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Re: Value of clear cut land
[Re: Goatkiller]
#2654376
11/27/18 08:54 PM
11/27/18 08:54 PM
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Joined: Jul 2011
Posts: 34,433 Boxes Cove
2Dogs
Freak of Nature
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Freak of Nature
Joined: Jul 2011
Posts: 34,433
Boxes Cove
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PINE Timber is no longer a good investment. I've been saying this on here for years and getting chastised for it. Takes a couple of Wall Street Journal articles before anyone else is on board.
Even at 500-1000 per acre for just the dirt depending on your financial situation.... how many on here have an extra $200k laying around to dump into "recreational property" that gets a poor return. You can certainly do that but unless you can truly afford to have $200k sitting not making squat for you I would advise against it. For some there is more to life than money so to each their own. You'll have some great memories and an empty wallet.
"Why do you ask"?
Always vote the slowest path to socialism.
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Re: Value of clear cut land
[Re: Snuffy]
#2654434
11/27/18 09:27 PM
11/27/18 09:27 PM
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Joined: Nov 2011
Posts: 21,782 USA
Remington270
Freak of Nature
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Freak of Nature
Joined: Nov 2011
Posts: 21,782
USA
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If you are in south Alabama as your user info suggests, you could range anywhere from 500-1000 per acre for just dirt, in my opinion if no road frontage of any kind (how do you get there?). Other factors would be, how long ago was it clear cut? It is just a big huge mess? Is it small or large tract? What's on it? Where is it? In short, not enough information. There isn't a specific tract I'm interested in but I would like to acquire one someday. I just wanted to get some opinions on the value of undesirable property as a starting point. There ain’t no such think as undesirable land these days Bambam. There's PLENTY of land that's undesirable. Not worth anywhere near $1,000/acre. Plenty. No timber value, no utilities, maybe poor access, etc. Poor dirt...
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Re: Value of clear cut land
[Re: Goatkiller]
#2654731
11/28/18 08:11 AM
11/28/18 08:11 AM
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Joined: Feb 2011
Posts: 4,802 LASW
turkey247
12 point
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12 point
Joined: Feb 2011
Posts: 4,802
LASW
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Timber is no longer a good investment.
Maybe for some people and some areas, with each situation being different. The articles I read always seem to have an example of a landowner in a bad local market area that is mill deficient - and of course that’s gonna be a problem. But if you think it’s a bad investment, you need to come sit at the intersection of Hwy 5 and Hwy 10 in Pine Hill, AL for a day. It will change your mind.
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Re: Value of clear cut land
[Re: bambam32]
#2655006
11/28/18 12:43 PM
11/28/18 12:43 PM
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Joined: Jan 2011
Posts: 38,489 N. Bama
257wbymag
Boo Boo Head
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Boo Boo Head
Joined: Jan 2011
Posts: 38,489
N. Bama
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Plus it's not like it's still being made. What land we got is what we got. It's not gonna devalue
Quietly killing turkeys where youre not!!! My tank full of give a fraks been runnin on empty I'm the paterfamilias
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Re: Value of clear cut land
[Re: Remington270]
#2655057
11/28/18 01:28 PM
11/28/18 01:28 PM
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Joined: Nov 2002
Posts: 6,631 Moulton,AL
Snuffy
14 point
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14 point
Joined: Nov 2002
Posts: 6,631
Moulton,AL
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If you are in south Alabama as your user info suggests, you could range anywhere from 500-1000 per acre for just dirt, in my opinion if no road frontage of any kind (how do you get there?). Other factors would be, how long ago was it clear cut? It is just a big huge mess? Is it small or large tract? What's on it? Where is it? In short, not enough information. There isn't a specific tract I'm interested in but I would like to acquire one someday. I just wanted to get some opinions on the value of undesirable property as a starting point. There ain’t no such think as undesirable land these days Bambam. There's PLENTY of land that's undesirable. Not worth anywhere near $1,000/acre. Plenty. No timber value, no utilities, maybe poor access, etc. Poor dirt... Find me some in North Alabama for under A 1000.
If you always do what you've always done you always get what you've always got
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Re: Value of clear cut land
[Re: bambam32]
#2655519
11/28/18 08:49 PM
11/28/18 08:49 PM
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Joined: Nov 2011
Posts: 21,782 USA
Remington270
Freak of Nature
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Freak of Nature
Joined: Nov 2011
Posts: 21,782
USA
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Re: Value of clear cut land
[Re: ]
#2655855
11/29/18 09:20 AM
11/29/18 09:20 AM
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Joined: Nov 2011
Posts: 21,782 USA
Remington270
Freak of Nature
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Freak of Nature
Joined: Nov 2011
Posts: 21,782
USA
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NO, but it will be. 20 acres of 9 year old planted pies but the remainder is under contract to be cut, according to the ad details. Still looks like a good deal to me on the surface. Wonder about access? The pic showed not much in the way of roads in the area. You could spend $200 per acre replanting the place after they cut the contracted timber and still be in it for $1100 an acre or less. There's plenty of other places. I just posted that one to dispel the myth that "you can't get land for $1k/acre in north Alabama". Sure you can. But it will be ugly. Not a mature hardwood bottom with a gobbler on every white oak at dawn.
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Re: Value of clear cut land
[Re: bambam32]
#2655896
11/29/18 09:53 AM
11/29/18 09:53 AM
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Joined: Nov 2002
Posts: 6,631 Moulton,AL
Snuffy
14 point
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14 point
Joined: Nov 2002
Posts: 6,631
Moulton,AL
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To far and for the record that ain’t North Alabama. That’s at least an 1and a half from me.
If you always do what you've always done you always get what you've always got
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Re: Value of clear cut land
[Re: Snuffy]
#2655911
11/29/18 10:13 AM
11/29/18 10:13 AM
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Joined: Jun 2015
Posts: 14,020 Some Marriott/Auburn
AU7MM08
Booner
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Booner
Joined: Jun 2015
Posts: 14,020
Some Marriott/Auburn
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To far and for the record that ain’t North Alabama. That’s at least an 1and a half from me. How is something that is north of North of Birmingham not considered North Alabama? Doesn't the state work like, North of Birmingham is North Alabama, between Montgomery and Birmingham is Central Alabama and Montgomery south is South Alabama?
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Re: Value of clear cut land
[Re: AU7MM08]
#2656344
11/29/18 05:28 PM
11/29/18 05:28 PM
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Joined: Aug 2005
Posts: 8,363 Montgomery
WmHunter
14 point
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14 point
Joined: Aug 2005
Posts: 8,363
Montgomery
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To far and for the record that ain’t North Alabama. That’s at least an 1and a half from me. How is something that is north of North of Birmingham not considered North Alabama? Doesn't the state work like, North of Birmingham is North Alabama, between Montgomery and Birmingham is Central Alabama and Montgomery south is South Alabama? Yep, that's the way I always figured it.
"The Tree of Liberty must be refreshed from time to time with the blood of patriots and tyrants." Thomas Jefferson
" Chuck Sykes is a dictator control freak like Vladimir Putin " WmHunter
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Re: Value of clear cut land
[Re: Remington270]
#2656346
11/29/18 05:29 PM
11/29/18 05:29 PM
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Joined: Aug 2005
Posts: 8,363 Montgomery
WmHunter
14 point
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14 point
Joined: Aug 2005
Posts: 8,363
Montgomery
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To far and for the record that ain’t North Alabama. That’s at least an 1and a half from me. Ask someone from Dothan if Lamar county is North Alabama. LOL, Shotgun Willy's and Cowboys.
"The Tree of Liberty must be refreshed from time to time with the blood of patriots and tyrants." Thomas Jefferson
" Chuck Sykes is a dictator control freak like Vladimir Putin " WmHunter
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