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Re: Wind Turbines
[Re: 603Country]
#8155304
02/04/21 01:06 PM
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Joined: Apr 2007
Posts: 60,426
BOBO the Clown
kind of a big deal
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kind of a big deal
Joined: Apr 2007
Posts: 60,426 |
Why are solar farms worse? One going in next door to one if the places I hunt. Zero multi use. Not trees, no grass, no animals, no nada. Basically a 3k acre parking lot. With that said I had a solar lease signed and they pulled out day trump was elected. When you make 8 dollars an acre cattle lease plus $3 and acre soil conservation bank program, and some one offers you $800 plus an acre a year. How do you say no?
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Re: Wind Turbines
[Re: BOBO the Clown]
#8155325
02/04/21 01:28 PM
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Joined: Apr 2005
Posts: 43,854
Stub
OP
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OP
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What about the ranchers, farmers or landowners who's land value declines because of their neighbors WTG should they be compensated also? Lets say you own 1,000 acres and you land is worth $4,000 - $4,500 an acre, now because WTG are placed next or close to your property the value has declined to $2,000 an acre wouldn't you be pissed?
As much as we may assume that to be happening, it’s not for most part. Now appreciation maybe slower but it damn sure isn’t going negative. Not enough land for sale to do that. My buddy just sold his place because neighbor got wind turbines, it was an exponentially high ROI compared to stock market. I bought more land in panhandle a while back, wind turbine actually increased land values there. As much as I hate them in principle, land deception isn't one of the cause and effects of them. Maybe in certain areas like the Panhandle that is not as aesthetic pleasing as other areas you may not suffer land depreciation. Lets say you bought land in the beautiful hills of Jack county for $4,500 an acre a year ago, now my neighbors puts up WTG next to me, I bet you could not sell that land now for the $4,500 an acre that I paid for it. Who do you would want to pay that kind of money to stare at those monstrosities
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Re: Wind Turbines
[Re: Stub]
#8155349
02/04/21 01:52 PM
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Joined: Apr 2007
Posts: 60,426
BOBO the Clown
kind of a big deal
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kind of a big deal
Joined: Apr 2007
Posts: 60,426 |
What about the ranchers, farmers or landowners who's land value declines because of their neighbors WTG should they be compensated also? Lets say you own 1,000 acres and you land is worth $4,000 - $4,500 an acre, now because WTG are placed next or close to your property the value has declined to $2,000 an acre wouldn't you be pissed?
As much as we may assume that to be happening, it’s not for most part. Now appreciation maybe slower but it damn sure isn’t going negative. Not enough land for sale to do that. My buddy just sold his place because neighbor got wind turbines, it was an exponentially high ROI compared to stock market. I bought more land in panhandle a while back, wind turbine actually increased land values there. As much as I hate them in principle, land deception isn't one of the cause and effects of them. Maybe in certain areas like the Panhandle that is not as aesthetic pleasing as other areas you may not suffer land depreciation. Lets say you bought land in the beautiful hills of Jack county for $4,500 an acre a year ago, now my neighbors puts up WTG next to me, I bet you could not sell that land now for the $4,500 an acre that I paid for it. Who do you would want to pay that kind of money to stare at those monstrosities My buddys place was on the western edge of the hill country, the entire brady mountains ridge in both counties is now covered. He closed Sept 20. He sold for more the 4500. In your example I bet you could still get m4500 an acre. Wind Turbine Land just isn't deprecating like you think. I hate them but I dang sure dont blame a land owner for taking a large multi use guarantee. I look at multi use Pipelines ROW, same way. Go look at land comps in Concho, Mills, McCullough etc they aren't going down. Same thing in coastal areas of Arnasas, Refugio, Nueces etc Now I think counties that ban them will see a higher appreciation rate then counties that do, but none the less both will appreciate
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Re: Wind Turbines
[Re: BOBO the Clown]
#8155412
02/04/21 02:35 PM
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Joined: Apr 2005
Posts: 43,854
Stub
OP
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OP
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What about the ranchers, farmers or landowners who's land value declines because of their neighbors WTG should they be compensated also? Lets say you own 1,000 acres and you land is worth $4,000 - $4,500 an acre, now because WTG are placed next or close to your property the value has declined to $2,000 an acre wouldn't you be pissed?
As much as we may assume that to be happening, it’s not for most part. Now appreciation maybe slower but it damn sure isn’t going negative. Not enough land for sale to do that. My buddy just sold his place because neighbor got wind turbines, it was an exponentially high ROI compared to stock market. I bought more land in panhandle a while back, wind turbine actually increased land values there. As much as I hate them in principle, land deception isn't one of the cause and effects of them. Maybe in certain areas like the Panhandle that is not as aesthetic pleasing as other areas you may not suffer land depreciation. Lets say you bought land in the beautiful hills of Jack county for $4,500 an acre a year ago, now my neighbors puts up WTG next to me, I bet you could not sell that land now for the $4,500 an acre that I paid for it. Who do you would want to pay that kind of money to stare at those monstrosities My buddys place was on the western edge of the hill country, the entire brady mountains ridge in both counties is now covered. He closed Sept 20. He sold for more the 4500. In your example I bet you could still get m4500 an acre. Wind Turbine Land just isn't deprecating like you think. I hate them but I dang sure dont blame a land owner for taking a large multi use guarantee. I look at multi use Pipelines ROW, same way. Go look at land comps in Concho, Mills, McCullough etc they aren't going down. Same thing in coastal areas of Arnasas, Refugio, Nueces etc Now I think counties that ban them will see a higher appreciation rate then counties that do, but none the less both will appreciate Your buddies place on the western edge of the Hill country. How long ago did he buy it and what did he pay for it at that time? Wonder what his land would of sold for if those WGT were not there? Guessing there is only two ways I know only way you can really gauge the effect they have on land value is. 1. Have a recent comparables of identical land sold right before WGT were installed then right after. 2.Have recently say within 1 year purchased the land for X number of $ before WGT were installed next to your property, then what it would sell for after. Comparables now are probably pretty skewed because of all of the business and people moving into our state creating the land grab and driving prices way up.
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Re: Wind Turbines
[Re: Stub]
#8155532
02/04/21 03:35 PM
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Joined: May 2009
Posts: 10,425
Ramball36
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I refuse to believe that surrounding land is depreciating because of wind turbines
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Re: Wind Turbines
[Re: Ramball36]
#8155550
02/04/21 03:46 PM
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Joined: Nov 2012
Posts: 15,639
QuitShootinYoungBucks
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I refuse to believe that surrounding land is depreciating because of wind turbines It's not, not in any appreciable manner. My cousin sold his in Mills County, 600 acres with 6 mills. At the time land was bringing 2700-3200/acre and he got market value. The new owner sold 100 acres of it to another guy 6 months later for $3400/acre, and that piece sold two years later for $4000/acre.
https://web.archive.org/web/20170223065011/http:/www.rrdvegas.com/silencer-cleaning.html
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Re: Wind Turbines
[Re: Stub]
#8155570
02/04/21 03:56 PM
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Joined: Apr 2007
Posts: 60,426
BOBO the Clown
kind of a big deal
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kind of a big deal
Joined: Apr 2007
Posts: 60,426 |
Stub,
He had it <13 years and essentially pretty much tripled. He didn't have it listed. He named his price. Land in that area doesn't come up for sale often, he was the smallest ranch in 10 mile radius. That's point I'm trying to make, they are just becoming part of the land scape. No different then pump jack or tank battery.
Land just isn't deprecating in Texas. Every property I've looked at Coastal, Hill country and panhandle is same way.
I get it doesn't make sense, but the old saying they don't make more land is true. Supply and demand
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Re: Wind Turbines
[Re: BOBO the Clown]
#8155586
02/04/21 04:05 PM
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Joined: Nov 2012
Posts: 15,639
QuitShootinYoungBucks
THF Celebrity
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Posts: 15,639 |
Stub,
He had it <13 years and essentially pretty much tripled. He didn't have it listed. He named his price. Land in that area doesn't come up for sale often, he was the smallest ranch in 10 mile radius. That's point I'm trying to make, they are just becoming part of the land scape. No different then pump jack or tank battery.
Land just isn't deprecating in Texas. Every property I've looked at Coastal, Hill country and panhandle is same way.
I get it doesn't make sense, but the old saying they don't make more land is true. Supply and demand It actually does make sense. For many people, the mills just aren't an issue. I bet there are even some fools out there that like them/would want to have one.
https://web.archive.org/web/20170223065011/http:/www.rrdvegas.com/silencer-cleaning.html
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Re: Wind Turbines
[Re: Stub]
#8155597
02/04/21 04:14 PM
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Joined: Jul 2010
Posts: 6,862
HuntnFly67
THF Trophy Hunter
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They're not value killers. No one likes them, but the evidence of cutting land prices in half simply isn't there.
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Re: Wind Turbines
[Re: Stub]
#8155609
02/04/21 04:19 PM
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Joined: Nov 2009
Posts: 91,416
bill oxner
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How do they compare in land damage to solar panels?
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
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Re: Wind Turbines
[Re: Stub]
#8155644
02/04/21 04:40 PM
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Joined: Oct 2011
Posts: 528
fishfree
Tracker
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Tracker
Joined: Oct 2011
Posts: 528 |
I generally object to any business model that requires that I be taxed to make it 'profitable'.
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Re: Wind Turbines
[Re: fishfree]
#8155647
02/04/21 04:41 PM
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Joined: Mar 2019
Posts: 19,125
TCM3
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I generally object to any business model that requires that I be taxed to make it 'profitable'. This sums it all up perfectly.
Do not forget to entertain strangers, For by so doing some have unwittingly entertained angels Hebrews 13:2 (R-TX)
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Re: Wind Turbines
[Re: bill oxner]
#8155690
02/04/21 05:05 PM
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Joined: Apr 2007
Posts: 60,426
BOBO the Clown
kind of a big deal
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kind of a big deal
Joined: Apr 2007
Posts: 60,426 |
How do they compare in land damage to solar panels? From a reclaimation stand point, one concrete pad per 120ac, vs 100’s of concrete post holes per acre
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Re: Wind Turbines
[Re: Stub]
#8155692
02/04/21 05:07 PM
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Joined: Apr 2005
Posts: 43,854
Stub
OP
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OP
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I understand a lot of you guys points about the land is still selling and usually at a higher price, as BoBo said supply and demand and that reverts back to my comment about the only reason most land prices are still going even with WTG on them is because of all of the business coming here with jobs. The loss of value that I used from $4,500 to $2,500 is obviously high? What if the property now only brings $3,500 to - $4,000 and takes twice as long to sell because of the WTG? The hilly land I was referring to is mainly ideal for country living, not a lot of pasture land for a profitable cattle production or farming, mainly for the views and serenity. Anybody on here that says they would pay the same top dollar amount of money for their own personal hill country land to live on that is lined with those giant eye sore WTG versus pristine hill country land without them is full of
Last edited by Stub; 02/04/21 05:21 PM.
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Re: Wind Turbines
[Re: fishfree]
#8155706
02/04/21 05:16 PM
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Joined: Apr 2007
Posts: 60,426
BOBO the Clown
kind of a big deal
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kind of a big deal
Joined: Apr 2007
Posts: 60,426 |
I generally object to any business model that requires that I be taxed to make it 'profitable'. 100%, Irony is when it's self supportive it takes ultra high oil and NG prices, which means the patch is healthy and jobs are numerous, but fake green explodes too.
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Re: Wind Turbines
[Re: Stub]
#8155719
02/04/21 05:28 PM
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Joined: Apr 2007
Posts: 60,426
BOBO the Clown
kind of a big deal
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kind of a big deal
Joined: Apr 2007
Posts: 60,426 |
I understand a lot of you guys points about the land is still selling and usually at a higher price, as BoBo said supply and demand and that reverts back to my comment about the only reason most land prices are still going is because of all of the business coming here with jobs. The loss of value that I used from $4,500 to $2,500 is obviously high? What if the property now only brings $3,500 to - $4,000 and takes twice as long to sell because of the WTG?
The hilly land I was referring to is mainly ideal for country living, not a lot of pasture land for a profitable cattle production or farming, mainly for the views and serenity. Anybody on here that says they would pay the same top dollar amount of money for their own personal hill country land to live on that is lined with those giant eye sore WTG versus pristine hill country land without them is full of BS.
You either are buying land or you aren't. You can either afford it or you can't. Land is sold for what a land owner will take for it. Gillespie, will be one of the last hold outs on windturbines. I suggest you buy as much as you can now. Starts at roughly +- $7k an acre, and goes up from there via water availability. Next year I bet it's up to $8k avg etc
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Re: Wind Turbines
[Re: BOBO the Clown]
#8155792
02/04/21 06:14 PM
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Joined: Apr 2005
Posts: 43,854
Stub
OP
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OP
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I understand a lot of you guys points about the land is still selling and usually at a higher price, as BoBo said supply and demand and that reverts back to my comment about the only reason most land prices are still going is because of all of the business coming here with jobs. The loss of value that I used from $4,500 to $2,500 is obviously high? What if the property now only brings $3,500 to - $4,000 and takes twice as long to sell because of the WTG?
The hilly land I was referring to is mainly ideal for country living, not a lot of pasture land for a profitable cattle production or farming, mainly for the views and serenity. Anybody on here that says they would pay the same top dollar amount of money for their own personal hill country land to live on that is lined with those giant eye sore WTG versus pristine hill country land without them is full of BS.
You either are buying land or you aren't. You can either afford it or you can't. Land is sold for what a land owner will take for it. Well that certainly answers the debate over whether WTG have any effect on land values
Last edited by Stub; 02/04/21 06:14 PM.
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Re: Wind Turbines
[Re: Stub]
#8155816
02/04/21 06:27 PM
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Joined: Apr 2007
Posts: 60,426
BOBO the Clown
kind of a big deal
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kind of a big deal
Joined: Apr 2007
Posts: 60,426 |
I understand a lot of you guys points about the land is still selling and usually at a higher price, as BoBo said supply and demand and that reverts back to my comment about the only reason most land prices are still going is because of all of the business coming here with jobs. The loss of value that I used from $4,500 to $2,500 is obviously high? What if the property now only brings $3,500 to - $4,000 and takes twice as long to sell because of the WTG?
The hilly land I was referring to is mainly ideal for country living, not a lot of pasture land for a profitable cattle production or farming, mainly for the views and serenity. Anybody on here that says they would pay the same top dollar amount of money for their own personal hill country land to live on that is lined with those giant eye sore WTG versus pristine hill country land without them is full of BS.
You either are buying land or you aren't. You can either afford it or you can't. Land is sold for what a land owner will take for it. Well that certainly answers the debate over whether WTG have any effect on land values Lol, good point Made more sense in my head. Land value appreciation and sales prices says the WTG isn’t suppressing land values. Demand is higher then supply, There will always be a big difference in perception between recreational landowners And non recreational. With that said neither will give it away when they move on from it.
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Re: Wind Turbines
[Re: QuitShootinYoungBucks]
#8155860
02/04/21 07:06 PM
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Joined: Nov 2005
Posts: 32,601
sig226fan (Rguns.com)
duck & cover
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duck & cover
Joined: Nov 2005
Posts: 32,601 |
I refuse to believe that surrounding land is depreciating because of wind turbines It's not, not in any appreciable manner. My cousin sold his in Mills County, 600 acres with 6 mills. At the time land was bringing 2700-3200/acre and he got market value. The new owner sold 100 acres of it to another guy 6 months later for $3400/acre, and that piece sold two years later for $4000/acre. It is in some aspects. I know a man that bought a 40 acre tract outside of a town. Was in the planning stages of dividing, building homes, etc, when the wind turbines came in; Can't give it away now. He can't even get his investment back out of it.
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Re: Wind Turbines
[Re: Stub]
#8155874
02/04/21 07:19 PM
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Joined: Oct 2004
Posts: 39,536
redchevy
THF Celebrity
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Posts: 39,536 |
I understand a lot of you guys points about the land is still selling and usually at a higher price, as BoBo said supply and demand and that reverts back to my comment about the only reason most land prices are still going even with WTG on them is because of all of the business coming here with jobs. The loss of value that I used from $4,500 to $2,500 is obviously high? What if the property now only brings $3,500 to - $4,000 and takes twice as long to sell because of the WTG? The hilly land I was referring to is mainly ideal for country living, not a lot of pasture land for a profitable cattle production or farming, mainly for the views and serenity. Anybody on here that says they would pay the same top dollar amount of money for their own personal hill country land to live on that is lined with those giant eye sore WTG versus pristine hill country land without them is full of You are what if'ing with made up numbers, other than your anecdotal opinion of not liking them, its based in no fact what so ever.
It's hell eatin em live
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Re: Wind Turbines
[Re: Stub]
#8155875
02/04/21 07:20 PM
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Joined: Oct 2004
Posts: 39,536
redchevy
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Seems a liberal idea to tell people they cant do what they want on their property.
It's hell eatin em live
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Re: Wind Turbines
[Re: redchevy]
#8155987
02/04/21 08:35 PM
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Joined: Apr 2005
Posts: 43,854
Stub
OP
THF Celebrity
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OP
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Joined: Apr 2005
Posts: 43,854 |
I understand a lot of you guys points about the land is still selling and usually at a higher price, as BoBo said supply and demand and that reverts back to my comment about the only reason most land prices are still going even with WTG on them is because of all of the business coming here with jobs. The loss of value that I used from $4,500 to $2,500 is obviously high? What if the property now only brings $3,500 to - $4,000 and takes twice as long to sell because of the WTG? The hilly land I was referring to is mainly ideal for country living, not a lot of pasture land for a profitable cattle production or farming, mainly for the views and serenity. Anybody on here that says they would pay the same top dollar amount of money for their own personal hill country land to live on that is lined with those giant eye sore WTG versus pristine hill country land without them is full of You are what if'ing with made up numbers, other than your anecdotal opinion of not liking them, its based in no fact what so ever. Glad you could contribute more useless hot air to the subject Some of the numbers are hypothetical, others not. But here is the real question and try and answer it honestly. Would you pay the same top dollar amount of money for your own personal hill country land to live on that is lined with those giant eye sore WTG, versus the same identical pristine hill country land without them? No BS keep it real and honest. I dang sure wouldn't. Seems a liberal idea to tell people they cant do what they want on their property. So who on any one of these comments on this thread was telling anybody what they can or want on their property I certainly did not, as a matter of fact I said I believe a person can do as they please on the land they own, I may not like it but that is just my opinion. And you are exactly right, it does seem kind of liberal to tell people what they can and cannot do on their property! It also very common and Liberal/DemoRatic like to insinuate that someone said or imply that they said something they didn't I am proud to be a Conservative/Republican
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Re: Wind Turbines
[Re: Stub]
#8156030
02/04/21 09:04 PM
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Joined: Oct 2004
Posts: 39,536
redchevy
THF Celebrity
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Joined: Oct 2004
Posts: 39,536 |
I understand a lot of you guys points about the land is still selling and usually at a higher price, as BoBo said supply and demand and that reverts back to my comment about the only reason most land prices are still going even with WTG on them is because of all of the business coming here with jobs. The loss of value that I used from $4,500 to $2,500 is obviously high? What if the property now only brings $3,500 to - $4,000 and takes twice as long to sell because of the WTG? The hilly land I was referring to is mainly ideal for country living, not a lot of pasture land for a profitable cattle production or farming, mainly for the views and serenity. Anybody on here that says they would pay the same top dollar amount of money for their own personal hill country land to live on that is lined with those giant eye sore WTG versus pristine hill country land without them is full of You are what if'ing with made up numbers, other than your anecdotal opinion of not liking them, its based in no fact what so ever. Glad you could contribute more useless hot air to the subject Some of the numbers are hypothetical, others not. But here is the real question and try and answer it honestly. Would you pay the same top dollar amount of money for your own personal hill country land to live on that is lined with those giant eye sore WTG, versus the same identical pristine hill country land without them? No BS keep it real and honest. I dang sure wouldn't. Seems a liberal idea to tell people they cant do what they want on their property. So who on any one of these comments on this thread was telling anybody what they can or want on their property I certainly did not, as a matter of fact I said I believe a person can do as they please on the land they own, I may not like it but that is just my opinion. And you are exactly right, it does seem kind of liberal to tell people what they can and cannot do on their property! It also very common and Liberal/DemoRatic like to insinuate that someone said or imply that they said something they didn't I am proud to be a Conservative/Republican Seems to me you are trying to discourage the ability to put up wind turbines no? I bought land that I am building my home on, JUST down the road is a couple hundred acre solar farm. I could give a carp less. I also have a electric transmission line going through my property whoop d do. People like to complain about it when they got somethign to gain from making noise, but in the end they dont disrupt as much as people will make them out ot. Do i like wind turbines and solar farms...... or the dreaded oil wells? Not only no but hell no, i think they are unsightly, but the reality is that they are not affecting the land value like you say. You may think what i have to say is hot air, but I do real estate for a living so think again, i probably know more than your average bear about the topic at hand.
It's hell eatin em live
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Re: Wind Turbines
[Re: Stub]
#8156060
02/04/21 09:26 PM
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Joined: Mar 2013
Posts: 5,038
jetdad
THF Trophy Hunter
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Apples and oranges. ALL THINGS BEING EQUAL, the windmills on or in close proximity would affect the value negatively. There are folks that would not want to look at them as oppose to not. This shrinks you market and will therefore shrink your price. I view an eyesore as an encumbrance. Again, all things being equal. Why would you desire to deal with it? It doesn't add value unless you are the one getting the cash flow.
Last edited by jetdad; 02/04/21 09:27 PM.
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Re: Wind Turbines
[Re: jetdad]
#8156091
02/04/21 09:55 PM
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Joined: Apr 2007
Posts: 60,426
BOBO the Clown
kind of a big deal
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kind of a big deal
Joined: Apr 2007
Posts: 60,426 |
Apples and oranges. ALL THINGS BEING EQUAL, the windmills on or in close proximity would affect the value negatively. There are folks that would not want to look at them as oppose to not. This shrinks you market and will therefore shrink your price. I view an eyesore as an encumbrance. Again, all things being equal. Why would you desire to deal with it? It doesn't add value unless you are the one getting the cash flow. In some counties and via acreage requirements you aren't going to have much of a choice, unfortunately.
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