Yeah, I do. And knowing that I was being facetious. No, we were full time real estate brokers. We do care about the industry. We’ve been doing it for like so long. And if you’re watching, you do know that the basics of putting in a vineyard.
Basics of Putting in a Vineyard
Let’s discuss that, let’s do we head out, Blake, actually, Professor Blake to me, and he was an amazing guy, so he’s a nice guy. Yeah. With his money. Yeah. He has a Ph.D.. Yeah, that’s pretty cool.
And he told us all about putting in a vineyard. So we heard a couple of numbers. So let’s go over some things. Cost, time, space, location, necessary, possible ag exemptions and what you could do there.
So we were talking about, what, three acres like how many acres we were talking about yesterday. So each lot that when we were breaking this down, it was like three acres for a lot. Sure. But yes, we were talking about we just threw this out there at the Lucas property. Yes, right. And he was saying it was anywhere from ten to twelve thousand to bring in enough plants and trellises and root stock root stock to get that kind of up and going.
Yes. So ten to twelve thousand dollars the first time to actually plant it. And the rootstock, he said, would be a hardy root stock. It would be grafted over something else. He said some terms that maybe I missed a little bit of, but essentially it was going to be good vine stock for here for here, like super acceptable and about as good as you can get. Certain ones won’t grow here. Certain ones have past certain. There’s all different types of issues, right. Yeah.
So it was reds cap cabernet sauvignon.
Yeah. Yeah. So just certain ones weren’t, weren’t available but 10 to 12 grand for putting that in the first time. Then you needed to make sure that you irrigated it and it would be drip line irrigated. That cost did not include the cost of putting in a well if you needed a well moving water source that would be separate because each property’s a little bit different. But that included the person and the root stock and all of that to put it in.
Yeah. And yeah, it takes about four years, right, to get these to get these going.
There was something I was going to say to that.
So he had an operating expense of a loss for the first four years of twenty five hundred dollars per acre for supplies.
Twenty three hundred to three thousand, a little bit of a range, but it depends. And oh, this is what I was going to say. I what we learned yesterday is the irrigation, right.
Depending on the irrigation and how much water these these vines get, determine the the taste of the grapes and how much sugar that you you have to add.
So, yeah, that has to do with the vintage year. That’s it. We’ll discuss that in just a second. Let me finish up the cost associated with maintaining it for the first four years. The crop is not really worth anything and it’s pretty much like all waste and the vines have to grow and whatever.
So as it goes through, he was saying that we’re going to lose, we’re going to need to put in pesticides or like all different types of things for this to make sure that everything works fine. He doesn’t want you to have, like, pests come in that destroy the crop and total twenty five hundred dollars per year per acre for the expense of the treatments plus the person.
But you probably have a person around or might be you specifically doing this yourself. So factor in that you’re going to lose ten grand total before those four years and it’s going to take land space time. So then you factor it back in and now we’re at twenty to twenty five thousand dollars plus water for initial install and four years.
And then we finally get to a place that we have vines that we can actually utilize and cultivate. That would be about seven foot. They would do the aggy flop and go over the top. That’s a real term.
Yeah, aggy flop goes over the top. So when you’re, you know, they have a little higher. So you’re not bending over to like, pick the grapes. You can stand up and back.
Go ahead. You had to come with that. I don’t know. I it past time.
Oh the the pricing that you’re talking about was per acre for them. Yes. Yeah.
I don’t know if you mentioned it. Yeah I did. And then so those are the items that go with the cost associated with it. Yep.
And then the time and the space, you can put them wherever you want, there is a space requirement between putting in where the vines are and pests getting to it. So there’s a certain type of grass that we have to have between the vines and between anything else.
So grasshoppers don’t get to it because it gets grasshoppers will eat it all. So there’s certain certain grasses had to go in between. So you can’t use just the same acreage for the vines. You have to have additional acreage between it. And it’s not a huge distance, but you do have to have a break, so to speak, between the vines and anything else that do come into play.
Yeah, I think we were talking three yesterday how this will make a great barrier instead of having fencing.
You know, if you have big estate lots have some Symbion’s in between and they would they would make a great barrier between the homes and you can make it where you don’t even see the other home if you built them up and did the, you know, doing them a little higher so they can be cool.
Yes. And what this does is this creates a great balance at your property.
Providence. Is in Providence, Providence, Providence. Yes. Does anyone know what that means? Providence.
It sounds cool, it does, so go ahead and check that word for us. I probably have, yes. Providence.
Yeah, we’ll check that one out. You guys can chat in that gives you some opportunity to interact with us. I think you should start utilizing that word. Yeah, and when you’re showing homes to use it correctly. Now you have to have some details. We’ll tell you how to utilize that word. Right.
So anyways, ladies and gentlemen, you know a little bit more about putting in those fines, does it add value? I don’t know. I guess it’s in the eye of the beholder. Your county extension agent can help you out and they’ll walk you through. They’ll help you arrange all these things.
Blake can help us get in touch with that right person. It will qualify for an exemption for the portion of what we use, including the space between it that we have to have a natural break. Yeah, and there’s quite a bit of it. Just hopefully that’s good knowledge for you. Yeah. Awesome. We’re done. We’re done.