TheLandJournal.com

Today there are almost 100,000 acres of land that has been scorched by flames in Georgia. A fire started from an electric wire being hit by a tree. Many people have had to evacuate their homes and the fires have not been put out yet so more damage is on it’s way. Here is an excerpt from the New York Times telling the latest:

Spread of Wildfires Is Feared in Georgia

By THE ASSOCIATED PRESS
Published: May 7, 2007
WAYCROSS, Ga., May 6 (AP) — Lightning strikes that started three new fires, gusty winds and continued dry conditions threatened Sunday to spread the wildfires that have already charred 100,000 acres in southeast Georgia.

Officials with the Georgia Emergency Management Agency are also worrying about the impact of the gigantic blaze on the wildlife in the Great Okefenokee Swamp.

The two largest fires, which started when a tree fell on a power line on April 16, are mostly in Ware County and have burned 98,400 acres, or about 153 square miles.

One of the fires is 80 percent contained, and the other 45 percent.

Officials are also worried about a fire in Atkinson County, which has burned 5,800 acres in a peat bog.

A 16-mile section of U.S. 1, which connects Waycross with Jacksonville, Fla., remains closed.

Officials have estimated that it will cost $18 million to fight the wildfires.

With all of the wildfires in Georgia burning up the land how does this affect the value of that land?

Will this add more value to the land after it has had a year or two to recover?