Investing in land has always been a wise investment strategy since the creation of property ownership. As the great John D. Rockefeller once said, “The major fortunes in America have been made in land.” Owner/Broker at Mirr Ranch Group, Ken Mirr, agrees. According to Ken, “2017 saw pent up demand especially for prime well-located recreational ranches following a slower 2016, caused in part by election year jitters and falling farmland prices. This demand combined with a strong economy really boosted ranch sales across the board. Despite rising interest rates and persistently low commodity prices in 2018, farm/ranch values are remaining strong right now. With population growth, land degradation/conversion and water demands with climate change, well managed large-scale holdings with security of tenure and diversified ecological systems shall remain popular with forward thinking high net-worth investors.” Make a wise investment in land. Here are some of our top smart investment properties.
Stream View at Elk Creek Ranch | Meeker, Colorado – $795,000
Stream View at Elk Creek Ranch is aggressively priced and an attractive opportunity for membership and ownership at the coveted Elk Creek Ranch, one of the country’s finest private fly-fishing ranches. The asking price of Stream View is less than twice as much as the most recent sale and below the lowest historic sale price at Elk Creek Ranch over the last 10 years, creating a very compelling value proposition. To learn more about this unique market and sale trend check out this blog about the strengthening market in this area. Read more here...
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