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re: Going price for deer lease is this too high?
Posted on 4/17/15 at 8:14 am to MKB270
Posted on 4/17/15 at 8:14 am to MKB270
quote:
I looked at it on Google Earth today. Was not interested without knowing the price but sure wouldn't pay that!
Definitely a bit steep at $8500/yr for 257 acres with a two bedroom camp. My brother and I would be splitting it so $4250 each isn't terrible. They are cutting the hard woods this summer and will be out before October 1st. When our company had a camp in the marsh we paid $15,000/yr but that was for 3k acres. If they had come back $4500/5000 i probably wouldn't have even questioned it. I know the area 10 miles to the east holds some damn nice deer and you are in the middle of no where which is a plus.
1
Posted on 4/17/15 at 8:42 am to bayoudude
Its a bit on the high side, but if you figure rent on the house/camp, then factor that out, I bet the hunting lease looks better. Figure maybe $300-$400/month rent on the camp and the per acre figure comes down to less than $20/ac which is pretty reasonable.
I rented a similar place last year for more than that with no camp, but it had some fishing and duck hunting and electricity and a water well.
If you like it, can afford it, and its a good fit, rent it. Otherwise don't.
Its a recreational property, if you can pay the price and you enjoy it, the worth of that is subjective.
I rented a similar place last year for more than that with no camp, but it had some fishing and duck hunting and electricity and a water well.
If you like it, can afford it, and its a good fit, rent it. Otherwise don't.
Its a recreational property, if you can pay the price and you enjoy it, the worth of that is subjective.
This post was edited on 4/17/15 at 9:03 am
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