The Press Room
Water Is the Key
Question: Not being far from Canada, is duck-hunting land in high demand in your area?
Braun: If the property is totally marsh, then the price may be low. But most properties will have some marsh on it and some areas that can be leased out for deer or turkey hunting. If there’s a big marsh on the property, the land often will be in the Wetlands Reserve Program (WRP) or placed in the WRP. With WRP land, the landowner gets paid so much an acre yet still retains the ownership of the property and can sell it, but the land can never be developed, farmed or used for anything except wetlands. Five-years ago, this type of property sold for about $1,200 an acre, but now WRP land sells for about $3,000 per acre. The landowner can improve the wetland habitat, but the land can never be changed from wetlands. I came into the Mossy Oak Properties’ family because many realtors in our area aren’t aware of the WRP or how it benefits the landowner or affects buying and selling wetlands in Wisconsin. Most of the time, an entire piece of property isn’t in the WRP. On a 100-acre piece of property, perhaps 40 acres will be in the WRP, and the other 60 acres can be farmed or developed. When the property is sold, the landowner still receives between $3,000 and $4,000 per acre, including the WRP land. Once in the WRP program the property remains under WRP indefinitely and the rules follow the ownership.
For more information on property in Wisconsin, you can write Joel Braun at Mossy Oak Properties of Wisconsin at W4695 State Highway 23/73, Princeton, WI 54968, or call (920) 481-0012, or email Jbraun@mossyoakproperties.com.
Tomorrow: Chronic Wasting Disease