Reports for hunting, fishing, and seasonal retreats.

Montana’s vast landscapes offer more than agricultural opportunity — they provide some of the nation’s best recreational land. From hunting acreage and fishing retreats to seasonal cabins and wilderness getaways, recreational properties are a defining part of the state’s real estate market. At Stillwater Appraisal Services, we specialize in appraising recreational land with the accuracy, insight, and confidentiality our clients rely on.

Based in Columbus, MT, our appraisers are Montana natives who understand the value drivers unique to recreational properties. Because Montana is a non-disclosure state, reliable sales data isn’t publicly available. That’s why we maintain a sophisticated sales database and work with a wide network of real estate and financial professionals to track activity and trends. The result is an appraisal that reflects true market conditions while meeting the highest professional standards.

Why Recreational Land Appraisals Matter


Recreational properties are often purchased for lifestyle and legacy as much as investment. Accurate appraisals ensure that these properties are valued fairly and appropriately for:

  • Financing & Refinancing – Reports designed to meet lender requirements.
  • Purchases & Sales – Establishing market-supported values for buyers and sellers.
  • Estate Planning & Settlement – Helping families plan or divide recreational holdings.
  • IRS & Tax Reporting – Providing appraisals that comply with IRS standards.
  • Investment Planning – Supporting decisions about property retention or development.

What We Evaluate


Every recreational property is unique, and we consider the full range of features that impact value, including:

  • Location & Access – Proximity to roads, services, and recreational hubs.
  • Acreage & Terrain – Size, usability, and topography of the land.
  • Water Features – Rivers, creeks, lakes, and ponds that enhance appeal.
  • Wildlife Habitat – Hunting, fishing, and conservation opportunities.
  • Improvements – Cabins, lodges, fencing, trails, and off-grid infrastructure.
  • Market Demand – Local and statewide trends for recreational ownership.

Types of Recreational Properties We Appraise


  • Hunting and fishing land
  • Seasonal cabins and lodges
  • Riverfront and lakefront properties
  • Mountain and wilderness retreats
  • Mixed-use agricultural and recreational properties

Our Reports


We provide flexible reporting formats to meet the specific needs of recreational landowners and lenders:

  • Narrative Reports – Detailed analysis for properties with unique or complex features.
  • Restricted Reports – Concise valuations for limited or specific uses.
  • Market Studies – Broader overviews of recreational land trends and activity.

All reports are prepared in compliance with USPAP.

Local Insight You Can Trust


Recreational land in Montana is unlike any other market. Each property carries its own story, shaped by location, access, and natural features. As Montana natives, our appraisers bring firsthand knowledge of these lands, ensuring every report reflects both their practical and recreational value.

At Stillwater Appraisal Services, we are committed to delivering appraisals that are accurate, confidential, and built on integrity — giving landowners, families, and lenders the clarity they need.