Build Your Own Backyard Swimming Hole
(Page 9 of 11)
June/July 1998
By Tim Matson
No matter which type or types of fencing is used, it should be well-maintained, and the maintenance cost and time factor should be considered when choosing it.
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5 Farm or Tree Farm. If you own farm land, utilizing it will definitely increase its value. Not only will the crop bring in cash, but it will also increase the eye appeal. If you do not have the time and capability to farm, there are usually neighbor farmers who will operate the farm on a lease or share basis. Your production records will provide proof to a buyer of the value of the land.
If you own timber land, you could actually decrease the value by not taking care of it. Trees sustain damage in a variety of ways, from diseases like root rot to insect damage, parasite vegetation, dry weather stress, snow breakage, and other causes. All of these leave your woods in a messy condition and often perpetuate problems. The forest can be managed to promote healthy tree growth, good wildlife habitat, plus recreational use. All of these will increase the value of your land.
If you are not familiar with good forestry practices, get together with a local forestry consultant. He or she will advise you on proper tree spacing for maximum tree nutrients and sun exposure, how to provide wildlife corridors, and how to treat or prevent insect and disease damage. It may be that you should thin your timber for optimum forest health. That may provide cash that you could use for future forest enhancement.
A forest in good condition will always be worth more than one that is not cared for, with valuable wood actually lost and wasted through lack of care. A thriving forest that provides good wildlife habitat should not necessarily look as groomed as a park, but care should be taken to lessen the chances of loss due to fire.
6 Own or Purchase Property Rights. This seems self-evident, but not all rights are sold with each piece of property. Most land purchases include timber and mineral rights, among other rights to property. However, in some areas these two rights were commonly sold in the past. To secure badly needed cash, many farmers sold perpetual timber rights during the thirties-the trees were just a hindrance to a farming operation, anyway.
The simplest thing to do is make sure you receive these rights when purchasing property. If you did not receive them, you can try to buy them back. Sometimes timber companies will log one last item and then offer the timber rights to the landowner. If these rights become available, you should always jump on them, as it may be a one-time offer Likewise, mining companies and individuals may hold all or part of the mineral rights, but can sometimes be persuaded to sell them back to you.
Check your title report to determine if anyone else owns the timber, mineral, or other rights. Contact them about the possibility of buying back the rights. Land with all of the rights is definitely worth much more than land that is lacking one or more rights.
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