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Does hunting potential add to property value

1,458 Views | 10 Replies | Last: 1 mo ago by montanagriz
Dochagerman
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Long time lurker, first time poster. I'm considering selling my house and wonder if the fact that the property (45 acres) has significant hunting potential add any value. I'm not a hunter. I know the approximate value of the home and local land value. Does the fact that the property is adjacent to a sought after whitetail bow hunting area add any value? Thanks for your insight.
BirdDogit
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Hi there! I would love to connect you with one of our land consultants who would be able to answer your questions.

Can you send an email to Austin Ingram, austin.ingram@birddogit.com

Thank you for reaching out!
SteveBott
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AG
My uneducated guess is not much. 45 acres only allows safely for one hunter at a time. Unless east Texas which would mean 10+ hunters year round. Kidding…sort of.

And you can take almost any land and make it friendly to what you're hunting.

My guess the new owner would set up for himself and maybe close family. Safe hunting really depends on the topography of the land, what natural resources it has and location.
Dochagerman
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Thank you for the info. The property is in a bow hunting only county and adjacent Hagerman Wildlfe Refuge if that makes any difference.
SteveBott
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AG
Looks like a short trip from the Dallas metro. Your buyer could well be looking for weekend getaway type property. You can put a lot of bow hunters on 45 acres. But the more you try to commercialize the more liability it can be. And the hassle factor of folks tromping around as well.

I'd talk to a local realtor but I think land and improvements is the target price.
CS78
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Dochagerman said:

and adjacent Hagerman Wildlfe Refuge if that makes any difference.


Yes, definitely to the right buyer. The fact that it has a house on it, might make it harder to find that right buyer. Might consider selling the house and 2-3 acres separately.
Yesterday
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AG
It certainly won't hurt. Set up a feeder and a game camera. Get a picture of a couple of bucks in velvet (they always look bigger) and add that to your listing.
Dochagerman
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Yesterday it's funny that you bring that point up. Though I don't hunt I like to build things so I have built a couple of feeder pens. I have let a few friends bow hunt through the years. I think deer hunters are an interesting lot. They get all fired up in late summer and get their feeder and game cams set up. They send me pictures and videos of what they say are good bucks. When hunting season opens they get busy with work and kids activities and rarely hunt. I think they have more fun getting ready for the hunt than actually hunting!
SteveBott
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AG
Lot of truth to that. As older I get the more the process and companionship matter than the actual killing.
one MEEN Ag
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AG
Generally hunters looking to buy land know the minimum acreage required to hunt and to turn into an ag exemption. At 45 acres, the freedom of hunting and exemptions are already baked into the price. At some point thats realistically a majority of the value drivers.

Your value drivers of rural land really are:
-mineral rights
-water access
-farming capabilities
-hunting capabilities
-ag exemption
-distance from major markets
-quality of parcel
-peace and quiet
-distance from neighbors sightlines and neighbor risk if they industrialize the land.

I don't think you're going to get a premium per se, I think its baked fundamentally into the value of the land that you're already seeing.

montanagriz
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S
Hunting will help bring more offers, potential buyers but to quantify...Who knows. I would just list at market and see what the market tells you. If lots of interest or offers etc vs sitting for months. Some guy was selling land for over a year because his property was valued to high in his mind vs the fact he was near chicken houses.

What's around you can/will influence buyers and price.

I can't wait to see the listing. I would have interest being a bow hunter but doubt I can touch it. It's why I bought land in Kansas instead of Texas
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