Can noxious weeds cost many Montana and people from other states millions of dollars every year?
Yes. It has been estimated that the economic impact of leafy spurge in Montana, North and South Dakota, and Wyoming totals $ 129.5 million each year and may result in the loss of 1,433 jobs. In Montana alone, spotted knapweed is estimated to cost $42 million each year. If this weed is allowed to expand to its fullest range, it could cost Montana’s over $ 155 million each year. Can noxious weeds reduce the value of land? Yes. Knapweeds infestations have reduced the appraised value of land in Oregon. On one $2 million recreational land transaction, the purchase was reduced to $200,000 because of the level of sulfur cinquefoil infestation. Realtors are seeing more potential buyers scrutinize weed infestation and management practices before closing. On production-oriented land, noxious weeds are usually considered in land appraisals. In one analysis, the presence of a noxious weeds that reduces carrying capacity by 60% lowered the value of the land from the original $220 to $100 per acre.
Related Questions
- Why should people who don have noxious weeds have to pay the proposed $1.00 per year noxious weed assessment?
- Why should people who don have noxious weeds have to pay the $2.10 per year noxious weed assessment?
- Can noxious weeds cost many Montana and people from other states millions of dollars every year?
