Quarterly Update
July 2009
Welcome to Dakota Properties
Farmland Forecast
Market Update
Featured Properties
Quiet Country Living
9 Mile Lake Lots
River Road Acreage
Charles Mix Co. Farmland & Pheasants
Tripp County Retreat
Recently Sold
Hope Road Ranch
Sanborn County CRP

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Team Members:

Jeff Garrett
Owner/Broker
Spearfish, SD
605-641-0574

Greg Smeenk
Broker
Belle Fourche, SD
605-641-3970

Todd Schuetzle
Broker/Auctioneer
Pierre, SD
605-280-3115

Joe Duling
Broker
Gregory, SD
605-835-8829

John Schutte
Broker/Auctioneer
Sioux Falls, SD
605-366-7028

Martin Jurisch
Broker/Auctioneer
Rapid City, SD
605-484-1353

Rich Alkire
Broker
Lemmon, SD
605-374-3112

Randy Bagby
Broker Associate
Rapid City, SD
605-786-3912

Dave Peterson
Broker Associate
Rapid City, SD
605-390-2709

Lucas Lentsch
Broker/Auctioneer
Britton, SD
605-237-8942

Josh Kraft
Broker/Auctioneer
Britton, SD
605-448-8376

Dave Chocholousek
Broker Associate
Gregory, SD
605-835-8829

Luke Schuetzle
Broker Associate
Pierre, SD
605-280-7659

Steve Bierle
Broker Associate
Sioux Falls, SD
605-359-8052

Brian Mohr
Broker Associate
Sioux Falls, SD
605-366-8333

Al Engstrom
Broker
Watertown, SD
605-881-3298

Michael Konstant
Broker Associate
Spearfish, SD
605-641-0094

Wayne Buhl
Broker Associate
Britton, SD
605-448-8190

Troy Engstrom
Broker Associate
Watertown, SD
605-881-5739

Welcome to Dakota Properties
If you are looking to buy or sell property, contact our network of real estate professionals, and allow us to help you achieve your farming, ranching and recreational real estate goals. Dakota Properties is proud to participate with Cabela's Trophy Properties to sell the best properties in the real estate market and specialize in sales and auctions of farms, ranches and recreational properties.

With 19 real estate professionals located in 9 offices throughout the state, we are the largest land company in South Dakota. Our offices are located in Spearfish, Belle Fourche, Lemmon, Rapid City, Pierre, Gregory, Sioux Falls, Watertown and Britton, with agents licensed in South Dakota, North Dakota, Wyoming, Nebraska, and Iowa.

We recently announced our new digital Property Journal. It's a dynamic, convenient, and environmentally friendly new tool and resource for buyers; providing more listings and access with less waste and hassle. To preview our new Property Journal click here where you can find more up-to-date listings and use interactive tools and links to search properties easier than ever.
Farmland Forecast
Agricultural land values increase 7.7% in South Dakota

The land in South Dakota is still gaining value. A recent study by South Dakota State University revealed that South Dakota agricultural land values have risen 7.7% over the last year. This is the smallest increase over the past decade, but an increase nonetheless. Economic professors Larry Janssen and Burton Pfluger, who co-authored the publication, both blame the current economy as the single reason why values didn’t increase more.

+Read More



Market Update
After a devastating year filled with stock market woes, consumers and business owners are now racing to find hard assets with low risks to begin rebuilding their portfolios. Since Wall Street's plunge, DakotaProperties.com visitor traffic has increased by 42.5 percent as potential buyers actively scour the site in search of farm land, hunting land, ranches, horse farms, waterfront lots and other potentially lucrative types of land for sale with investment potential.

+Read More

Featured properties

Quiet Country Living
Comfortable acreage in northeastern South Dakota. Spacious home with sprawling new addition, swimming pool, and several outbuildings on 10 acres.

$229,000
For Sale
Britton, South Dakota
10 Acres


9 Mile Lake Lots
Nestled in the heart of the Glacial Lakes, are six beautiful 100x150 lake lots in northeastern South Dakota on 9 Mile Lake. Excellent hunting and fishing!

$35,000-$55,000
For Sale
Lake City, South Dakota
less than .5 Acre


River Road Acreage
440 acres of productive land located in eastern Custer County, SD. There is a large dam on the west side providing for livestock and wildlife water.

$297,000
For Sale
Hermosa, South Dakota
440 Acres


Charles Mix County Farmland & Pheasants
An affordable property offering a good income along with pheasant and goose hunting.

$240,000
For Sale
Lake Andes, South Dakota
80 Acres


Tripp County Retreat
160 acres located in the heart of pheasant country with 40 acres of cropland, 115 acres of grassland and remainder in habitat, shelterbelts and stock dams.

$176,000
For Sale
Presho, South Dakota
160 Acres


Recently Sold properties

Hope Road Ranch
Hope Road Ranch is an efficient cattle grazing and wheat base farm. 1,282 acres located close to paved highway and town.

Sold Price: $544,000
Sold
Union Center, South Dakota
1,282.9 Acres


Sanborn County CRP
Good investment property in the heart of pheasant country. Consists of 160 acres all of which are enrolled in the CRP program until 2011.

Sold Price: $250,000
160 Acres
Woonsocket, South Dakota
Sold

Dakota Properties Real Estate
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Photos Courtesy of South Dakota Tourism