Category Archives: Ranches for Sale
The Rocky Mountains are symbolic of the great American West and have long been an integral part of the lives of the people who have been drawn here. The waters that come down from the mountains feed rivers, streams, and creeks, which in turn helps provide water for the diverse flora and fauna.
This backdrop attracts many prospective ranchers and old hands alike, with ranch properties in Colorado, Montana, Wyoming, New Mexico, and Utah being much sought after. However, finding the perfect Rocky Mountain Ranch requires doing some homework before getting out the checkbook.
What is the Purpose?
You need to ask yourself this question before starting your search so that you don’t waste time looking at ranches that are not ideal for you. Are you looking for a retreat, or do you want to spend your time working the land? Do you plan to do the work yourself or put ranch management in place? All of these are areas that need to be considered before contacting a ranch broker.
For first-time ranchers, a small, well-run ranch will be ideal, as a large site will likely be far too much work. Trophy hunters will want a ranch that supports a diverse range of game, something the Rocky Mountains are famous for. Regarding hunting, the Burro Mesa Ranch in Trinidad, Colorado comes highly recommended due to its outstanding habitat suitable for harvesting deer and elk.
Alternatively, if you are a lover of the outdoors and see buying a ranch as a way to generate revenue, then consider running a sports club or ranch resort. For these to be successful, you need to be in an area that can offer recreational activities year-round. Many sites in Colorado are good for this due to the excellent infrastructure, abundant rivers, and world-class ski resorts. There are opportunities to host guests for skiing, hiking, rafting, fly-fishing, and myriad other activities.
Once you have thought about your ideal ranch location, you can start looking around for brokers. When you meet them, it is important to list your requirements and ask questions about the following areas:
- Water and Mineral Rights: Owning these rights can seriously enhance the value of a property and gives the owner scope to develop the land to meet their purpose, such as building new irrigation channels or creating fishing ponds.
- Conservation Easements: These vary from state-to-state and will limit some activities such as farming, depending on the terms of the agreement.
- State Zoning Legislation: If you are planning to develop a hunting club, you’ll need high-quality lodging. Some ranches will already have buildings onsite while others will require new ones.
- Access to the Property: This is important irrespective of why you are looking to buy a ranch. Luckily, the Rocky Mountainsregion has an excellent infrastructure, so you are never too far from a population center or airport.
- Past Pollution Problems in the Area: This is important to know, as it can limit the potential to harvest certain crops or develop fisheries.
- Flooding and Drainage: For specific crops and wetlands, flooding can be beneficial, but in some circumstances, it can be disastrous, so take the time to get to know the weather systems, snow melts, and the lay of the land before investing.
Many families live on a ranch for generations while others work a ranch for a specific financial goal. Whatever the reason, at some point the owners may consider selling the property to scale up their business, downsize, or to move out of the ranching industry altogether. Selling a ranch property is a complicated process and can take a considerable amount of time due to fluctuations in land prices and economic and environmental conditions.
When you have decided to sell your ranch, there are some steps you need to follow to ensure that the process is as stress-free as possible. Here are a few tips on how to sell a ranch so that you get the best possible return on your investment.
Call in the Experts
Valuing ranch property is complex, so it is vital that you get the property adequately appraised by a real estate expert who specializes in agricultural properties. They will be aware of issues in the sector such as zoning, water and soil quality, conservation, and yields, all of which will affect the overall value of the property.
Be aware that prices fluctuate, so it is imperative that you get an accurate price related to current economic conditions.
Emphasize What Makes Your Ranch Great
When you are ready to list your property, make sure you emphasize the strengths of your property regarding the lay of the land, hunting opportunities, and cattle raising features. Making sure that you use high-quality photos and informative listings is crucial to getting the attention of possible buyers. A broker who specializes in selling ranches is best suited for marketing your property and handling the complexity of ranch transactions.
Understand the Tax Implications of the Sale
Taxation can be a very complicated area when looking at selling ranch properties, so getting a tax expert in will help you negotiate this minefield. Ranch properties are subject to different taxes than regular residential properties, and if you make a profit on the original purchase price, you’ll also be subject to capital gains tax.
Make Sure the Property Is Ready for Viewing
First impressions count more than most in the ranch business. If buyers see a well-maintained ranch with sparkling surface water, they will be more likely to invest. Overgrown fields, hedges, and damaged fences are sure to put investors off before they even get through the front door. So even if you don’t spend much time on-site, it is worth visiting the site and attending to any maintenance jobs that are required.
This might seem a strange tip for a blog about selling a ranch, but for some families looking to downsize, leasing the land is a viable option.
Many ranchers have successfully been able to downsize their operations by leasing out pasture land or areas adjoining ski resorts to other ranch owners or business people. It helps to reduce the workload while bringing in a regular stream of income, leaving you time to enjoy the things you like best.
Buying a ranch has an almost unlimited potential for people looking to diversify their property portfolios, expand their existing ranch operations, or make a massive change in their lives. No matter the reason, it will involve a substantial investment, regardless of the size of the property.
When you start looking for available ranch land, there are numerous things to consider, which can be particularly overwhelming for prospective ranchers. However, in all cases, there are some important details to think about. Here are our five essential tips for buying your new ranch.
Have a Clear Picture
Having a clear idea of what you want to use the ranch for is one of the first things any would-be investor needs to consider. If you are seeking a place to escape, you will be looking for something very different than people who wish to raise cattle or grow crops. Likewise, investors looking for top-quality hunting and fishing will be looking for ranches with a varied topography close to or within National Park boundaries.
Once you have a clear idea of the type of ranch you want, you can start looking at available locations and the amount of space you will realistically need for your desired operations.
Where Did the Day Go?
Running a ranch is a full-time job, and there will always be a to-do list! The amount of work required will depend on what you use the ranch for, and you may need to hire additional staff during busy periods. This is as true for dude ranchers as it is for cattle ranchers. For example, a dude rancher will have to maintain the lodging and stables to a high standard, while a cattle rancher will have have to look after the livestock, fields, fences, and irrigation.
It is essential that you are fully aware of the time involved in running a ranch. If you are new to ranching, take the time to consult experienced ranchers or property agents to gain a greater understanding. From there, you can create a realistic plan for your property regarding its management.
Where Is the Water?
All ranches need a reliable source of water to operate successfully, so this should be a major consideration when conducting your research.
Owning the water rights of natural water sources passing through or adjacent to the property can add a lot of value to the property while offering the owner a tremendous amount of flexibility to use the water to develop or expand the operations of the ranch.
A Gift from the IRS
In many states, owning a ranch offers potentially significant tax benefits, especially if the ranch is used for agricultural purposes or participates in statewide conservation projects. Each state has different rules, which can be tricky to understand, so if you are new to ranching, it would be worth consulting with an expert before proceeding. They will be able to explain any existing tax breaks the property currently holds and what needs to be done to maintain them in the future.
This is a crucial factor that you must be aware of when purchasing a ranch. For example, if you planto hunt, you need to know how many tags you are eligible for and whether they are easy to obtain. Also, you need to be aware of the zoning rules of the state, especially if you have intentions for future expansion. This is why it is essential to have a clear idea of what you want to achieve on your ranch long before you start looking for available properties.
At the start of a new year, we often say that “this will be the year for big changes.” One of the major changes which people want to achieve is to escape from the rat race of city living and enjoy life somewhere within this beautiful country. A viable option is to start ranching in one of the western states such as Colorado or Wyoming.
Living the life of a “cowboy” seems unrealistic to many people, but with hard work, there is no reason it can’t be a successful change in life for both you and your family. There are many reasons to buy a ranch this year, and here are five to consider.
Return on Investment
Even if you have no real desire to work the ranch or to live on the ranch, the land represents an excellent opportunity to gain considerable returns on investment. Owning large tracts of land in desirable locations is a valuable commodity, and income from the property can be raised in many different ways.
- Leasing Pasture Land:High-quality pastures are always highly sought after in cattle rearing states.
- Hunting and Fishing: Many ranches have extensive water rights and hunting tags within their boundaries. These can be leveraged to attract trophy hunters looking for premium experiences.
- Mineral Rights: Having access to the mineral rights to the land can lead to considerable profits if any mineral deposits are found under the ranch land.
- Dude Ranching: Another way to gain regular income from the land is to set up a dude ranch offering a wide range of activities.
Each state has different tax rules regarding land ownership, but ranch owners can usually qualify for tax breaks or deductions if they use the land for agriculture or participate in conservation programs.
Get Away from It All
For some people, though, the choice to move out to a ranch is purely to get away from it all. This can be in the form ofa vacation getaway or as a new home altogether. For people who love being immersed in nature, owning a ranch is the perfect opportunity to do just that.
Whether you are investing in a small or large ranch, you will have the feeling of being completely disconnected with the rest of civilization. Being surrounded by trees, creeks, and mountains as well as a diverse range of fauna is the antithesis of city living
A Wealth of Opportunities
Living on a ranch presents a wealth of opportunities for work and leisure. Depending on what state you opt for, there will be options to work the land as a cattle ranch or grow crops such as hay to support the local farming community. During your downtime, you can enjoy all the fantastic attributes of your ranch. If you love fishing, you could help cultivate productive fisheries on-site, or maybe there are outstanding trophy hunting within or near the ranch.
Choosing a ranch in a state like Colorado offers year-round possibilities for recreational activities for all members of the family. In the summer, horse rides and hiking are enjoyable, and during the winter, there are numerous world-class ski resorts on the doorstep. If you decide to offer lodging on the ranch, it is possible to maximize income streams throughout the year.
Sense of Pride
There is no doubt that owning and creating a successful ranch is a vast undertaking, but the pride of doing it is well worth it. Many ranch owners see it as a labor of love no matter what they use the ranch for.
After a busy day, the moment you sink into a chair on your porch, looking out across a stunning vista, is one that will never get old.
Montana is a truly magnificent state with so much to see and do within its borders. Grasslands, lakes, and mountain ranges create a diverse terrain perfect for ranching and outdoor activities. The Rocky Mountains, Great Plains, and the open spaces of the Glacier National Park all combine to create the stunning landscape Montana is famous for. In the times of our forefathers, it was the final frontier, and for those that made it, they were delighted about that too.Cattle ranching is big business for the state, which like Nebraska, has more head of cattle than people. Either directly working cattle or working in partnership with cattle owners offer attractive business opportunities. Regardless of the reasons for investing, Montana ranches for sale represent an exciting investment opportunity, which doesn’t come along every day.
Montana has a rich history of cattle ranching, and this doesn’t show any signs of changing anytime soon. Various species of cow and sheep provide a vital source of income for successful cattle operations. Depending on the location of the ranch, it is possible to conduct money-making activities throughout the year. For example, the Antelope Springs Ranch in Cohagen represents a very exciting investment.
There are significant tracts of land suitable for raising sizeable numbers of cows and sheep. Dairy, beef, and wool are all in high demand, and this ranch has the scope to produce all three in large quantities.
Cinch Buckle Ranch in Broadus, also, offers excellent scope for raising cows. The current owners have made a significant investment in improving the water supply to minimize the effects of drought and to sustain the land for a large herd of cattle.
Raising cattle is not the only thing that draws people to Montana. Outdoorsmen, sportsmen, explorers, and adventurers have been brought to the iconic landscape, punctuated by clear, blue lakes and mountain ranges for generations. Large tracts of land remain relatively untouched and no matter whether you are on foot, horseback, or in a truck you are likely to be awestruck by the captivating views.
Fly-fishing is first class in Montana with numerous stretches of Blue Ribbon Trout rivers. Sundance Bench Ranch is well-placed to take advantage of this and enjoys a private stretch of the Madison River. Hours can be spent enjoying the tranquility of nature while catching some of the largest trout on offer.
Being home to some stunning national parks such as Glacier and parts of Yellowstone means that big game can regularly be seen wondering through the ranches. Chief Mountain Ranch occupies a superlative tract of land close to Glacier, so bears, moose, and elk are examples of potential hunting opportunities.
In addition to their livestock operations, Cinch Buckle and Antelope Springs see large numbers of antelope, mule deer, and game, providing a welcome distraction when not attending to the cattle.
The ranches above are just a sample of what is on offer in ‘The Treasure State,’ and if you find the West beckoning you, then Montana might just be the best place for you to start your new life.
For investors looking into cattle ranches, the state of Wyoming presents a fantastic proposition. Agriculture is an important driver of the local economy, alongside the extraction of minerals and tourism, with the state home to two of the most famous national parks in the United States: Grand Teton and Yellowstone.
The Land of Enchantment is the fifth largest state in the United States but also one of the most sparsely populated, making it a desirable location for people looking to invest in ranches across the state.
The landscape and ranching opportunities in Utah are first class and worth serious consideration when they arise. The state is renowned for its robust economy and excellent standard of living, making it an excellent time to invest; as such, Utah ranches for sale don’t stay on the market for long.
Montana, with its mixture of grasslands and high mountain peaks, is the quintessential destination for those looking to leave the big city life behind. Home to a wide range of national parks, the state is well-stocked with things to do at any time of year.