When buying a property that includes an existing body of water on it, it is important to educate yourself on a few factors before you determine what it's worth. Fish population and aquatic weed growth are two components when determining what a lake is worth. Unfortunately, the first thing some property buyers have to do is spend thousands of dollars to get the lake to the quality that they thought they were purchasing. In my experience as a real estate agent, property sellers usually want a higher dollar amount for their existing lake, but in my experience as a pond and lake manager for Curryville Fisheries, lake owners are often challenged when trying to correctly manage their lakes themselves. Managing a lake for both the proper aesthe...
Posts in category 'Uncategorized'
Topographical Maps
Topographical maps have been used for a very long time. They are strategic in the operations of military advisors, ancient traders, and mining operations. With the vast abundance of mapping programs readily available on the internet, landowners, hunters, and outdoorsman use topographical maps to their advantage. Trophy Properties and Auction Land Specialists and Consultants use topographical maps in buying property, scouting stand locations, and picking a property with topographical features their clients desire.
Anytime a client of mine is interested...
Duck Blind Placement
There is no substitute for being on the 'X' when you're hunting ducks. The spot where the ducks want to be may change year-to-year, and even throughout the season as water levels increase or food availability changes. These factors make it extremely challenging to place a permanent blind in a location that will be consistently productive for the life of the blind.
Considering Purchasing A Property: Don't ignore the trees!
If you are considering purchasing a recreational property, you might be looking for something that will give you a return on your investment. After all, a two or three percent annual return certainly comes in handy when it is time to pay property taxes or put in a food plot place! While tillable land can generate that return, there may be another asset on your future property that you might be overlooking: Timber.
Oftentimes, properties with marketable timber are not properly assessed and they are priced similar to properties that have timber but with...
What's Your Property Worth?
What's my property worth? As you might imagine this is a question that comes up often as a land sales professional. It's a good question and there is no one right answer except to borrow a quote from a real estate veteran, "your property is worth as much as someone will pay for it."
Before you dismiss this as cliche' you need to realize there is an element of truth to it. The value of your property has much more to do with how the public views your property and less about the money you have invested in the property. It can be a harsh reality to learn...
The Waiting List: Patient Buyers Win
As I've grown older and hopefully a little wiser, I don't mind the waiting game. My grandfather used to say, "If you are not willing to wait for something, you don't really need it in the first place." And while that statement might not apply to healthcare, it does apply to many of the material things we seek.
Now, if I want something, I don't mind waiting to get it. I often find myself on the waiting list because I am looking for something specific and that requires waiting until it becomes available. Land is no different.
If you are consideri...
RSS Feed