CHEAPER IS NOT ALWAYS BETTER

13-03-10-18-53_Billboard Pic Options Pine Tree 009

I get the most inquiries for the cheapest listings. I guess it’s human nature to bargain shop. However, the least expensive properties may not always be the best choice. The cheapest properties “per acre”, usually do not have much timber value. In which case, it may be several years before the land can yield beautiful mature timber for recreation and wildlife. You’ve heard the old saying “you usually get what you pay for”. Well, that is true with land. Standing timber is like “money in the bank”. For example, I can list a bare, cut-over property for $ 1,500 per acre and at the same time I can list a property with timber for $ 4000 per acre. I will get 10 X the inquiries for the cheaper tract of land. Funny thing is though, the more expensive property may have $ 2,500 per acre of timber that can be sold at any time and the remaining property would still be worth $ 1,500 per acre. In my way of thinking, these two properties are relatively equal in value. I would suggest that you buy the land that best suits your needs.