over more acres for a given implement size. Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. When there’s more competition over wood due to any number of factors, the price goes up. Actual values are summarized from f… $5.1 Till $2.5 Rec This page contains state-by-state information on forest consultants, timber mills, financial incentive programs and timber pricing data. 150 Acres in Boone County,Indiana ready to hunt with trails and 4 wheeler/ATV access. If the land is valued at $100,000 and it is 5 acres, then $100,000/5 acres = $20,000 per acre.) 2. Our valuation model utilizes over 20 field-level and macroeconomic variables to estimate the price of an individual parcel of land. This year we planted 50% soy beans and 50% corn. We have collected data statewide to help calculate the average cost of land clearing in Illinois. That’s slightly under USDA’s 2013 rent survey, which pegged state-level pasture rents steepest in Illinois, at an average $53/acre. When there’s less competition, because of any number of factors, the price goes down. Current commercial applications for commercial property for sale in Illinois include … 40 Acres 20.57 Tillable and 19.43 of Timber Legal Description E 2/3 S 3/4 E 1/2 NW 1/4 S3 T7 R9 40 AC B 138 P 201 Parcel 90-07-03 8 mi. Msn.com said New Jersey has the highest average at about $196,400 per acre. Cost approach: If there isn’t sufficient market activity in your area to use the sales comparison approach, the cost approach is an alternative. Competition – Ultimately, timber markets are driven by competition. If a tract contains $2,000 per acre in timber and the timber is appreciating in value at 10%, this is a gross annual return of $200 per acre. $300.oo/MBF MILL OPERATIONS: Often, the larger the sale, the higher the price per unit of wood that can be offered. $340.oo/MBF Ash Avg. Timber value per acre can be between $500 and $5,000, but this depends on the growth of the trees themselves. Land Clearing Cost. Prices are based on an average calculated from a sample of timber buyers across the U.S., and only intended to provide an estimate of … From 2013 to 2018, central-high farms averaged 220 bushels per acre for corn. Average cost per acre of land in Marion County Illinois? Therefore, costs per acre decline as acres of use increase for a given implement size. Mill prices (paid by sawmills to timber buyers). If mills need wood, prices go up. These agencies survey timber buyers and forestry consultants to determine both stumpage prices (paid by timber buyers to timber sellers) and F.O.B. 1 *Prices shown are based on per ton stumpage price. Visit our Get Connected page, complete the form, and you will be connected with leading timber companies in your area. On average, acreage decreases of 50 percent result in 80% increases in costs. As of now (August 2012), the average value of Illinois cropland has risen to $6,800 per acre. Southwest (Oklahoma and Texas): $1,701 per acre The average price of rural properties, ranches and hunting land for sale here is $366,251. 3. Below is an infographic reporting the average price per acre for raw land in six regions. It can be more costly per unit of wood removed to cut only a few, selected trees, rather than cut most or all trees in the stand. * Pricing reflects data collected from Northwest Georgia, East Tennessee, and Western West Virginia. Per acre costs will vary based on the amount of use of the grain cart. $440.oo/MBF Woods Run Bottomland Avg. Assuming this example tract costs $5 per acre per year to operate, a reduction of $45 per-acre yields a net annual appreciation of $155 per acre or a … In total, 97,599 sales records representing an average of 195,633 acres per year remain in this sample. All rights reserved. Lots 19-40 have frontage on Wehrli Dr. and Fessler Ct. with... 22 Acres : $220,000 $0.10 x 1,000 = $100 per thousand board feet Of course, this example uses rough figures. The average price of hunting land for sale in Alabama is $582,557. This property has 2 creeks that run through it and also has 4 lakes on the outside property line. On the other hand, the fifty year cut will average 4,500 bd ft/acre, and have a stumpage value of approximately $1,000.00/acre ($225.00/1,000 bd ft). The geography, measuring system and products may be completely different, but the market operates in a similar way. Prices are based on an average calculated from a sample of timber buyers across the U.S., and only intended to provide an estimate of trends and current prices. In Table 5, the 1,000 bushel grain cart is assumed to be used on 1,900 acres. You can fill out a form and get connected or you can search our timber company database and connect with a timber company yourself. *Prices shown are based on per ton stumpage price. (e.g. These indices are used to monitor trends in timber prices and to provide information on the state of the UK timber industry. Products – Some geographical areas are known for specific products that may not grow well elsewhere. Actual prices may vary. 4. This comprises more than 700 acres of rural land and property for sale. Historical results and budgets are maintained for Illinois farms in four regions: 1. The land per acre average price of timber per acre in illinois ) IDNR Clearinghouse at 217/782-7498 for assistance ( $ per. 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