Why Ranches in Wyoming Are Perfect for New and Experienced Ranchers

Wyoming has recently gained a lot of media attention due to Kanye West’s love of the ranch properties within the state. It is hard to argue with him because ranches in Wyoming offer many benefits to investors of all types. Whether you are looking for a smaller recreational retreat or plan to move out West full time, there are plenty of options. 

Today, we will highlight why Wyoming is a great place to consider for new and experienced ranchers alike. So, read on to learn more about ranches in Wyoming.

Why Wyoming?

The Cowboy State is the 10th largest state in the USA and is home to vast swathes of uninhabited land. In parts, you are more likely to see wildlife than humans, so the state is ideal for people looking for solitude. 

The two National Parks – Yellowstone and the Grand Tetons – are the state’s crowning jewels, but you are never far away from areas of natural beauty to explore. The diverse terrain throughout the state and the lack of large cities make the state a prime habitat for a wide variety of big game, birds, and other wildlife. If you love the great outdoors, then Wyoming should be top of your list.

What Do You Want The Property For?

The first thing you should do is make a list of why you want the property. Are you planning to use it as a recreation retreat or to run an agricultural business? Do you want your ranch to be income-producing, or are you just looking to add land to your property portfolio?

New Ranchers

If you are a new rancher looking to start living off the land, then maybe starting with a smaller property in an established agricultural community would be a great place to start. Places like Wheatland in Platte County is well-known for its friendly agricultural community and excellent irrigation system. There are some ranches with small acreages in the area where you can either grow crops or run a small cattle holding.

Recreational Ranches

For investors looking for more space to enjoy recreation, then searching for properties that border mountain ranges or National Parks is a good option. Hot Springs County has some prime real estate located close to pristine wilderness. This area is home to a diverse range of big game such as elk, mule deer, moose, and bighorn sheep, so perfect for hunters. Ranches on and around the Laramie Mountains also provide ideal habitat for big game and some of the country’s best trout fishing.

Vacation Homes

Many new investors are looking to utilize ranch properties as weekend or vacation retreats. Generally, smaller ranches located close to National Parks or Public Land are ideal for vacation homes. There are several key considerations when looking for ranches as vacation homes. The first is thinking about how close you want to be to civilization and the activities you would like to do. Some ranches are very isolated and will require long drives to the nearest towns for supplies and other amenities.  You will also want easy access to nearby airports if you are planning to fly in at the weekend.