As we have noted in the past, water rights can be one of the most valuable components of your ranch. Operating throughout the Rocky Mountain region, we run into water rights stemming from several different river basins. Here’s our round-up of impressive properties with valuable water rights across some of these key basins:
Colorado River Basin
The Colorado River system, including the Colorado River, its tributaries, and the lands that these waters drain, is called the Colorado River Basin. It drains an area of 637,000 square kilometers (246,000 square miles), including parts of seven western U.S. states (Wyoming, Colorado, Utah, New Mexico, Nevada, Arizona, California) and Mexico. The basin is a crucial resource supplying water to about 40 million people and irrigating close to 4 million acres of farm and ranch land each year. To address diminishing flows and greater demand for water from the Colorado River, agricultural producers in Colorado’s west slope are participating in a voluntary pilot program that compensates them for temporarily fallowing their crops and letting the water run down the river. Read more here...
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