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#1925109 - 05/14/10 08:56 PM Re: Lease prices in TN [Re: fourwheeler431]
mossyhorns300
10 Point


Registered: 12/15/04
Posts: 3710
Loc: memphis, tn & savannah, tn

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Ours is about $2.25 an acre for riverbottom land mixed with ag fields, crp fields, and thickets.
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#1925112 - 05/14/10 09:00 PM Re: Lease prices in TN [Re: ]
tickweed
10 Point


Registered: 11/25/09
Posts: 3555
Loc: medon,Tn.

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Here in west Tn., anywhere from 5-10 per acre is average. Duck leases higher. Most Hatchie land closer to 10 per acre.
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#1925120 - 05/14/10 09:12 PM Re: Lease prices in TN [Re: tickweed]
Wes Parrish
16 Point


Registered: 06/12/02
Posts: 16993
Loc: Knoxville-Dover-Union City, TN

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It's all about the law of supply & demand.

I don't expect much change in TN lease prices during the next few years. People are hunting less, and the deer herd continues to expand.

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#1925333 - 05/15/10 06:43 AM Re: Lease prices in TN [Re: Wes Parrish]
pcrc
8 Point


Registered: 10/12/09
Posts: 1120
Loc: Knoxville

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 Originally Posted By: Wes Parrish
It's all about the law of supply & demand.

I don't expect much change in TN lease prices during the next few years. People are hunting less, and the deer herd continues to expand.

Would this not lead to lower prices. If people are hunting less, would that not lead to less demand and more supply? Which in turn would lower prices.

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#1925355 - 05/15/10 07:20 AM Re: Lease prices in TN [Re: tickweed]
RUGER Administrator
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Registered: 11/19/99
Posts: 4097473
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 Originally Posted By: tickweed
Here in west Tn., anywhere from 5-10 per acre is average. Duck leases higher. Most Hatchie land closer to 10 per acre.


Yep, but around here, very local, I have seen it leaning more and more towards the $10 range.
I also believe that is too much money.
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#1925396 - 05/15/10 08:09 AM Re: Lease prices in TN [Re: RUGER]
Bottom Hunter
16 Point


Registered: 12/29/06
Posts: 15494
Loc: Hatchie Bottoms

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I think it depends on what you get for your money....

As an example, I know guys that rent land and pay about $4.00 an acre. This is for the rights to hunt the land, nothing more.

Some clubs are run more like a business. They build roads and maintain them. They provide a place to get dry and put up your feet, even though not all members can show up on the same day and expect a place to sleep, there just isn't enough room....
These clubs are used by the membership in different levels. Some treat the place like a second home while others only come down to hunt and rarely show up during the off season. Some members fish and wheeler ride and really get their dollars worth, while others just (again) show up to hunt.

If you did the math, some clubs may charge members about $20 an acre (number of members times average dues divided by acres), BUT with all the bells and whistles....it's up to the individual hunter to take advantage of what's there....

Again, a fair price for a lease is in what you get and how you use it......there is a big difference in leasing land and joining an existing club.

BH
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#1925399 - 05/15/10 08:11 AM Re: Lease prices in TN [Re: pcrc]
Wes Parrish
16 Point


Registered: 06/12/02
Posts: 16993
Loc: Knoxville-Dover-Union City, TN

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 Originally Posted By: pcrc
 Originally Posted By: Wes Parrish
It's all about the law of supply & demand.

I don't expect much change in TN lease prices during the next few years. People are hunting less, and the deer herd continues to expand.

Would this not lead to lower prices. If people are hunting less, would that not lead to less demand and more supply? Which in turn would lower prices.

In theory, yes. And for many people looking to lease land for the first time, yes.

But here's my take.
If you have a "good" lease, don't expect to see your price go down. But just maybe it won't go up.

Where I see the prices being lower are on those average and below average leases (I'm rating them from an overall perspective). Many of these leases are going to go "unleased", and after experiencing that, many landowners will lower the lease price.

Another thing. If we have inflation of around 3%, and lease prices remain stable overall, then relatively speaking, they've gone down.

At the present momement, there probably has never been as much land available for deer-hunting leasing --- and that's nationwide, not just in TN. Deer herds are expanding; old hunters are dying out with fewer new ones taking up the sport.

Another thing.
TWRA has more public hunting lands with good deer populations today than they had 10 years ago. Same can be said for most "state" and "federal" lands in most states. Note the very favorable comments someone stated above about the quality of their experiences on Royal Blue WMA. Just a few years ago that area had more hunters than deer!

And all that "trophy" hunting in KY (and other states) "awakened" a lot of landowners to the idea of receiving supplemental income by leasing hunting rights on their land. I don't expect those landowners to stop leasing simply because their previous $10 an acre property can now only be leased for $4 an acre.

Some will point out that we no longer have (in TN) the large timber company lands available for public hunting by cheap "permit". If you'll think about it, when they sold "permits", that was in fact a way of their "leasing" hunting rights. They were just leasing too cheaply vs. their liabilities and what the market would bear. The good news is that many of those lands still exist, having simply been converted over to private leases, and they remain among the lowest cost leases in TN (and usually for good reason).

Lastly, yes, many of those big timber company lands have been purchased by people who bought the land for hunting. Well, those "new" landowners just removed themselves from the pool of hunters looking to lease hunting rights. Of course, we have lost a lot of acreage to human "development", no denying that. Just saying the deer herd seems to have expanded faster than the development.

Law of supply & demand. My opinion is "these" are the good ole days of deer hunting in America. And they're going to stay good for at least a few years, at which time it will not be a lack of deer or places to hunt that ruins it, but rather something political, like firearms being made illegal for hunting, or hunting being outlawed totally on state and federal lands. My opinion is often wrong, so just my opinion, but if the current group in Washington were to stay in power until 2016, I'd expect all hunting to be outlawed (before 2016) in places like Big South Fork National Recreation Area, the Cherokee National Forest, LBL, Ft. Campbell, etc. Should this happen, lease prices will skyrocket.

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#1925403 - 05/15/10 08:15 AM Re: Lease prices in TN [Re: Wes Parrish]
Wes Parrish
16 Point


Registered: 06/12/02
Posts: 16993
Loc: Knoxville-Dover-Union City, TN

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 Originally Posted By: Bottom Hunter
Again, a fair price for a lease is in what you get and how you use it......there is a big difference in leasing land and joining an existing club.

VERY TRUE!

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#1925411 - 05/15/10 08:21 AM Re: Lease prices in TN [Re: Wes Parrish]
Beekeeper
Good ol' Boys "Team Buckcreek"
16 Point


Registered: 08/26/09
Posts: 10953
Loc: McMinn Co. Tennessee

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 Originally Posted By: Wes Parrish
 Originally Posted By: Bottom Hunter
Again, a fair price for a lease is in what you get and how you use it......there is a big difference in leasing land and joining an existing club.

VERY TRUE!
Yep.
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#1925426 - 05/15/10 08:35 AM Re: Lease prices in TN [Re: BowGuy84]
BSK
Jerkasourous of the non-typical kind
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Registered: 03/11/99
Posts: 59548
Loc: Nashville, TN

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 Originally Posted By: BowGuy84
In KY's top counties it goes for about 10 an acre.


I've seen it as high as $20/acre for managed land, or land with a history of producing top-end bucks.
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