Factors affecting land prices in the open countryside of Wellington County from 1961–71 are investigated in this study. Land use was the major determinant of price and the significance of location, size and time varied according to land use. Soil had no effect on land prices. These factors were poor predictors of price which suggested that formation of land prices was a complicated process. The fragmentation of rural land into residential parcels from 1966–1969, combined with favourable economic conditions caused dramatic price increases for residential land and smaller increases in farm land and farm prices. The amount of rural land converted to non-farm use was small in comparison to the total farming acreage of the study, but represented approximately 28 percent of the land lost in the County from 1961–71. Dominant land uses, as expressed by the number of properties in the countryside were farms, houses, residential land and farm land
