Good recreational property brings good money too. The days are long gone when rough, trashy land (which means most anything not suited to crop) brings rock bottom dollar and by that I mean sub $1K/ac. At one time back in the 80's and early 90's, pretty decent farms here could be found for $300-$800/acre...not that long back. You can still buy decent'ish farm land here for $2500+/ac, I'm not sure it's a very wise purchase at that. Damn hard to pay for land at those prices with sub $10 beans and $3 corn with the prices of inputs and the instability in the grain markets. Rich guys from the cities buying recreational/investment properties drives the prices as much as, if not more, than the ag economy anymore. Those guys are willing to pay big for farms with some income potential. Big farmers are the ag exception as they own a lot of land have more than enough resources to leverage to make a chunk down on it and set the cruise control.
Lol, I'll have my people call your people. We may have to close out one of the petty cash accounts to make it happen.
That price is fantastic for Iowa ground especially. Ground around here in PA goes for well over that price, and it's...well...PA.
Not sure how it got there either! lol. And, for the record, I agree with you completely. Even comparing hunting land is a little pointless. There are lots of "hunting" farms on the market. Some of them will likely never produce a B&C class whitetail. Others will do so on a consistent basis. I have seen good hunting ground bring 6K per acre simply because it was in the neighborhood of "famous" hunting folks. Its all over the board. Thanks for the well wishes! Have a great year.
I seriously wish you'd held out another 10 years or so Fletch LOL! Paying off my mini chunk here but long term plan is land elsewhere (WI/IA/IL/OH) my short list. I have zero doubt it goes for what you're asking...shoot 125 acres of mix used (ag/woods) here would garner more, but my county is asininely expensive.
If everyone who commented chips in we could split this like 20 ways for 25k/person. We could each have a stand on our own 6 acres of Fletch’s prime Iowa ground......I’m down. Who’s with me? Sent from my iPhone using Bowhunting.com Forums
4 guys @ just $125 each I'm in! I'll rent my stand and 6 acres out for $10K a year. I love capitalism.
HA! You better let me help you choose which 6 acres. There is actually just one tree that you really need to own on this property. The magic tree is responsible for a lot of bloodshed. I killed this years buck out of it as I have many others and then went back in there and shot 3 does from the same tree a few mornings later. You are definitely going to want THAT 6 acres.
No kidding, I've never heard of a tree that grows deer fruit, that is freaking AMAZING! I'd keep the farm and just try to start some seed from that tree...you'll be rich within a week! Did it bruise them when they fell out of the tree? I'd be really concerned that a B&C buck may break an antler when he hit the ground.
Its insane how this has taken off by word of mouth from a few friends. My phone has blown up the last couple of days. I did not dream that there would be a fraction of the interest. I had to start a notebook with names and contact information to keep up with who I have been able to get information sent to. I think I have at least a dozen legitimate and serious inquiries going right now and a bunch of others just kicking tires. Guys from several different states and several from right here in Iowa. I'm in no hurry to move on it, so I guess I will just keep answering questions and see how this plays out. I know there are guys coming this week, so we will see.
LOL. It's actually just an old hickory tree that seems to be in a pretty good spot on the end of a dropper ridge that overlooks a couple of drainages. If you rattle or grunt from the top, they cant see what is up there, so most of the time they will come up to check things out. Its just kind of a natural saddle too.
A hickory tree that grows deer in it?! This just keeps getting better and better! I have sooo many questions! good luck on your land man. I hope you don't regret selling it but $500K has a way of making a salt pill slide down easier.