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07-21-2010, 06:29 AM
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Banned
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Join Date: May 2010
Location: cochrane
Posts: 107
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trapline sales
I have seen a few traplines for sale recently on here....one for $65,000 bucks and one for $75,000 or so. The economy the way it is does anybody know if these lines actually sell for the prices quoted? I think if someone wanted to sell for that price if they got half of what they wanted and a cup of coffee they should take it and run.
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07-21-2010, 12:50 PM
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Banned
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Join Date: May 2007
Location: northern AB
Posts: 2,241
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From my point of view, not having seen either line, I cannot say that they are or are not worth the asking price. Bottom line, if they are worth it, I hope they get it, if not they won't sell.
Regardless, it's for them to sell and for me not to buy, if I so choose.. no sweat..
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07-21-2010, 10:59 PM
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Join Date: Sep 2009
Posts: 103
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ok let's do the math....average price 70,000 dollars....
average critter....
martin 50.00 1000.00
coyote 25.00 375.00
beaver 25.00 300.00
weasel 5.00 30.00
lynx 100.00 guessing 200.00
wolf 200.00 guessing 400.00
just say a guy get's 2 wolf 2 lynx 12 beaver 20 martin 15 coyote's 6 weasels...
that would be 2305.00 big dollars for a lot of work and expensive supplies....
even if you double the amount of animals you caught 4610.00 it would take you 15 years to break even....minus your cost of supplies....
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07-21-2010, 11:03 PM
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Join Date: Mar 2008
Location: Caroline
Posts: 7,274
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Quote:
Originally Posted by junglejay7320
ok let's do the math....average price 70,000 dollars....
average critter....
martin 50.00 1000.00
coyote 25.00 375.00
beaver 25.00 300.00
weasel 5.00 30.00
lynx 100.00 guessing 200.00
wolf 200.00 guessing 400.00
just say a guy get's 2 wolf 2 lynx 12 beaver 20 martin 15 coyote's 6 weasels...
that would be 2305.00 big dollars for a lot of work and expensive supplies....
even if you double the amount of animals you caught 4610.00 it would take you 15 years to break even....minus your cost of supplies....
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I don't really think anybody is doing it for the money nowadays.
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07-22-2010, 01:29 PM
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Administrator
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Join Date: May 2007
Location: Edmonton
Posts: 1,056
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It's a lifestyle, if you can afford it, good for you. But there is no way you will ever get a return on your investment, especially at the prices being used here. Plus last time I checked, fires still burn in the forests.
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07-22-2010, 02:49 PM
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Join Date: Aug 2008
Location: CNP
Posts: 3,760
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True, there is no return on investment if you are recouping the cost with fur.
However if you have it for 15 years i would bet the return will beat anything in your stock portfolio when you resell the line. Bet there is some good returns at 65000 and 75000 for the listed lines. With Season tickets, trap lines, grazing leases, guiding allocations etc. a lot of money has been made in this Country.
Recreation is multi billion dollar industry with far reaching tenticles.
Right or wrong.
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07-22-2010, 03:29 PM
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Join Date: Feb 2010
Location: 3rd rock from the sun, formerly from 4th rock from the sun
Posts: 5,000
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If I could, I'd get one in an instant. For me just being outdoors in a private setting is the most important part and this would be one way of getting out more often and definately worth the price of a line.
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07-23-2010, 10:03 PM
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Join Date: Sep 2009
Posts: 103
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i realize that it's a lifestyle and there is no money to be made...all i'm saying is 70,000 dollars is a expensive passion.....my uncle,his buddy and i run his line that was handed down to him....the comroderie,one with the outdoors,not to mention a rum and coke while we skin our critters is to live for....
if my uncle did not have his line there;s no way my wife would justify spending 70,000 to buy my own....
sorry if i ofended the seller of the couple of line that are for sale....
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07-23-2010, 11:10 PM
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Join Date: Mar 2008
Location: Caroline
Posts: 7,274
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Quote:
Originally Posted by junglejay7320
i realize that it's a lifestyle and there is no money to be made...all i'm saying is 70,000 dollars is a expensive passion.....my uncle,his buddy and i run his line that was handed down to him....the comroderie,one with the outdoors,not to mention a rum and coke while we skin our critters is to live for....
if my uncle did not have his line there;s no way my wife would justify spending 70,000 to buy my own....
sorry if i ofended the seller of the couple of line that are for sale....
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Lot of holiday trailers and ski boats out there worth $70000 also. I know what would be worth more in 10 years. Seems like not a bad investment for an enjoyable hobby.
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07-24-2010, 10:54 AM
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Join Date: Jul 2009
Location: Alberta
Posts: 174
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Well I personally would buy the line in a heartbeat but with 25 some odd horses an truck driver it would go to waste but worth it hell ya, they only makem once. Call it a hobby, obsession, or plain excitement for some its a getaway leisure escape from civilization. an a great way to spend quiet time with the family an kids, priceless.
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07-24-2010, 11:48 AM
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Join Date: May 2009
Posts: 241
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Quote:
Originally Posted by junglejay7320
ok let's do the math....average price 70,000 dollars....
average critter....
martin 50.00 1000.00
coyote 25.00 375.00
beaver 25.00 300.00
weasel 5.00 30.00
lynx 100.00 guessing 200.00
wolf 200.00 guessing 400.00
just say a guy get's 2 wolf 2 lynx 12 beaver 20 martin 15 coyote's 6 weasels...
that would be 2305.00 big dollars for a lot of work and expensive supplies....
even if you double the amount of animals you caught 4610.00 it would take you 15 years to break even....minus your cost of supplies....
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How many people - you figure - broke it down this way? I was just about to ask about the numbers that are involved here. I'd love to do it, but doubt that it will ever come true, unless I win some 649...
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07-24-2010, 09:52 PM
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Join Date: Sep 2009
Posts: 103
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i think you have to consider your return on the large amount of money you are spending......i mean if i wanted to buy a new rifle that was worth 1000,00 bucks....it would take a month or two of some extra overtime to pay for it....
not 15 years of overtime...
i agree that a line will go up in value,but double...maybe... 10,000-15,000 dollars over the next 15 years sounds more like it...a line is not like a house or a vacation property...the is only 1 reason to buy....trapping!!!!
you can't guide out of it,you can't even just hunt out of it...you have to have a quotea that is registered....so the demand to buy is limited....
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07-24-2010, 10:22 PM
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Banned
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Join Date: May 2007
Location: northern AB
Posts: 2,241
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sounds to me like you have all the bases covered...
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07-25-2010, 06:27 PM
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Join Date: Apr 2009
Location: North of Calgary
Posts: 158
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Quote:
Originally Posted by junglejay7320
ok let's do the math....average price 70,000 dollars....
average critter....
martin 50.00 1000.00
coyote 25.00 375.00
beaver 25.00 300.00
weasel 5.00 30.00
lynx 100.00 guessing 200.00
wolf 200.00 guessing 400.00
just say a guy get's 2 wolf 2 lynx 12 beaver 20 martin 15 coyote's 6 weasels...
that would be 2305.00 big dollars for a lot of work and expensive supplies....
even if you double the amount of animals you caught 4610.00 it would take you 15 years to break even....minus your cost of supplies....
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Based on fur auction prices from the last year the prices above are too high. Not to mention you forgot to include the price of the new traps, fuel, snow machine and sled, trailer, food, breakdowns...
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07-27-2010, 12:51 AM
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Banned
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Join Date: Dec 2008
Location: Calgary
Posts: 1,179
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Could you not just tack the 70 k onto your already existing mortgage or get some sort of monthly payment to the bank? 25 yr mortgage on the land Lol
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07-27-2010, 01:00 PM
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Join Date: Jul 2009
Location: Calgary, AB
Posts: 4,970
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Quote:
Originally Posted by S.A.S
Could you not just tack the 70 k onto your already existing mortgage or get some sort of monthly payment to the bank? 25 yr mortgage on the land Lol
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Depending on the amount of the residential mortgage, and the value of the residence, it might be possible to get a line of credit secured by the residential property (or a second mortgage on the residential property) to purchase the trapline.
As far as the bank would be concerned, the trapline would have no real value. It is not a sound commercial venture (and the asking prices are TOTALLY out of line with what "businesses" sell for). In addition to that, the land isn't owned by the buyer: just the right to trap it.
As the trapline has no value, the funds would need to be secured against something that does have value. People who bought their houses before the last boom would probably have enough equity in their house to secure the funds for the trapline: one way or another. Those who purchased their houses during the boom are probably carrying more mortgage than what the house is presently worth, so the purchase of the trapline could not be secured against the house.
If the purchase price of traplines was calculated the way it is for standard commercial ventures, it would be possible to get a loan from a bank to purchase the trapline and associated items/business.
__________________
Shelley
God promised men that good and obedient wives would be found in all corners of the world. Then he made the earth round . . . and laughed.
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07-27-2010, 02:43 PM
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Join Date: Aug 2008
Location: Edmonton
Posts: 1,190
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Quote:
Originally Posted by MountainTi
Lot of holiday trailers and ski boats out there worth $70000 also.
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I don't think there are many trailers or ski boats actually "worth" $70K, but there sure are a lot of people who do.
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08-04-2010, 12:14 PM
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Join Date: May 2008
Location: McLeod Valley
Posts: 436
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These days its a lifestyle not for a source of income. If you can afford it do it if you can't , well try somthing thats more within your means.
Get your trapping licence and hunt down someone looking for a Jr. partner , get a hold of the A.T.A , and pound some pavment.
It might be out of your way but its a start.
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08-04-2010, 03:21 PM
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Banned
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Join Date: Dec 2008
Location: Calgary
Posts: 1,179
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Quote:
Originally Posted by DarkAisling
Depending on the amount of the residential mortgage, and the value of the residence, it might be possible to get a line of credit secured by the residential property (or a second mortgage on the residential property) to purchase the trapline.
As far as the bank would be concerned, the trapline would have no real value. It is not a sound commercial venture (and the asking prices are TOTALLY out of line with what "businesses" sell for). In addition to that, the land isn't owned by the buyer: just the right to trap it.
As the trapline has no value, the funds would need to be secured against something that does have value. People who bought their houses before the last boom would probably have enough equity in their house to secure the funds for the trapline: one way or another. Those who purchased their houses during the boom are probably carrying more mortgage than what the house is presently worth, so the purchase of the trapline could not be secured against the house.
If the purchase price of traplines was calculated the way it is for standard commercial ventures, it would be possible to get a loan from a bank to purchase the trapline and associated items/business.
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Interesting, Thank you very much for your input.
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