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-   -   Land prices: it finally happened (https://www.huntingnet.com/forum/midwest/186869-land-prices-finally-happened.html)

NJheadhunter71 04-06-2007 09:12 PM

RE: Land prices: it finally happened
 
I am from NJ and I hear allot about local guys from my areadoing group buysand leasing in Ohio and Illinois. I think allot of your competition comes from the east and outfitters in general. Its sad that it has gotten to this point but backeast were used to it.I just bid on a piece in the country area of NJ (yes thereis still farmland left in NJ) 6acreswith a 1 acre building lot for 250K and its not really rural.I also think that more people from the east aremoving to your areas and that is driving the prices up when they sell there shoe box house out here for 400kgo midwest with cash in hand.

in da woods 04-06-2007 09:27 PM

RE: Land prices: it finally happened
 
That's reasonable compared 2 what is going on up here in my neck of the woods. The avg. $ is hovering $10-15K/acre. Land is being bought up by the good folks w/the big incomes in the state down south of us.2 them, it is a good deal compared2 what they pay. I called earlier this yr. on a 35 acre vacant parcel. Nothing fancy, no creeks, mature woods or any of that. Mainly swamp & scrub. asking price: $390K. Can u belive that?!!![:@] I choked when I heard the $. If I win the lottery, then maybe I can afford some small pc. of land.

Redneck Bill 04-08-2007 06:59 AM

RE: Land prices: it finally happened
 
Twelve years ago,when I was making my retirement plans,I bought 53 acres of timber for $550.00 an acre.Two years ago an adjoining 44 acres went up for sale and I jumped on it for $1900.00 an acre.I consider both purchases the best investment I have ever made.The price will only keep rising and It gives me my own private place to hunt and I have started to make money with it by select cutting some of the timber.If anyone has the money for an inital investment,you will never lose by buying land.

Bill


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