Land Prices - down?

[wiscwhip]

:D
I'll have a filet for you at Blink Bonnie's on Sunday or Monday night

YOU ARE A DOGGGGGGGG!!!!

 

[bwoods11]

What do I know, but to me if you could buy land in parts of Northern MN or Northern Wisconsin that has not been logged---for $500 or $600 per acre.... I cannot see how you could not at least make your money back in timber sales over time. The hunting would be just a bonus.

 

[wiscwhip]

Big Arb is probably my favorite lake in that area. Fishing is at least "okay" most of the year, the location is fantastic, much of the shoreline is state owned (i.e. not developed), and its close to town so the women can take off and shop (allllllllllll day).

Trout Lake is fun to fish through the ice, deep jigging for walleye and the incidental lake trout(which you have to throw back). Lac Vieux Desert on the UP border is awesome as well. Walleye and northerns through the ice are unreal some days, and then there is always the chance you will hook into one of those big tiger muskies that are swimming around in that "pond". Try that on a tip-up once! Pulling that line in by hand can be a real hair-raising experience sometimes!

 

[gwm]

What does land typically go for in the SE part of the state?

 

[wiscwhip]

What does land typically go for in the SE part of the state?

My uncle lives in Elkhorn, WI and stuff around him typically sells for between $6,000 to upwards and beyond $10,000 an acre for 50 - 80 acre tracts.

 

[gwm]

My uncle lives in Elkhorn, WI and stuff around him typically sells for between $6,000 to upwards and beyond $10,000 an acre for 50 - 80 acre tracts.

Sorry whip, I should of said SE part of MN.

 

[wiscwhip]

Ah, then typically around $3,000 an acre for 80 sized pieces. Quite variable though depending on if it is steep bluffsides or rich valley farming ground. Some of the better farm land can garner upwards of 5k+ per acre.
That is in and around Houston Co.
Typically lease prices for crop fields is around $200 an acre for income.

 

[West Branch]

In SE MN pure hunting properties - all timber or close to it are listed for 2,700-3,000 per acre from what I have seen. . A lot of them seem to have easements to get to them, like a farmer parceled off the timber to sell as hunting land. With a fair amount of tillable they seem to be 5k-6k.

 

[wiscwhip]

^^^ WB nailed it as well. For "pure" hunting land, be aware of your neighbors with the recent influx of shady outfitters buying and leasing up land in that area. From reports I hear from coworkers, there are a few who do not respect their neighbors boundaries and will have their clients hunt on your side of the fence and then play stupid, whether that person was specifically in the know or not.

 

[Jim Timber]

After reading SD's post on the auditor's report, I wonder if the state legislature will send me a check for 4 years payments if they break they're agreement with me. Bet NOT.

They stop allowing enrollments and let the contracts expire. You'd have a solid case of breach if they just pulled the plug, and then the state would get to pay court costs on top.

 

[MN Slick]

The first and last home I will ever have built, will be on a WI lake/flowage. Three generations of my family grew up on MN lakes and the outdoor sports here. Nothing left here to stay for and I will let my address change be my voice....Love the lakeshore properties (including the taxes) in the great land of WI and with any luck find one with an 80 across the road ;). Going to move my permanent residence over there within the next 5 years....I am also currently being trained on how to be a Packer fan. Haven't pulled the trigger yet but a Rogers jersey may be hanging in my closet in the near future. I must say, it's a new and enjoyable thing being a fan of a winning franchise...kind of nice :D

My dad and his siblings own a place on Balsam Lake in Polk County, WI. Taxes are insane at $12,000/year. Maybe taxes are more reasonable in other parts of Wisconsin?? I will say this though: the local high school is darn near as nice as Eden Prairie or Tonka HS.

 

[wildfire]

My cousin has 80 acres in southern Isanti county, he is asking $3500/acre. The parcel is 30 acres of FARMABLE? 50 acres of poor woods. Area where if its brown its down. Locals shot 1 buck, 1 doe, and 2 fawns. Taxes are $1800, with green acres.:rolleyes:

 

[foggy]

West Branch posted this on Land Valuations for Minnesota. Thought it belonged here. Quite interesting.

http://landeconomics.umn.edu/MLE/landdata/LandValue/RunReport.aspx?RI=1480827

http://www.landeconomics.umn.edu/

 

[Erik Hendricks]

So I just read the first couple pages of this and skipped to here so maybe we're on a different subject and maybe it has already been said so please forgive me if this is the case. MN is hopefully getting crap changed around or at least we've made enough noise to get on the radar for change. So if land prices are down and we possibly might be changing for the better wouldn't now be the time to buy land? Like playing the stock market. The other side is no matter what the DNR does if you're able to buy land and better yet, buy more land connecting to your own land you can manage your deer herd. Neighbors start to see the change and possibly get on board also. This is what happened with our land and neighbors. We only own 80 acres and we were able to start shooting bigger bucks when everyone around us was brown it's down. Now the majority of our neighbors have come on board. Still have a couple more to convince but we'll get there. I think if you're able to buy land now I would do it. You live here so why not have land close that you can enjoy, improve and keep an eye on instead of owning land 7 hours away? Don't get me wrong I LOVE MISSOURI and think they're doing it right and would love to own land there buy not until I have the time to care for and manage it the way I want and to be there enough. Just my two cents.

 

[sandbur]

So I just read the first couple pages of this and skipped to here so maybe we're on a different subject and maybe it has already been said so please forgive me if this is the case. MN is hopefully getting crap changed around or at least we've made enough noise to get on the radar for change. So if land prices are down and we possibly might be changing for the better wouldn't now be the time to buy land? Like playing the stock market. The other side is no matter what the DNR does if you're able to buy land and better yet, buy more land connecting to your own land you can manage your deer herd. Neighbors start to see the change and possibly get on board also. This is what happened with our land and neighbors. We only own 80 acres and we were able to start shooting bigger bucks when everyone around us was brown it's down. Now the majority of our neighbors have come on board. Still have a couple more to convince but we'll get there. I think if you're able to buy land now I would do it. You live here so why not have land close that you can enjoy, improve and keep an eye on instead of owning land 7 hours away? Don't get me wrong I LOVE MISSOURI and think they're doing it right and would love to own land there buy not until I have the time to care for and manage it the way I want and to be there enough. Just my two cents.

I just noticed that 200 acres is for sale about 2-3 miles west of you. Looks like good deer country and it has living quarters. Heck, we both know it is good deer country as far as numbers of deer.

 

[wklman]

I'm not sure if now is the best time or not to be getting land. With the economy still in freefall and our national debt skyrocketing I believe we're in for a major hurt in the near future.

 

[Satchmo]

I'm not sure if now is the best time or not to be getting land. With the economy still in freefall and our national debt skyrocketing I believe we're in for a major hurt in the near future.

That would suck if your selling, but if land prices go in the tank, maybe we can all pick up some more CHEAP!!!

 

[Erik Hendricks]

I just noticed that 200 acres is for sale about 2-3 miles west of you. Looks like good deer country and it has living quarters. Heck, we both know it is good deer country as far as numbers of deer.

Numbers around my house aren't too bad. I hope the numbers keep climbing. Even though I do not hunt deer in that area at all it's still nice to have them. I still do my part on our 4 acres mainly because I'm not a fan of mowing that much lawn so I have a food plot and planted apple trees. It let's me walk out my back door and feed my plotting addiction.

 

[sandbur]

Numbers around my house aren't too bad. I hope the numbers keep climbing. Even though I do not hunt deer in that area at all it's still nice to have them. I still do my part on our 4 acres mainly because I'm not a fan of mowing that much lawn so I have a food plot and planted apple trees. It let's me walk out my back door and feed my plotting addiction.

Hunters choice will cut back on numbers this year- my prediction.

 

[kl9]

My dad and his siblings own a place on Balsam Lake in Polk County, WI. Taxes are insane at $12,000/year. Maybe taxes are more reasonable in other parts of Wisconsin?? I will say this though: the local high school is darn near as nice as Eden Prairie or Tonka HS.

How much land?? No gov't programs? Something has to be up there because that is really high taxes.