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Lets discuss.....Deer Habitat Land Prices in your area.
- Thread starter Foggy47
- Start date
westonwhitetail
5 year old buck +
Yeah there are some postings but most are not that desirable. Im not in a position to buy and happy with what I have but like to look and see what’s around. Haven’t seen anything in my area having a good mix of elevation, field, woods, location, etc
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Double Creek
5 year old buck +
I live in a top 10 nationally growing county. All that means is you have to pay Iowa prices for shitty hunting. Should have bought all I could stand 10 yrs ago.
This is a great post. I’m gonna go against the grain a little and say that the prices are high because deer hunting isn’t the highest and best use for that land. If you own land there and want to maximize your deer hunting opportunity, the money play is to cash out and move elsewhere. Easier said than done!
ETA: An interesting exercise would be to try to develop a $/ac profile strictly for hunting land. Appraisal value minus, improvements, development potential, ag income, timber income potential, etc. Must be $3-6k across the whitetails’ range, depending on hunting quality. Honestly, seems like a small span considering the spectrum of hunting quality.
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That was exactly my thinking when I bought land out of state. I have a dream to kill a Boone and Crockett buck on a property I own. That dream isn't for everybody, but it's one I've always had. Who knows; I may never reach that. My chances aren't that good in my home state. Louisiana has only 59 entries in the B&C all-time records. Sure, I could move to a state that produces more of those and increase my odds. But, that would mean moving away from family. It's nice to be able to have your kids see their grandparents every week or so. I could spend close to the same amount, but probably more, near home for land and be satisfied with dismal odds at achieving my dream. Or, I could buy in a state that produces them at a greater rate. I do know one thing. Even if I don't reach that dream, my family and I have had much better hunting experiences in Kentucky vs Louisiana. Those memories alone have been worth it.
Foggy47
5 year old buck +
I bought our land at Deertopia nearly 20 years ago now. This was just prior to the melt-down in the economy in the '08 stock market crash. At that time Potlatch was selling allot of the timber holdings they had around here.
Location of my land played a real big part in my buying decision and a 'dead end" location on a good road played a part. I wanted a piece that was within about 20 minutes of my home and I had not yet bought the land for my new home. But I knew it was going to be the west end of the Whitefish chain or at the Gull lake chain. I found a piece that was good for either location.
Buying this location was a good decision for me.....and I really like the ability to make a short drive to my place to do some "chores" and still be able to spend my day doing other things near home. Now I moved again....and I live just about 8 miles away.
Recently, I see land at higher and higher prices / acre. I bought at $2000 / acre.....which was a somewhat high price to me back then. Now, I doubt a place like mine could be bought for less than $5000 / acre....maybe somewhat more. Not enough nice pieces on the market these days.
I am considering buying a 40 if a nice piece were to come to the market nearby. I've got the right tractor and implements to make needed improvements.....and try to flip it at a gain. Gotta watch more closely.....as not much comes about now that Potlatch is out of the land game here. The nearby lakes area is a wild card here. The lakefront owners are typically somewhat affluent...and seem to pay the prices around here.
Supply / demand / location / desirability are all factors to consider. Get a few miles further to the west or north and prices seem to plummet in a hurry.
Location of my land played a real big part in my buying decision and a 'dead end" location on a good road played a part. I wanted a piece that was within about 20 minutes of my home and I had not yet bought the land for my new home. But I knew it was going to be the west end of the Whitefish chain or at the Gull lake chain. I found a piece that was good for either location.
Buying this location was a good decision for me.....and I really like the ability to make a short drive to my place to do some "chores" and still be able to spend my day doing other things near home. Now I moved again....and I live just about 8 miles away.
Recently, I see land at higher and higher prices / acre. I bought at $2000 / acre.....which was a somewhat high price to me back then. Now, I doubt a place like mine could be bought for less than $5000 / acre....maybe somewhat more. Not enough nice pieces on the market these days.
I am considering buying a 40 if a nice piece were to come to the market nearby. I've got the right tractor and implements to make needed improvements.....and try to flip it at a gain. Gotta watch more closely.....as not much comes about now that Potlatch is out of the land game here. The nearby lakes area is a wild card here. The lakefront owners are typically somewhat affluent...and seem to pay the prices around here.
Supply / demand / location / desirability are all factors to consider. Get a few miles further to the west or north and prices seem to plummet in a hurry.
PatinPA
5 year old buck +
I paid $74K for 12 acres about 7 or 8 years ago. Then had to "rebuy" half of it from my now ex-wife for $65K. There aren't many larger properties around me that go up for sale anymore. Unless they're very remote they're in the 8-10K/acre range just for woodland. Upwards of $15-20K/acre for 10-20 acre plots. Big data center push for flat farmland. The famous farmer lady here in central PA just turned down something like $20 Million for her 150 acre family farm.
Howboutthemdawgs
5 year old buck +
Yall enjoying your property values?? Thank a Chinese national you ungrateful bastards. Don’t be concerned with national security
www.breitbart.com
Trump: Farmers Will 'Lose a Lot of Money' if Chinese Nationals Don't Buy Land, Obama Didn't Do Anything
During an interview aired on Thursday's broadcast of the Fox News Channel's "Hannity," President Donald Trump said that he doesn't love Chinese nationals | Clips
www.breitbart.com
You're definitely in an interesting area with the proximity to whitefish and gull. I know some folks west of PR out toward spider lake with similar type land that would love to believe that they could get that much. I think the hunting improvements you've made also add a lot of value to your land.
Foggy47
5 year old buck +
You're right about the prices. I considered buying that far "out" as the price comes down quite fast. But the time to and from and the proximity to the lakes made my choice easy. Just 10 or 15 minutes west and the land prices start going down. Location, location, location.
North of here very far....and your into wolf country. That hurts values too. Delicate balance these days.
I can only think of how many hunts I could do elsewhere for that amount per acre. Full time hunting elsewhere. I'm not buying anymore even at $6000/acre.
Double Creek
5 year old buck +
There are still some decent deals here and there but you have to look every single day. I’m talking one or two per year. It’s not going to be on land.com or similar. It’s going to be on Zillow and listed by an agent that isn’t a “land specialist “ and doesn’t really know the market. Most of what I see listed is priced significantly above what I’m interested in. I look at land like any investment, I’m really only interested in a deal. My last 2 purchases were both inherited property and they were willing to negotiate.
Howboutthemdawgs
5 year old buck +
I don’t look at land as an investment. I’m glad it is one and generally appreciates, but I look at it as a cost to enjoyment, passion, purpose some days. I buy what I can afford and don’t worry about it always pencilling out in some portfolio performance algorithm. And there’s no arbitrary line in the sand that I won’t cross as a price per acre, the line is with my own purchasing power. If I said my first piece of property was $1700/acre, there’s no way I’m paying more than that…well guess what, I’m stuck with my first piece while the market moves on without me.
Double Creek
5 year old buck +
Investment was probably the wrong word because I also don’t worry about it making money, not overly concerned about appreciation rates. I think asset is the better word. I still want to pay what I think is a good price for it. At some point I do believe I have a fiduciary responsibility to my family to make wise financial decisions.
I definitely don’t mind paying up for the right property that checks all the boxes. Just have not found one within my budget! The looking is as much fun as the buying
My small place was a potential landing spot for us to move to and build a house, but it turned into a place for mom. My other property is 100% investment that was purchased with $$ from another investment property that I sold. We may end up moving there for a few years while we decide what we want to do. She wants the mountains, and I am OK with that, but I really want the saltwater. May have to get both.
I am exactly the same way. I hope I never need the money have to never sell my land. It is in a trust and my kids are free to do with it as they please when I am no linger able to enjoy it. I paid too much for my land when I bought it and wont be buying anymore - not as a retiree on a fixed income.
When I first bought land, I considered some in the mountains. I am glad I didnt. Flat land is easier on old men. But that said - if one of my kids didnt live two hours north and another two hours south - I would live on the LA or TX coast. Year round fishing, crabs, shrimp, some waterfowl. Living near the coast is like owning several million acres - which way do I want to go today and what should I pursue?
roymunson
5 year old buck +
Maybe. But its also a darn good place to have equity for other ventures. And you get to enjoy it for more than 2 weeks out of the year.
The fun I've had watching my kids catch fish, shoot deer, and make hot dogs over a fire are something I'd never get in the quantity I do now in the back country somewhere.
I'm with Swamp and the others. Buy what you can. Plan to leave it to your kids. If they hate it, it'll be a good place for them to get cash from.
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