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 The Costs of Owning a Ranch

The prospect of owning a ranch can be both exciting and daunting. There is much responsibility, along with the reward of investment. The upfront cost of purchasing a ranch is just the beginning. Once the land is yours, you are responsible for upkeep, development and most importantly, the costs.

Initial Investment

Your initial investment depends on location and acreage. Purchasing ranch land, depending on how many acres you want, can be an affordable option. Prices can range from a few thousand dollars to millions. Financing makes it more affordable, based on your terms.

The costs of owning a ranch don’t end there. Although a good investment, getting caught up in the fantasy of being a rancher can be harmful if you aren’t informed. You need a plan for what you want to do with the ranch, which will of course incur more cost.

Developing Ranch Land

It’s exciting to be part of the dream that many have had for years. Once it is yours, what should you do with it, and what will it cost you? There are several options when developing ranch land, and each of these comes with its own set of costs, which include:

  • Operational/working ranching – This includes agricultural use, such as ranching livestock or growing/developing goods. You have to figure in the cost of purchasing livestock, feed, preserving the land for continued use and more. Whether you’re part of the operation or not, you will need to hire help to operate and build facilities to house animals, workers and family if you plan to live there.
  • Recreational/dude ranching – The cost of developing a recreational ranch will depend heavily on its use. A resort will need lodging, hired help, upkeep and beautifying of the land and buildings, different amenities based on the level of the resort from low- to high-end, recreational activities such as stocked lakes, amusement and other activities for guests.
  • Boutique ranching – This is a combination of ranching types and will incur both costs of owning a ranch.

Land, of course, appreciates in value, but the continued costs of owning and maintaining a ranch can be considerable. You also have to factor in your yearly tax payments.

The Brooks Companies have been in business selling ranch land for over 40 years and can help you find that perfect piece of land to make your dreams of ranch ownership a reality.

 

A Hobby Farm - It's Not Just an Investment, It's an Adventure

Your purchase of ranch land can mean the cultivation of a “hobby” farm and a host of other more personal benefits. Here are a few of the more noteworthy ones.

A Selection of Pristine Western Ranches for Sale

There’s nothing like private ownership when it comes to property.  This is why the western ranches for sale in Wyoming, New Mexico and Arizona are being picked up quickly by both young investors and retired buyers. The ability to build your own ranch on surveyed land is as attractive as ever, now that real estate is back en vogue since the housing crisis has been resolved.

The Benefits of Buying Land in Wyoming

Buying land is like owning a piece of the future. The Brooks Companies are real estate developers that have been enabling people to secure their piece of America for over five decades. This established land development company has ranch parcels available in New Mexico, Arizona, and Wyoming. No matter which stage in life you are in, you can reap the rewards of buying land. Contact a friendly Brooks Companies representative  to learn more about this opportunity. 

New Mexico Ranches for Sale are Quite the Draw

New Mexico ranches for sale are being picked up quickly, as investors are apprised of the great deals. You can use the prodigious acreage for a wide range of purposes, such as establishing a dream home for yourself and your children. For more information, contact The Brooks Companies; you could be in the American outback sooner than you think.

Spring Flower Ranch May be Your Next Stop in AZ

If there's one thing that really makes Arizona ranch land living entirely different and a great change from the typical home development choice, it has to do with the wide open spaces available and a type of living that is far closer to natural land and environment than any other housing choice can offer.

Back to Basics: Living On Wyoming Ranch Land

 If you like the idea of living closer to nature, consider buying Wyoming ranch land. Young couples looking for a beautiful place to raise your family or you older folks hoping to find your ideal retirement spot, will want to take the time to investigate the incredible beauty of Wyoming. Even if you are only looking for a sound investment, you should check out this ranch land opportunity.

Land Investments for Ranch Living

Have you  dreamed of owning your own property, far away from urban living and the hectic pace of modern life? Or, perhaps you're a young entrepreneur seeking land investments because of the tremendous appeal they have to disenchanted urban dwellers? In either case, these opportunities exist in the Great American West. There literally couldn't be a better time to purchase than the present. The Brooks Companies can offer you prime ranch land investments in various sizes, which include some of the most breath-taking western vistas in America.

Fast Facts about Route 66 and Tourism in Williams, Arizona

Located just outside of Flagstaff, Williams, Arizona is one of the most beautiful gems in the western landscape. Located right beside the most famed highway in the world, the history of Route 66 and the beautiful scenery in the area continues to attract tourists and road purists from around the world.

5 Best Cattle Breeds to Raise in Wyoming

Ranching is an integral part of Wyoming agriculture. Raising cattle is the backbone of the agricultural industry in the state. Raising a quality herd can create tidy profits that you can use to build and grow your ranch.  The following are four breeds that will fatten your wallet if you take the time to fatten up your herd before taking them to the sale barn.

7 Reasons you want to move to the Cities in Wyoming

Wyoming remains one of the least populated states in America. It is no longer the state where everything is out there in the middle of nowhere. More and more Americans are making the cities in Wyoming their home. Here are some reasons why you should consider joining the band wagon.


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