So, been starting to look around for a piece of hunting property to buy. I have been, and will continue to be very picky as I do not want to put out money unless I feel its almost perfect. Last thing I want to do is buy something and then next week something better comes available.
Anyway, I am eyeing up a piece that is roughly 120 acres in Mississippi. Flat non swampy land, where timber would be easy to harvest. It is 40 acres of 30 year old pines that were select cut once, and 80 acres of 25 year old pines that weren't touched yet. What would any of you guys with experience think this timber could be worth per acre?
I know a timber cruise by a professional is the only way to really know and prices vary a lot. I am just looking for a broad based guess.
I don't plan to really cut any but I am trying to figure out what kind of value the timber alone carries in the sale price.
Anyway, I am eyeing up a piece that is roughly 120 acres in Mississippi. Flat non swampy land, where timber would be easy to harvest. It is 40 acres of 30 year old pines that were select cut once, and 80 acres of 25 year old pines that weren't touched yet. What would any of you guys with experience think this timber could be worth per acre?
I know a timber cruise by a professional is the only way to really know and prices vary a lot. I am just looking for a broad based guess.
I don't plan to really cut any but I am trying to figure out what kind of value the timber alone carries in the sale price.