The Scoop
The Press Room
What's Happening in Wisconsin
Question: How do you define good deer-hunting land in Wisconsin?
Braun: Other than open fields, our entire state is covered with deer. You basically can take any piece of property, even if it’s an open field, and put it in a CRP program, plant fruit and nut trees and a few scrubs and grasses. In a very-short time, you’ll have great deer and turkey hunting on your land. Quality deer and wildlife management have become a way of life here in Wisconsin. Because of all the deer and the turkey management in our state, which results in hunters seeing more turkeys and better bucks, the demand for forest-recreation property has really grown.
Question: How can you say that the demand for forest-recreation land is still high in Wisconsin with the housing market being in a slump?
Braun: You’re talking about two-different types of buyers. The housing market is primarily fueled by first-time buyers or individuals who want to buy bigger and better houses. The forest-recreation property is being impacted by investors who already have the houses they want and the cash to invest in their future and the future of their properties. Therefore, the housing market doesn’t seem to have an impact on the forest-recreation market. The people searching for forest-recreational lands have capital to invest and are searching for properties where they can enjoy hunting, fishing, gardening and viewing wildlife. They also are wise investors who can see that the value of forest-recreational lands has steadily climbed over the last few years and realize that when they buy this property, they’re not only purchasing land for their leisure time, they’re also making a sound business investment. Often people take their retirement or inheritance money and invest it into forest-recreation property.
Question: Why is property in your state a good investment?
Braun: Farmland and forest-recreation land historically have been good investments that gain value in time and can produce an income while it’s being used by the investor. Our forest-recreation land has increased in value by at least 10 percent each year. Also, our state is experiencing an increase in the amount of farming activity. As dairy farming wanes, small-grain farming increases.
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: What about Timberlands?
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