Pike County land prices..........

Dean Parisian

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Do the math and check out what these parcels were sold for on a per acre basis? Truly amazing.

Governor Quinn Announces $2.8 Million to Expand Outdoor Recreation Opportunities

Open Lands Trust to Create Public Hunting Ground in Illinois� Deer Capital


SPRINGFIELD � February 20, 2013. Governor Pat Quinn today announced acquisition of 547 acres of public land in four Illinois counties to boost public access for hunting, fishing, wildlife viewing and outdoor recreation. The $2.8 million in land purchases includes 410 acres in Pike County, a hallowed deer hunting region, and 71 acres in Hackmatack, the nation�s newest National Wildlife Refuge. This acquisition is part of Governor Quinn�s ongoing commitment to expand and preserve Illinois� natural resources and boost the economy.

The properties were acquired through the Illinois Open Lands Trust (OLT), which is funded by Governor Quinn�s Illinois Jobs Now! capital program and allocated for public recreation and conservation purposes.

�Preservation of open space for future generations is a worthy goal, and hunting, fishing and other forms of outdoor recreation generate billions of dollars a year in Illinois,� Governor Quinn said. �Continuing to expand outdoor recreation areas and natural habitats such as Hackmatack are not only good for our economy, but also ensure that Illinois children can enjoy nature and lead a healthy lifestyle. Let�s leave no child inside!��

�Pike County is a tremendous deer hunting destination with virtually no public access. This acquisition will give hunters an opportunity to pursue white-tails in Illinois� deer capital,� said Illinois Department of Natural Resources Director Marc Miller. �There is tremendous demand in Illinois for public access to open space and this purchase helps meet that demand.�

The Pike County property includes extensive timber and upland areas with some tillable Conservation Reserve Program (CRP) and pasture areas well-suited for public hunting programs. The newly acquired property will remain closed to the public while the IDNR continues development of a management plan, submits regulations for hunting and other recreation programs at the site, and installs public access areas.

The Pike County parcel - southwest of Pittsfield - was acquired for the appraised value of $1.8 million. Today�s announcement includes acquisition of three other properties to expand public lands:

Hackmatack National Wildlife Refuge, McHenry County, 71.8 acres ($511,000) - The parcel was acquired to formally establish the Hackmatack National Wildlife Refuge, the first refuge established in northern Illinois. The core areas of Hackmatack National Wildlife Refuge are rich in important natural resources, including rare and diverse natural communities, endangered and threatened species, wetlands, diverse aquatic systems and migratory birds. Eventually, the Hackmatack Refuge will improve or restore 11,000 acres of wetlands, prairie and forest, and will conserve habitat corridors between protected parcels to ensure sustainability of local ecological systems.

Expansion of Lowden-Miller State Forest, Ogle County, 64 acres ($450,000) - A 64-acre tract of land best known locally as the centerpiece of Sinnissippi Forest�s former Christmas tree operation, has been added to Lowden-Miller State Forest. This acquisition will give the public better access to the easternmost portion of this resource which is named for Illinois Governor Frank Lowden, an advocate of reforestation who was responsible for planting a half-million trees.

�Twenty years ago, my late wife Nancy and I took great pleasure in the creation of Lowden-Miller State Forest, knowing that the people of Illinois would now be able to enjoy this magnificent part of the Rock River Valley,� Warren Miller, former owner of the property said. �When we reluctantly closed our Christmas tree operation in 2010, it was my hope that this tract could be added to the State Forest. I am extremely pleased that we�ve finally been able to do so.�

Expansion of Kickapoo State Recreation Area, Vermilion County, 0.94 acres ($25,000) - This parcel of land is located at the entrance to Kickapoo State Recreation Area adjacent to the Rock Cut Botanical Area, an Illinois Natural Areas Inventory site that supports some 40 species of sedge, a state-listed threatened grass-like plant.

Funds used to acquire these properties are through 2009 capital dollars appropriated for the Open Lands Trust Program, administered by the Illinois Department of Natural Resources. Since the program was first authorized in 1998, the OLT has acquired 41,000 acres for public recreation and conservation.
 

Diehard Hunter

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Yep...and everyone wants to be a trophy state!

Now I have to ask, exactly how did they expand hunting opportunities with that small a land purchase?
 

Hunter 257W

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Diehard Hunter said:
Yep...and everyone wants to be a trophy state!

Now I have to ask, exactly how did they expand hunting opportunities with that small a land purchase?

Yeah, I'd prefer for TN to be known as the land of redneck meat hunters who have nothing bigger than forkhorns to shoot at. The price of hunting land is bad enough here. Once you get national attention, land prices go through the roof and locals are out of the picture. The average price of the land in this article is $5,100 per acre. Even hunters who are well above average can't afford much if any property at that price.
 

TheLBLman

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Actually, those prices are NOT a whole lot higher than what prime farm land is going for in Obion County, or anywhere else along the better soil regions of extreme West TN.

Hatchie Bottom farmland prices?
 

BowGuy84

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I'm guessing this isn't farm land,but timbered property. At 5,100 an acre its a steal if it isn't.

My FIL sold about 400 of 50/50 land last year in Indiana for better than 6k an acre.

He leases crop land to local farmers for 5k a year!

Top notch land is bringing high dollars right now.
 

Hunter 257W

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jar said:
Hunter 257 are you serious? You want Tn to be known for small deer so hunting land prices wont increase along with everything else. Things change over time and alot of folks are hoping their property values increase over time, I am one of those people. 100 acres on my road in Rutherford couty just auctioned at $3300 an acre, just rough rocky land. I wish it had gone for much higher.

Obviously high land prices are good if you're selling but not so good for the vast majority of deer hunters who don't own land. Nowadays - well for years actually - if you don�t own the land, it�s almost impossible to get permission to deer hunt somebody else�s property as anybody who has tried knows. Yeah, there is public land � which is what the land in this article is of course but for anybody who wants their own place, it�s getting almost impossible for most hunters. Deer hunting is becoming a rich man's game. Am I the only one who sees that happening? :) If you don't have $500,000 - or maybe even a lot more - then you aren't going to ever be able to own a decent place to hunt. As bad as that is, as soon as a place gets known as a "Big Buck" area the already high land prices get even crazier. As I said earlier, the locals then have to compete with wealthy people from all over who have heard of the big racks. The working class local guy has zero chance against big city doctors.
Of course, I exaggerated about wanting nothing but spikes to make my point but I sure do NOT want Tennessee to get known for big deer. I�d like for us to stay beneath the radar and keep it to ourselves. I would think everybody on this board would want the same if they think about it.
 

Hunter 257W

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Also, I know about the over $10,000 per acre prices that some farm land is bringing too but I think we are getting dangerously close to what happened to the housing market a few years back. You can only pump so much air into a tire before it bursts.
 

Food Plot 101

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$5k an acre ain't a bad deal for good land. It's around $10k per in quite a few areas I know of. Of course, I can't afford to buy it but I've never been shy to go door knocking to hunt. Never paid to hunt a place in my life, I guess I'm just lucky.
 

Bone Collector

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jar said:
Hunter 257 are you serious? You want Tn to be known for small deer so hunting land prices wont increase along with everything else. Things change over time and alot of folks are hoping their property values increase over time, I am one of those people. 100 acres on my road in Rutherford couty just auctioned at $3300 an acre, just rough rocky land. I wish it had gone for much higher.

I paid around $2,900 an acre for mine. It is unimproved and has a lot of rocks though, so I felt it was a good price. I too hope it goes up in the next few years. Then I can sell and get something bigger.
 

Hunter 257W

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Bone Collector said:
jar said:
Hunter 257 are you serious? You want Tn to be known for small deer so hunting land prices wont increase along with everything else. Things change over time and alot of folks are hoping their property values increase over time, I am one of those people. 100 acres on my road in Rutherford couty just auctioned at $3300 an acre, just rough rocky land. I wish it had gone for much higher.

I paid around $2,900 an acre for mine. It is unimproved and has a lot of rocks though, so I felt it was a good price. I too hope it goes up in the next few years. Then I can sell and get something bigger.

But if your land goes up in value, the bigger place you are looking at goes up too. I bought 177 acres and I could care less if it ever goes up because it is not nor will it ever be for sale as long as I'm around. I hope land takes a nosedive so I can possibly buy more joining land someday.
 

Winchester

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While the price they paid isnt really high at all for that area, it will be worth a lot more in 10 yrs if the trend continues, as similar land there just 10 yrs ago was sold for $1500 and acre, and less than 5 yrs ago for $3000 an acre!! Can you say Investment!
 

Hunter 257W

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Winchester said:
While the price they paid isnt really high at all for that area, it will be worth a lot more in 10 yrs if the trend continues, as similar land there just 10 yrs ago was sold for $1500 and acre, and less than 5 yrs ago for $3000 an acre!! Can you say Investment!

No doubt doubling the value in only 5 yrs is a good - no GREAT- investment but you can only realize the gain of land by selling it. I don't see that as a practical thing for a bunch of hunters buying land to pursue their hobby (Hunting) on. If you sell the land you have no place to hunt.
Typically when investing, you invest throughout you working/career and plan to live off that investment during retirement. If your investment is your hunting property, I�d sure dread retirement coming. Being free to be on my land every day is one of the prime benefits I am looking forward to in retirement. Selling my land is not an option � ever.
 

Winchester

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Hunter 257W said:
Winchester said:
While the price they paid isnt really high at all for that area, it will be worth a lot more in 10 yrs if the trend continues, as similar land there just 10 yrs ago was sold for $1500 and acre, and less than 5 yrs ago for $3000 an acre!! Can you say Investment!

No doubt doubling the value in only 5 yrs is a good - no GREAT- investment but you can only realize the gain of land by selling it. I don't see that as a practical thing for a bunch of hunters buying land to pursue their hobby (Hunting) on. If you sell the land you have no place to hunt.
Typically when investing, you invest throughout you working/career and plan to live off that investment during retirement. If your investment is your hunting property, I�d sure dread retirement coming. Being free to be on my land every day is one of the prime benefits I am looking forward to in retirement. Selling my land is not an option � ever.
I agree but things dont always go as planned. The Smart investor will always atleast try to buy land regardless of its use, that will gain in value as fast as possible. This just opens up so many different choices later on, vs buying land that increases very little if any over a few years time. Money is what makes most everything possible, unfortunately!
 

Hunter 257W

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Winchester said:
Hunter 257W said:
Winchester said:
While the price they paid isnt really high at all for that area, it will be worth a lot more in 10 yrs if the trend continues, as similar land there just 10 yrs ago was sold for $1500 and acre, and less than 5 yrs ago for $3000 an acre!! Can you say Investment!

No doubt doubling the value in only 5 yrs is a good - no GREAT- investment but you can only realize the gain of land by selling it. I don't see that as a practical thing for a bunch of hunters buying land to pursue their hobby (Hunting) on. If you sell the land you have no place to hunt.
Typically when investing, you invest throughout you working/career and plan to live off that investment during retirement. If your investment is your hunting property, I�d sure dread retirement coming. Being free to be on my land every day is one of the prime benefits I am looking forward to in retirement. Selling my land is not an option � ever.
I agree but things dont always go as planned. The Smart investor will always atleast try to buy land regardless of its use, that will gain in value as fast as possible. This just opens up so many different choices later on, vs buying land that increases very little if any over a few years time. Money is what makes most everything possible, unfortunately!

True, even if I never plan to sell, it's nice to know it will be worth more than I paid for it someday. My family can benefit from it financially if they so chose once I'm gone. Since I had to buy mine an an auction, I'm pretty sure mine isn't worth what I paid for it at this time. Heck, I know it's not - there wasn' another buyer around other than the one person bidding against me and it was advertised to the max so it will take a while just to reach the value I paid. But like I said, I didn't buy it with selling as an option. :)
 

TLRanger

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I have THREE acres in Southwest Davidson County, TN. that is assesed by the tax assesor at $75,000. I bought the land in 1975 for $1,000 per acre. It is unimproved land, half level and open and half hillside wooded. Guess I should sell it before the price drops.
 

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