug. 31, 2024 (8/31/24) at Boone Pickens Stadium in Stillwater, Oklahoma.

Fans can watch the game with a subscription to ESPN+.

Here’s what you need to know:

What: NCAA Football, Week 1

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Who: South Dakota State vs. Oklahoma State

When: Saturday, Aug. 31, 2024 (8/31/24)

Where: Boone Pickens Stadium

Time: 2 p.m. ET

TV: N/A

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Channel finder: Verizon Fios, AT&T U-verse, Comcast Xfinity, Spectrum/Charter, Optimum/Altice,Cox,DIRECTV, Dish, Hulu, fuboTV, Sling.

Live stream: ESPN+

***

Here’s a college football story from the Associated Press:

Y’all ain’t played nobody!

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It might as well be college football’s slogan. Debates about strength of schedule are part of the fabric of the sport, like marching bands, cheerleaders and tailgating.

With the size of the College Football Playoff tripling in size from four teams to 12 this season — including seven at-large bids — expect the arguments over the relative difficulty of teams’ schedules to increase exponentially.

The posturing and politicking has already begun.

“This is the NFL of college football in my mind,” Nebraska coach Matt Rhule said during Big Ten media days. At Southeastern Conference media days, the NFL was also invoked when the topic steered to schedules.

“As coaches we want to play the best. People forget that when you’ve spent time in the NFL, every week was like that,” Georgia coach Kirby Smart said. “So when Texas and Oklahoma came into the conference, every schedule was going to get harder.”

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The debates aren’t just about which conferences are the best. With super-sized conferences of 16-18 teams, the differences in strength of schedule within leagues can be significant.

The CFP selection committee uses a strength-of-schedule rating provided by SportSource Analytics that includes components such as wins and losses, scoring differential and game location.

Balancing who you played with how you played will be harder than ever.

“There’s a weight on the committee that’s new. I want to see how the committee processes that,” SEC Commissioner Greg Sankey said during spring meetings. “And my encouragement is that this, ‘Well, we have an undefeated team so they’re in’ is not the standard. It never was the standard. Obviously, that stirred up controversy last year.”

Toughest schedules in the Power Four

There are dozens of data-based rating systems to measure the relative strength of college football teams, and all have some type of schedule-rating component.

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The AP took three systems — ESPN’s SP+, FEI and KFord Ratings — and averaged their strength of schedule rankings for all 134 Bowl Subdivision teams to determine where each Power Four team’s schedule ranks nationally (all games, not just conference games, are factored in).

Using those projections, SEC teams on average will be facing the toughest schedules this season.

The average strength-of-schedule ranking among the 16 SEC teams is 11.2, from Florida (a unanimous No. 1 among all three systems) to Missouri at 36.7.

Half the teams in the SEC have schedules with an average national ranking of 10 or better, including No. 1 Georgia at 3.7. No. 11 Missouri is the only SEC team with an average schedule-strength ranking below 25.3.

Rating the rest

The Big Ten, now including Southern California, UCLA, Oregon and Washington, is next with an average strength-of-schedule ranking of 26.9 among its 18 teams.

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Purdue’s 7.7 average ranking is the highest followed by No. 23 USC at 9. Big Ten favorite No. 2 Ohio State’s average is 34. No. 3 Oregon’s is 26.7.

The ACC and Big 12 are about the same. The 17-team ACC has an average strength of schedule ranking of 49.9. The 16-team Big 12′s average ranking is 47.3.

Assessing strength of schedule

Straight up rankings can be deceiving. How to quantify the difference between facing the sixth-ranked schedule and 26th?

Brian Fremeau, the creator of FEI, does it three ways, asking three questions: How many games would an elite team lose facing a particular schedule? How many would a good team lose? How many would an average team lose?

AP used FEI’s strength of schedule ratings based on good teams in its composite rankings, since good teams are going to be the ones in the CFP race.

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Based on FEI projections, the difference between playing Georgia’s schedule (rated 3.4 among the hardest in the nation) and Ohio State (34) is about one more loss for a good team against the Bulldogs’ slate. The difference between Alabama’s schedule and Big 12 favorite Utah’s is about two losses for a good team against the Tide’s.

If these schedule strength projections held — they will change throughout the season — it would then be reasonable to compare an 11-1 Utah to a 9-3 Alabama.

Reasonable to compare doesn’t necessarily mean the one with the tougher schedule should automatically be ranked higher.

“I don’t judge a team on its schedule. I judge a team on how it performs against a schedule, or my system does. And that is a little more of a nuanced take then, ‘Well, we played a tougher set of opponents than you did, therefore, we’re better,’” Fremeau said. “There’s a bit of a balancing act between the two.”

Intraconference debates

The SEC and Big Ten are both bigger and division-less for the first time. That necessitated new tiebreaker procedures to determine which teams qualify for conference title games featuring the top two teams in the standings.

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Within the guidelines is an acknowledgment that the rigor of conference schedules will vary when teams are playing barely half the league. After head-to-head and record vs. common opponents are used to break ties, both leagues go to results that favor the team that fared better against the better conference opponents they play.

The ACC, a year ahead of the the SEC and Big Ten in abandoning divisions, has a similar nod within its tiebreakers to strength of schedule.

ACC Associate Commissioner Michael Strickland said the conference used 10 years of data that measures the success of its football teams to help create a new schedule rotation that would be competitively balanced. But the ACC also to had weigh travel now that Stanford, California and SMU are members, as well as protecting some traditional annual rivalries.

The ACC’s fourth two-team tiebreaker is combined winning percentage of conference opponents.

“Our head football coaches suggested that we insert that during our review process,” Strickland said.

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The CFP choices

The CFP field announced Dec. 8 will be comprised of the five highest-ranked conference champions, regardless of league, and seven at-large selections. There is no limit to the number of at-large bids a conference can receive.

The most interesting comparisons for the CFP selection committee might end up being between the many conference rivals that do not play each other in the regular season.

What to do with a 10-2 Missouri and a 9-3 Alabama (composite strength-of-schedule ranking, 9.3)? Or Iowa (37) at 10-2 and Michigan (16) at 9-3? Over in the ACC, what would happen while assessing a 10-2 Virginia Tech (68) and a 9-3 Florida State (30.3)?

“Especially when we’re picking (seven) teams now, we’re looking at the loss column with a bit more scrutiny,” Fremeau said. “They’re going to be debating teams like that with a one or possibly two-game difference in record, but a comparable difference in expected schedule rating and they’re going to have that debate about which one they value more.”

(The Associated Press contributed to this report)

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Obituary for Corry Francis Baragar at Kirk Funeral Home & Cremation Services

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Obituary for Corry Francis Baragar at Kirk Funeral Home & Cremation Services


Corry Baragar, age 51, passed away unexpectedly on August 26, 2024, in Rapid City, South Dakota. He was a beloved husband, father, papa, brother, uncle, nephew, and friend who will be deeply missed by all who knew him. Corry was born on May 15, 1973, in Casper, Wyoming. In 1974,



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