WI land leasing for $1600/40 acres

[BigFatKen]

Wisconsin has a Managed Forest Law (MFL) that allows land owners to pay almost nothing for property taxes if you allow hunters, among other users, to use your land. You must sign up for a 25 year contract. If you want out, you must pay the back taxes with interest. You can wait the 25 years and not renew.
This is from WI MFL people.

"Tigerton Lumber Company recently made the decision to remove over 10,000 acres of its property in Waupaca and Shawano Counties from the Managed Forest Law so they can close their lands to public hunting and then lease their lands for hunting at a rate of $1600 per 40 acre tract. In addition to this lease cost, hunters will be required to follow harvest restrictions in an effort to manage for trophy deer. This will impact many, many hunters who have traditionally deer hunted on this land."


I leased out my 80 acres in 1991 and got $400. In 1983 I leased someone else's 20 acres for $80.

I used this law when I lived in WI. It saved me money. I did have to pay a "stumpage fee" when the trees were cut, but was little.

Land simply costs too much now to just let it set. A forty in Iron County, would sell for $8600 in 1990. If it had really good trees, it might bring $9600, rarely more. Now, add a zero at the end.

This is the future. The hunting will be better on this land. 90% of 1.5 year old bucks are now harvested. I'm sure this place will insist on waiting for older bucks and a 30% doe harvest, at least.

ps; Don't shoot the messenger.

 

[ID_shooting]

Part of why I like Idaho. Here, Fish&Game pays money to land owners who open thier land to hunters. Leasing hasn't caught on and every time it comes up, the people are ridiculed into oblivian

 

[NRA4LIFE]

I was up in Price County this spring near Prentice where my dad owns land. A tract across the street for sale was going for $1000 an acre. In 1990 that 80 acres could be bought for probably $15K or less.

 

[asknight]

The standard rate (for sale) around here for forested land has been $500/acre for many years. Within the past 5 years, you see "Land for Sale" signs about every quarter mile... for $2500/acre. It appears that no one is buying at this price (thank goodness). I'm just hoping the urbanites don't decide to come out to suburbia and buy it all up, since $2500 an acre is next to nothing compared to the $200,000 lots (100ftx100ft) they're used to paying in the cities.

 

[BigFatKen]

prices go up and down

In the "roaring '70's", land went from $500/acre or $20,000/40 in Waushara County, WI. in 1975 to $80,000/40 in 1979. People were just buying ANYTHING to keep them from getting killed by 20% inflation.

Then a funny thing happened. Gas rocketed up and it was not cheap to drive to your hunting land for summer trips too. Inflation flatened out. So, land was put on the market and by 1983, a forty there was down to $33,000 with no buyers. Land prices slid down to the value of the trees with a small premium for hunting until about 1995.

The last decade prices have followed the '75-79 trend. There is a nice 80 near me for $208,000. Expect it to sit there.

With CA land prices sliding, expect prices in most places to flatten out or go down.

 

[Parruthead]

Hey Guys

This is pretty much my backyard. Tigerton lumber is in western shawano county. But what i do know is that there are practicing QDM Quality Deer Management in this area what is making for some HUGE bucks. I agree the price of wisconsin land and rocketed, my grandfather bought an 80 for 80 dollars in eagle river in 1930's though the years grandpa sold a 40 and my dad and uncle each were left with roughly 20 acres. My dads modest cabin and land is now valued at over 150,000 with the land being more than half of that.

just my .02cents

 

[NRA4LIFE]

Just another bogey to chew on. I bought 28 acres in NE Missouri in 1993 for $600 an acre. It's now over $3000 per acre. My only regret is not buying A LOT more.

 

[MCgunner]

Lease hunting in Texas is a way of life, has been for since I can remember. Texas is mostly private property. So, welcome to my world, Wisconsin.

I bought 20 acres of land in 1988 just to hunt on the back side of a tract of land that floods with a heavy rain and isn't all weather accessible without ATV or dirt bike. I've even seen years I couldn't get in there with my 4x4 Toyota. I do have dirt bikes, though, and feet and waders. I bought this land because I knew you'd have to be an idiot to wanna build anything back there. It's still undeveloped, more game than ever back there. It's on the fence line of a large ranch. Set up my stand and feeder just the other day. I've taken at least 1 deer all but 2 seasons off this land since I've hunted it. I haven't hunted it in about 4 years, got the itch this season for some reason. There were a couple of slow years. It's just gotten better and better, though. I gave a thousand an acre for it, probably up to about 4K an acre out there now. I'm still hangin' on to it. If it ever starts to get developed, I'll sell and look somewhere else, I reckon. That's the extent I've had to go to, though, just to hunt deer. Leases have gotten just plain ridiculous.

The only hunting on the Texas coast that's cheap is waterfowl and to do some of that, you need a not so cheap boat.:banghead: There is good duck hunting that's public that doesn't require a boat, though. We are quite blessed with waterfowl hunting down here.