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Real Estate

Jun. 10, 2003

There's Wealth in Wildlife

BY LORI SALDANA A few years ago, the market was telling landowners to get rid of wildlife habitat or their land would be worthless. Today, landowners are competing to buy habitat to mitigate their developments. Some are buying more of it because they know that open space and habitat are good investments - not for strip malls, but for parks, recreation and wildlife. And land-sales prices reflect that.

BY LORI SALDANA

A few years ago, the market was telling landowners to get rid of wildlife habitat or their land would be worthless. Today, landowners are competing to buy habitat to mitigate their developments. Some are buying more of it because they know that open space and habitat are good investments - not for strip malls, but for parks, recreation and wildlife. And land-sales prices reflect that.

Ask any real estate appraiser outside the state how much ...

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