Property vs. Recreational Property: What is the Difference?
There is property and then there is recreational property.
Do you own a secluded piece of land that has been in the family for generations but you are uncertain of how to realize its value or potential? You are not alone - a lot of families have property handed down from generation to generation, and the vision once held by a previous family member may have changed. Unlike that time share you never use, the value of your land withstands the test of time, and the acquisition’s original potential may still be brought to fruition.
Take for instance the rundown cabin, overgrown with timber and a nearby trout- filled stream just waiting to be fished. What about the long barren ridge on the high ground? If the rock was picked and a few trees removed you could probably land a light airplane on it, opening a world of possibilities. Is there marketable timber on the property?
It could be time to have an appraisal done of what is and isn’t there. Sometimes the hidden timber value can be as worthwhile as a conservation easement in offsetting the cost of ownership.
These types of properties have value if placed in front of the right buyers. With our decades of expertise with farms, ranches and recreation property, we can help you find the perfect buyer with a dream that matches your unused acreage.