* Condition is Key: The "needs some work" part is crucial. A minor repair is very different from a major overhaul. What specific work is needed?
* Year and Model: There were different versions of the 801 Ford tractor. Knowing the specific year and model would help determine its value.
* Location: The market for tractors can vary significantly by location. What's considered a good price in one region might be different in another.
* Overall Condition: Factors like paint, rust, tires, and any missing parts all impact the value.
How to get an accurate estimate:
1. Research: Use online resources like TractorHouse, Machinery Trader, or eBay to see what similar 801 Ford tractors are selling for.
2. Local Dealers: Contact local farm equipment dealers or auction houses in your area. They can provide insights into current market prices for tractors like yours.
3. Appraisals: For a more accurate assessment, consider hiring a professional tractor appraiser. They will inspect your tractor and provide a detailed valuation.
Remember, the final value will depend on a thorough evaluation and comparison to similar tractors.