I'm not buying land around there. Anywhere I deer hunt I am but land for that price. And yes, it's a forest..
I wonder where it is you hunt that you can find land at that price/acre? For example - a 45A piece east of Minong, WI was listed at $140K (this was about 4-5 years ago).. I asked around at a few real estate places in NW WI and everything ran about $3K/A..
Around here (literally) land brings $4-7K/A - and that's arable bare land.. MN is that much cheaper?? In any case, if you can find 40A for $35K, you better buy up all you can possibly afford, because you should be able to flip it in a year or two for double/triple the price...
Best wishes...
Land values can vary wildly. My 75 acres is valued at over $5K per yet I just looked at a 30 acre piece 15 miles away on the market for $40K. Both are rough Appalachian mtn land. Back in the day after giving up riding, i chose RE to put my $$'s into.
