farmstead vs farm-place

farmstead and farm-place both are nouns.

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

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

Other synonyms of farmstead include farmplace.

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