 In
today's society there are more people than ever before who are able
to schedule recreational activities into their daily activities. Many
individuals and families are looking for locations that provide the
openness for outdoor activities. They are looking for properties that
allow them to get away from the hustle and bustle of the busy daily
routine and enjoy some quite time in the country enjoying nature.
There is no better example of this than the increasing demand for
recreational properties in Illinois.
As an investment, recreational properties have been outperforming
most other segments of the real estate market since the early 1990's.
There are several reasons for this. One, there is a limited supply
of land, two, urban sprawl and, finally the continued development
into rural areas.
Many investors today find recreational real estate
a good addition to their portfolio. This type investment is particularly
good for those who enjoy outdoor activities. No matter what cycle
the stock market may be experiencing, the investors in recreational
property still enjoy the rights of land ownership and the enjoyment
of fishing, hunting, camping, trail riding, etc. on their
property. harVestco's research and analysis of this market segment
concludes that recreational properties will continue to appreciate
in value. In 2005, a property that previously sold for $300-$400
per acre in the early 1990's is now approaching $3000 or more per
acre.
One of the contributing factors to this extraordinary investment
growth is the explosion of the archery deer hunting industry in
Illinois. Over the last few years, Illinois has quickly gained the
reputation of being one of the best (if not the best place
in the world) to harvest a record whitetail deer.
If you're looking for a place to hunt large white tail deer or
simply a place to enjoy the beauty of nature, contact
us for more information.
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