Heat check…land prices

[hillrunner]

I was in Maine a few years ago . You can buy a beautiful piece of timber with a creek, some internal roads for $1000/1500 acre ?

If it’s more remote . Once you get by the ocean it goes up quite a bit .

What would the wildlife look like on a piece like that?
I'm not shopping, I'm just curious.

 

[Mortenson]

In Wisconsin I have never personally seen prices of land ever go down. When I started looking at land 20 years ago land was around $750 to $1000 a acre. It jumped up quickly in 2 years I paid 1350 acre for my 80. It is now going for $2500-3000 and there is hardly anything for sale. A few years ago when it hit$2000 alot of people seemed to sell. I can't see land dropping in value. It is getting harder to find and the pieces are getting divided up and developed. I wish I would of had to buy hunting or farmland around my home in SE WI. Prices are going crazy. Microsoft is buying farmland up for data centers. They are paying farmers $169,000 a acre! Lot of millionaires being made off land in se WI.

What made the location so special? How big are those chunks going for 169k? Is it just farmland, or shovel ready to build on? Anyone here not a seller at that price?

 

[Howboutthemdawgs]

What made the location so special? How big are those chunks going for 169k? Is it just farmland, or shovel ready to build on? Anyone here not a seller at that price?

Data centers are paying stupid money. My brother in law banks some companies that are put together these deals. Paying FU money to rural land where the power grid has enough capacity. They have essentially outgrown the grid in Virginia and that area and are going out west from there.

 

[H20fwler]

Farm ground 30 or better, rough ground 10-15
Southern part of state woody&hilly 3-10 for hunting ground.

 

[Mortenson]

Data centers are paying stupid money. My brother in law banks some companies that are put together these deals. Paying FU money to rural land where the power grid has enough capacity. They have essentially outgrown the grid in Virginia and that area and are going out west from there.

Yeah I didn't know much about them til now. Internet says average price paid per acre last yr was 244K. Must take a pretty unique spot to make one work.

 

[gjs4]

What would the wildlife look like on a piece like that?
I'm not shopping, I'm just curious.

Maine has game but not like most of the folks on here would be interested in for quality or quantity. You know what else they have there? Idiot leftist ideology in just about any place there are more than 10 people. You also have that with the surrounding country and states. They find each other and wreck anything good. Its rural, somewhat in hospitable land in up north Maine.... but southern ME is less Tucker and more Kennedy (and not the good ones). Being a rural NY guy i will say this....it doesnt take long to go from "a cute grasshopper" to a "locust plague". That mindset will destroy a state and your hopes.

My forever place will not be here where NYC rules the state, or in a college city portion of a red sate (like where my OH dirt is)...it will be where people do their own chit without reliance on others starting with the govnt.

 

[ruskbucks]

What made the location so special? How big are those chunks going for 169k? Is it just farmland, or shovel ready to build on? Anyone here not a seller at that price?

The location is just off the interstate between Chicago and Milwaukee. It is mostly farmland that is being used for large comercial warehouses. The latest farm was 229 acres that went for 39 million. This property is actually 6 miles south of the 1500 acres that Microsoft is building their data centers on. I've been working on this site the last 2 years. The 900 acre pumpkin farm here they paid 75 million for. They call it shovel ready but we moved over a million yards of dirt on the first phase that was only 330 acres.

 

[Howboutthemdawgs]

The location is just off the interstate between Chicago and Milwaukee. It is mostly farmland that is being used for large comercial warehouses. The latest farm was 229 acres that went for 39 million. This property is actually 6 miles south of the 1500 acres that Microsoft is building their data centers on. I've been working on this site the last 2 years. The 900 acre pumpkin farm here they paid 75 million for. They call it shovel ready but we moved over a million yards of dirt on the first phase that was only 330 acres.

Can you tell them about my farm please

 

[Mortenson]

Can you imagine being the farm across the fence that misses out on that kind of sale. You'd think they be negotiating with several properties before committing. Now the development will probably just mess up the neighbors drainage and they'll be even worse off. Hah

 

[ruskbucks]

Can you tell them about my farm please

Lol, will do.

 

[Natty Bumppo]

Is it common for people to try and put together larger recreational properties or is it more common to have small camps and do their hunting on public forest ground?
I'm intrigued by wild area of this country that do not resemble the Midwest where I've spent my life. I've never been to Maine, but I do watch their warden show. LOL

It's really not common for guys to piece together larger recreational chunks of land. Northern Maine has massive tracts of land mostly owned by forest and logging companies. It's almost all open to the public. It is indeed common for people to have small camps and then hunt State land or the logging company land. It's all very sparsely populated. Access to medical care and shopping is very limited. Northern Maine is like going back in time to a bygone era. Life is old there.

What would the wildlife look like on a piece like that?
I'm not shopping, I'm just curious.

Maine is a land of plentiful game. You can easily shoot your daily bag limit of grouse day after day. Moose are everywhere. Great fishing in the remote ponds and lakes.

Deer? That's a different story. Because of the constant logging there is a lot of early successional growth and lots of outstanding deer habitat. But deer densities are typically very low. That's why tracking in Maine is mostly how people hunt. You could sit in a stand for a month and never see a deer walk by. It's just too big...and too few deer. But...your chances of tagging a monster big woods buck are very good if you can track. Hunters typically don't care about antlers in Maine....it's all about the weight of the buck. 200 lbs. dressed is the standard for a trophy. If it happens to have a great set of antlers that's just a bonus.

 

[hillrunner]

It's really not common for guys to piece together larger recreational chunks of land. Northern Maine has massive tracts of land mostly owned by forest and logging companies. It's almost all open to the public. It is indeed common for people to have small camps and then hunt State land or the logging company land. It's all very sparsely populated. Access to medical care and shopping is very limited. Northern Maine is like going back in time to a bygone era. Life is old there.



Maine is a land of plentiful game. You can easily shoot your daily bag limit of grouse day after day. Moose are everywhere. Great fishing in the remote ponds and lakes.

Deer? That's a different story. Because of the constant logging there is a lot of early successional growth and lots of outstanding deer habitat. But deer densities are typically very low. That's why tracking in Maine is mostly how people hunt. You could sit in a stand for a month and never see a deer walk by. It's just too big...and too few deer. But...your chances of tagging a monster big woods buck are very good if you can track. Hunters typically don't care about antlers in Maine....it's all about the weight of the buck. 200 lbs. dressed is the standard for a trophy. If it happens to have a great set of antlers that's just a bonus.

That sounds like a great place . I love remote areas, I don't need a lot of people around me.

 

[SD51555]

I'm surprised those are being built anywhere other than north dakota. There's endless amounts of stable and affordable energy here, and the AC bill is really light September - May.

 

[Natty Bumppo]

That sounds like a great place . I love remote areas, I don't need a lot of people around me.

I'm the same way. I am never less alone than when by myself.

 

[356]

How good of prices are we talking?

I know in the Iron Range of Minnesota land can still be had for $500-1000 per acre. For that price one will get swamp land covered with 20-40 year old “early successional” trees and invasives, limited access and too many mosquitoes to enjoy. Most of the 40-100 acre plots in that price range will have one spot where it would be possible to put a trailer for deer camp & recreation. Lake and river frontage prices have not gone down any that I can tell.

Here is Missouri there are still places in the Ozark’s where recreational land can be had for $1500/acre. In NW Missouri farm land is $10-12K/acre and recreational land is $6K/acre.

 

[Electrodigical]

Upstate NY doesn't have a ton of offerings, nor has, near urban areas or more desirable features/amenities.

Where I hunt, seems like EVERYTHING was for sale for the last 20 years. More like, "If some damn fool wants to offer me too much money, I'll sell."
COVID drove the prices WAY up. All the big acreage, at least on flat ground (defunct farms) all seems to be being bought up and subdivided. Some selling, some not.

In 2017-2018, there was a camp for sale over the hill from me, 10 acres, small cabin (no water, no electric, seasonal road). Listed for $24k, sold for $18k. (About $16k more than I had. That's why I stopped looking at listing, I was torturing myself.)
It would probably be two or three time that now. Realtors are buying them themselves (that and tax auctions) and asking for triple what they paid.

Honestly I can't make any sense of it, a lot of it must be wishful thinking or like I said, if someone's dumb enough to pay it...
When I bought my 22 acres last year, just down the road there was another plot for the same price, for a one or two acre lot.

 

[356]

Data centers are paying stupid money. My brother in law banks some companies that are put together these deals. Paying FU money to rural land where the power grid has enough capacity. They have essentially outgrown the grid in Virginia and that area and are going out west from there.

My son-in-law works is an engineer for a large firm designing power plants for data centers (mostly gas powered!). Each data center has its own municipal size power plant. They are currently building over 30. Our world is changing. We’ve not even started to touch the implications of AI.

 

[Mortenson]

This one just sold for 8K. 82 acres, 24 tillable. House and shed.

 

[Howboutthemdawgs]

The presence of a house always skews my view on land price. So many variables when a house is included.

 

[Mortenson]

True. 3 bed/1 bath tells me it's probably older. I saw a comment that the farm had a lot of motorcycle trails on it too. Whatev that means. Lol