Living on a ranch can give you a sense of independence, privacy and freedom that you would rarely, if ever, find in a city. Whether you are thinking about ranch land for your own personal use, or as an investment opportunity, there are perfect opportunities for potential landowners out west.
Building a second home on your ranch land will give you the perfect place to escape the hustle and bustle of everyday life. With land prices at reasonable rates throughout the west, you should be able to find exactly what you are looking for among the many western ranches for sale. Creating a personal vacation destination with your ranch land gives you a way to enjoy what the land has to offer, while its value increases over time.
When it comes time to retire, you can choose to either stay where you are now, or you can move to a place with a much lower cost of living. Ranches typically are located in areas with a fairly low cost of living, especially when compared to urban areas. You can make your nest egg stretch a lot further when you don't have to pay $8/lb. for ground beef and $4+ a gallon for gas. By building a home on land you own when you retire, you do not have to worry about rent increases, or noisy neighbors.
Over the past 15 years, land prices have been steadily rising everywhere in the U.S. The old saying "They aren't making any more new land" rings truer now than ever before. As the U.S. population grows, land is only going to become more and more in demand. By looking into western ranches for sale now, you can lock in your price per acre before it goes up in the future. Between 2005 and 2014, the average price of ranch land throughout the U.S. went up from an average of $750/acre, to $1275/acre. Though nobody knows for sure what the price per acre of ranch land will be 10, 20, or 30 years from now, there is a good chance that it will be significantly higher than it is today.