Quarterly Update
December 2007
Welcome to Dakota Properties
What is a Fair Lease Arrangement?
How High Land?
Featured Properties
Charles Mix County Cabin
Lytle's Ash Creek Ranch
Clear Lake Retreat
Vermillion River Wildlife Sanctuary
Beautiful Big Stone Lake
Recently Sold
Chapelle Creek Property
Popham's Black Hills Boles Canyon Ranch

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Team Members:

Jeff Garrett
Dakota Properties
Spearfish, SD

Greg Smeenk
Dakota Properties
Belle Fourche, SD

Todd Schuetzle
Dakota Properties
Pierre, SD

Eric Mueller
Dakota Properties
Yankton, SD

Joe Duling
Dakota Properties
Gregory, SD

Martin Jurisch
Martin Jurisch & Assoc. Real Estate
Rapid City, SD

John Schutte
Farm & Home Realty
Canton, SD

Rich Alkire
West Dakota Realty
Lemmon, SD

John Egan
Preferred Real Estate
Sioux Falls, SD

Randy Bagby
Martin Jurisch & Assoc. Real Estate
Rapid City, SD

Bret Songstad
Preferred Real Estate
Sioux Falls, SD

Dave Peterson
Martin Jurisch & Assoc. Real Estate
Rapid City, SD

Lucas Lentsch
Dakota Properties
Britton, SD

Josh Kraft
Dakota Properties
Britton, SD

Glenda Wiese
Farm & Home Realty
Canton, SD

Woody Houser
Farm & Home Realty
Canton, SD

Pamela Barth
Preferred Real Estate
Sioux Falls, SD

Welcome to Dakota Properties
Dakota Properties is the exclusive real estate company in South Dakota participating with Cabela's Trophy Properties. Our network of seasoned Brokers, Auctioneers, Sub-Territory Participants and support staff serve a global client base with an overriding commitment to excellence, professionalism, and product knowledge. We know the territory, what to look for, and how to work with all people involved in a transaction. With our network of qualified buyers, willing sellers and strategic marketing affiliations, the Dakota Properties team of Brokers offers the finest real estate services available in this region. Please contact our team of professionals for all your buying, selling, leasing, and auction needs.
What is a Fair Lease Arrangement?
Both tenants and landlords agree that a fair lease is equitable or fair to both parties. However, in practice, it is much easier to talk about an equitable agreement than to actually negotiate one.

The problem is that what one party may see as equitable may differ considerably from what the other party sees as equitable. It comes down to this: History and tradition have more to do with leasing arrangements than do economics or fairness.

According to economics theory, the cash rental rate should be the rate that equates the amount of land that landlords would be willing to rent and the amount of land that tenants are willing to rent, for that given price. While landlords secretly hope to receive the highest possible rate, and tenants secretly hope to pay the lowest possible rate, both parties are willing to negotiate to determine a rate that is fair to both.

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How High Land?
December 3, 2007 by Alan Guebert - American humorist Will Rogers once cracked that Americans are the only people in the world to drive themselves to the poor house.That observation, made at the height of the Great Depression, remains accurate today. Regardless of our personal or national finances, we will never give up our $3-a-gallon lifestyle.

While this American birthright – E Pluribus Hummer? – carries many geopolitical consequences, there’s no doubt of its effect on land prices. Farm and ranch land prices, lit by near-atomic forecasts of a farm-based, biofuel future, caught fire in 2007.

Pick any spot in any state and the chances are 100 percent that its land prices are up at least 10 percent in 2007, according to data compiled by Federal Reserve district banks.

+Read More

Featured properties

Charles Mix County Cabin
Enjoy the sunset views from the deck of this cabin located in western Charles Mix County overlooking the rolling river hills of the Missouri River.

$149,000
For Sale
Platte, South Dakota
1.84 Acres


Lytle's Ash Creek Ranch
A very secluded hunting ranch located within the Cheyenne River drainage system along Ash Creek. Fantastic cedar-filled draws and breaks.

$1,008,150
For Sale
Howes, South Dakota
1,832.95 Acres


Clear Lake Retreat
Amazing 120 feet of premier shoreline property on Clear Lake. This spacious 2,550 sq ft home provides spectacular southern views.

$394,900
For Sale
Sisseton, South Dakota
Less than .5 Acre


Vermillion River Wildlife Sanctuary
"The river runs through it." Large trees surrounding a hay meadow, tillable land and over .5 mile of river frontage.

$518,000
For Sale
Davis, South Dakota
148 Acres


Beautiful Big Stone Lake
Immerse yourself in the beauty of lake living on the banks of Big Stone Lake. Extraordinary home in an extraordinary development!

$549,000
For Sale
Wilmot, South Dakota
.63 Acre


Recently Sold properties

Chapelle Creek Property
Unbelievable hunting opportunities with views of Lake Sharpe and a wide diversification of recreational opportunities on only 278 acres.

Sold Price: $376,000
Sold
Pierre, South Dakota
278.63 Acres


Popham's Black Hills Boles Canyon Ranch
Absolute Land Auction of 492+ Black Hills acres located just off Hwy. 85 southeast of Lead/Deadwood, South Dakota.

Sold Price: $1,772,690.50
Sold
Deadwood, South Dakota
492+/- Acres

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Photos Courtesy of South Dakota Tourism