Looking for Ranches for Sale in Colorado? Prepare for the Location!
Are you looking for ranches for sale in Colorado? Don’t forget to study the location and prepare for it! The exact place where your soon-to-be ranch is located can affect several aspects of your business and your lifestyle, too, so you should take time to know what to expect and make plans accordingly. Here are some of the top considerations before you buy:
The Weather and Your Water (Plus Other Needs)
If you’re envisioning yourself as a rancher in Colorado, planning for the usual weather conditions should be part of your preparations. It’s normally hot and dry in this Southwestern state, but in higher elevations, it’s not uncommon to experience snowfall that quickly melts under the constant sunshine. This precipitation will certainly be great for your irrigation needs, but you have to strategize wisely to maximize the resource.
In some cases, you also have to consider how the snow could be harmful. For instance, the snow may carry excess nitrogen, which can be a potent fertilizer that can actually promote weed proliferation, weaken trees and other crops, and make rivers more acidic (due to the high nitrate levels). This is why experts recommend postponing the application of manure or fertilizers when the nitrogen level of the snow is at its peak.
Of course, you can also select a ranch in an area that experiences less snow, so you can better control the soil conditions. If the place gets less precipitation, you have to be creative in conserving or recycling water for irrigation and other ranch management purposes (e.g. drinking water for livestock, water supply for your home in the ranch, water for cleaning, etc.).
You might want to look for a property with a private stream, an efficient irrigation system, or rainwater tanks and water treatment facilities. You can also have the latter installed after purchasing the land.
The Lay of the Land and How You Profit from It
Aside from the main purpose of the property (i.e. raising livestock in cattle ranches or planting and harvesting crops in farms), some ranches for sale may also offer other profitable opportunities. A private stream can be used for fly fishing, a wildlife habitat can be a venue for hunting, and any property with scenic views of the Rocky Mountains or the Colorado River can be enjoyed by vacationing tourists.
Work with a reputable broker from an established company like Mirr Ranch Group who is experienced in representing buyers to find a strategically located property that suits your preferences and investment goals.
It’s Raining Nitrogen In A Colorado Park. Farmers Can Help Make It Stop, NPR
ASSESSING THE TOTAL ECONOMIC VALUE OF RANCHING IN MOUNTAIN COMMUNITIES: AN OVERVIEW, Colorado State University