By Jim Toth and Dave Halgerson – Fay Ranches
Buying a ranch in the west in today’s market has brought on a new meaning to investing in land. With the value in many other investment options fluctuating drastically from week to week, property is looking more and more like a safe harbor for money. Looming inflation combined with excellent value opportunities have convinced many buyers to invest in a recreational ranch. In addition to value, recent buyers have pointed to the fact that recreational ranches are a finite commodity, there are fewer every year and they can be enjoyed during ownership as one of our clients observed, “Ranches are the one real estate product that there are fewer of every year. Even with beach front real estate, there is the opportunity to saturate the market by continued development as we’ve seen over the past decade. I feel safe investing in a quality recreational ranch because I know that next year there will be fewer, and my ranches give my family a place to gather and have fun.”
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