farm-place vs farmstead

farm-place and farmstead both are nouns.

Word	Noun	Adjective	Verb	Adverb
farm-place	Yes	No	No	No
farmstead	Yes	No	No	No

As nouns, farm-place and farmstead are synonyms defined as:

Other synonyms of farm-place include farmplace.

farm-place (noun)	farmstead (noun)
a farm together with its buildings	a farm together with its buildings
	the buildings and adjacent grounds of a farm