The Kohler Chronicles

Do You Know What Your Land Is Really Worth?

Jul 29, 2026

We get a lot of calls asking whether recreational land has cooled off like the rest of real estate. I’m glad to tell you it hasn’t. Landowners are still surprised by what their places are worth, and by how far buyers will travel to find them. It’s human nature to picture the market the way it was the day you bought in — but it has moved a long way since most of us did, and demand for good Southern land keeps climbing to record levels.

The buyers keep getting better, too. They value the very things we pour ourselves into — prescribed fire, habitat work, the slow labor of building a place worth handing down. Thirty-five years ago, when I first started carving out this niche, none of that showed up in a price. Today the market recognizes it, and rewards it. Even the press has come around — publications that once wouldn’t say “plantation,” or talk about hunting, without flinching now seek these stories out. In the last two years alone, our listings have been featured in over 700 articles reaching a potential audience of more than 6 billion readers.

Trophy deer hunting keeps pushing boundaries. The larger, higher-quality properties keep outperforming, though we’re seeing some softening at the smaller end. We continue pushing the once-unheard-of $10,000-an-acre mark on the best lands, and conservation-easement properties show less and less diminution every year. How deep this market runs, none of us yet knows — I can tell you that good recreational land is now bringing more than even irrigated cropland.

But here is the thing that keeps causing confusion. The one problem I hoped we’d seen the last of — underpricing — is still happening. As prices and marketing have changed, not everyone has kept up, and I’ve watched good properties sell for what, in our professional opinion, was millions below their worth. I won’t name names. But understand this: when a place sells too low, the damage doesn’t stop with that seller. That number becomes a comp — pulled into the next appraisal, the next offer, the next negotiation — and it quietly drags on every one of us who owns land nearby. A low sale isn’t just one family’s loss. It’s all of ours.

And it breeds confusion. Our firm recently sold a plantation on the Flint River — for the third time — for close to $10,000 an acre, yet another on the Ochlockonee we could only watch from the sidelines as it sold for about 40% less. Similarly, a recent sale of a wild-quail plantation under easement in Alabama traded around $2,350 an acre in dirt-and-timber value; when not long ago we closed a Georgia quail plantation, also under easement, at $6,400 ac. Is Georgia worth 172% more an acre than Alabama? Not in our eyes — but you can see how a buyer would land there. Same category, same quail, wildly different numbers. As a landowner myself, it’s hard to watch the chance to show the value of everything we work so hard for slip away — and not just for that seller, but for the rest of us.

That’s why, with today’s prices and a market splintering into ever-finer submarkets, valuing land the right way matters more than it ever has. It’s the hardest part of what we do. We have the buyers. We have the marketing reach. We can prove the value once we’ve determined it. The whole game is making sure nothing gets left on the table — that every bit of intrinsic value is found and captured. It’s why we’ve broken the best properties out of the simple “quail plantation” bucket into what we call Legacy Sporting Lands™ and Legacy Sporting Estates™ — because they’re managed differently now, and as such they draw a broader, deeper pool of buyers than most folks realize.

Knowledge is value. We lean on something no one else has: the largest private database of recreational land sales in the region — over $1.8 billion in transactions where we sat at the table and negotiated every aspect of the sale, not just what shows up in public records. Public data alone is how you get the confusion above. Too many still think you value recreational land by cutting off the top, cutting off the bottom, and averaging the middle — which is how it was done in the past, and ridiculous in our niche today. Our data is how landowners finally understand both the why and the how behind the prices. We’ve recently opened a good deal of it up — to fellow landowners, and even to other brokers — because this whole niche is better off when these lands are understood and valued right.

So here is what any landowner can do. You don’t have to be selling to call. It’s normal to have questions, and to think ahead — one day every one of our places will change hands. It’s hard even for me to picture Lick Skillet in someone else’s hands, but that day will come, and knowing what’s worth improving and what isn’t is worth having long before then. Too many folks take a friend’s word for it, or lean on an old appraisal, and never really know what’s going on. Pick up the phone for a quick, confidential conversation, the way so many of your neighbors already do. No pressure. No obligation. Just a straight answer. And if you’re ever close to selling, call before you do — not after — so your place helps set the market instead of risking becoming the low number that pulls the rest of us down.

Hopefully this niche stays strong and the buyer pool keeps widening as we reach newer markets. We have something special here — let’s make sure we all receive the value we deserve. As long as buyers keep bringing fire to the land and honoring the legacy and life we cherish, higher prices only draw more good stewards, and reward the ones who sacrificed to get here. If I or any of our agents can ever answer a question for you, give us a call.

Yours in the field,
Jon Kohler

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