Whether you are in the land market for a working ranch, recreational ranch, second home or personal residence, there are certain criteria that must be considered before you make your decision. We have always heard the old saying location, location, location when it comes to purchasing real estate. The location holds many different meanings depending on the property type you are purchasing. Sometimes, this tends to be looked at on a smaller scale, meaning a Buyer of a personal residence may find a home located to near a school or shopping more appealing than a home being located next to the racetrack. More appropriate, a ranch Buyer may find a ranch more appealing being located closer to a stockyard than not. I would like to look at the location in a little broader sense, in particular, the value of Wyoming and why its location is more appealing than others.
Wyoming is currently ranked the second most tax-friendly state in the United States just behind the state of Alaska.
Below is a long list of the reasons why:
As you start to look at the tax savings Wyoming offers compared to other states, you will start to realize that there is hidden value in the state of Wyoming. If you are looking at two comparable similar ranches, one resides in Wyoming and one does not the choice is simple, the tax benefits in Wyoming will far outweigh most any other state. One could even justify a higher budget in Wyoming because of the annual tax savings or you could keep the same budget and just enjoy a better bottom line at the end of the year. So, if you are actively searching for a ranch or recreational property I would strongly urge you to compare the benefits that Wyoming offers compared to any of the other states you may be considering.
A rare jewel in the desert, the Monarch Ranch is located on over 5 miles of the pristine Devils River 30 miles upstream from Lake Amistad. Stunning views of the Devils River Basin and deep canyons greet visitors to the ranch as you climb over 300’ from the river. Fantastic hunting and fishing, miles of paved roads and a 6,000’ lighted and paved airport runway make the ranch extremely accessible in this dramatic country.
FORT ROCK, OREGON
This diverse opportunity in the Oregon high desert has three fully developed businesses: hay production, seed stock cattle, and solar electricity. The markets for hay, cattle, and electricity are in place and transferable. The solar project contains an expansion plan, the cattle have a client base, and the hay has established domestic and foreign buyers. The climate is conducive for the production of high-quality alfalfa hay, strong and hearty cattle, and clean, renewable electricity.
This western Montana ranch in the Avon Valley is about 50± miles from Helena. The core of the deeded acres and leased acres are comprised of mountain meadows and timbered hills. The majority of the ranch’s leased acres reach higher elevations in the Garnet Range. Strickland Creek and Davis Creek emerge in the Garnets, watering the ranch’s wildlife and livestock. With a resident elk herd that numbers several hundred during the fall season, Little Valley is a dream ranch for the sportsman.