Four Reasons Why You Should Buy Nebraska Ranches

Nebraska offers many great opportunities for savvy investors looking to expand their property portfolio or start a new family ranch operation. Throughout the state, there are parcels of land varying in size and on-site infrastructure. This variety means you may be spoiled for choice.

Which site will be best depends on whether you are looking for a turnkey operation or more of a clean slate. There are many reasons why you should buy Nebraska ranches, and we will outline a few of these below.

Abundant Water Sources

Nebraska has vast supplies of water both above and underground, which has many advantages for landowners. If you are planning to run an agricultural operation, the well-watered land will be integral to a successful operation. Look for a property which has a variety of tanks, ponds, or wells.

Having a lot of water on site will also attract wildlife and big game which is particularly attractive to lovers of the outdoors. If you have a large amount of wildlife roaming your property, then you may be able to participate in state conservation programs, which can attract some tax benefits.

A property which comes with on-site water rights is particularly attractive as it offers flexibility to irrigate and make any improvements that will be needed on the property. However, it is important to be clear on how far the water rights stretch in terms of public access, as this can potentially be a deal breaker.

Low Utility Costs

This one is a good thing to consider if you are planning to move the family out to the new ranch land. Throughout the state the gas and electric costs are very reasonable, which will make running a home much cheaper, freeing up cash to put into other on-site improvements.

Investment Potential

Owning land, especially productive or well-placed land is always going to be a sound investment. Now is an excellent time to buy ranches in Nebraska as the prices represent excellent value. Even if you are not planning to run the property as a working ranch, there are ways you can add value to the property.

Depending on the location and the zoning regulations, you can add lodging so you can run retreats or hunting trips. There are many ways to make the land work for and future generations of your family.

Other Considerations 

Buying ranch land can be a very complicated process, so it usually pays to use a broker familiar with the local properties and regulations.  Zoning laws, right of access, mineral and water rights, and existing infrastructure and onsite improvements can all have a significant effect on the value of the property – both now and in the future.

When it comes to the right of access to the property, you need to be clear on the various regulations and where your property lies in relation to public lands such as BLM or national parks. The location can create some business opportunities if your property carries landowner tags or offers excellent access to the local area.