Just kicking the tires here - but I've decided it's time to start looking at land. Prices in this area (southeast MN/southwest WI) are around $3200-4000 an acre, depending on the seller and the land. Northeast Iowa seems a LITTLE cheaper (not by much if at all) but I don't want to hunt every 3 years if I'm paying that kind of money. I'm curious if people think 40 acres is enough for hunting? I'm in no hurry (this is more of long range planning) and if I can find the right deal on something for an 80 I would obviously rather do that but at the top end we're talking $300 grand which just to hunt deer does seem ridiculous.
At this point I'm not sure how much of an investment it is anymore, does anyone see land going up more than $4k an acre? I just don't see it...it would be more of a recreational thing than an investment thing at this point. Which is fine.
The thought of owning land and being able to work it the way I want is actually more appealing than being able to hunt deer on it. I realize I could lease, but there's something very appealing about owning the land myself. I do not want to go partners with anyone other than my parents and they can't afford it...partners I've got to believe would just lead to giant problems. I just don't know if 40 acres even in this prime habitat is enough land? Discuss.
At this point I'm not sure how much of an investment it is anymore, does anyone see land going up more than $4k an acre? I just don't see it...it would be more of a recreational thing than an investment thing at this point. Which is fine.
The thought of owning land and being able to work it the way I want is actually more appealing than being able to hunt deer on it. I realize I could lease, but there's something very appealing about owning the land myself. I do not want to go partners with anyone other than my parents and they can't afford it...partners I've got to believe would just lead to giant problems. I just don't know if 40 acres even in this prime habitat is enough land? Discuss.