What Should I Expect to Pay for a Quality Ranch?
What you can expect to pay for quality ranch properties is as variable, if not more so, as buying a home.
Just like a residential property, the asking price for your ranch depends on considerations including size, location, improvements, curb appeal, and the strength of the real estate market.
Over many decades, ranch real estate has proven to be a safe harbor from many of the uncertainties and fluctuations found with other common investment vehicles, especially Wall Street.
Photo: A Lewis Family Thanksgiving at the Ranch. That's me at the far left.
Spending My Thanksgivings on the H.W. Lewis Ranch:
Grandma Always Made the Turkey Dressing
Thanksgiving is a uniquely American holiday that each year speaks to our love of country, family, the bounty of the earth, gratitude, and tradition.
From sky-high co-ops in Manhattan to log cabins in the Rockies and beach cottages in Hawaii, families and friends gather once a year to eat, toast, laugh, play, and give thanks.
For me, Thanksgiving on the ranch was and remains an unsurpassed experience. If you’ve never had the sublime pleasure, I recommend it wholeheartedly.
How Does Acquiring a Ranch
Differ from Buying a House?
Making a wise investment in a ranch property needn’t be difficult, but it does entail a different set of skills and poses risks that differ from most people’s experience when buying a home.
Ranching offers a wonderful, healthful, lifestyle. Like a family home, it becomes the cornerstone of your family life, often for multiple generations.
Ranches have consistently proven to be savvy investments when purchased and maintained with a careful eye toward eventual resale value.
Since You Asked, Here Are My Answers
Many people have questions about buying or selling a ranch. Some people are just curious; others are owners of existing ranch properties, or serious about buying a ranch.
At The Ranch Broker, we have more than three decades of hands-on experience answering questions for both casual inquisitors and those who have “skin in the game.”
While buying or selling a ranch isn’t complicated when you know what you’re doing, it can appear daunting – especially to those who are weighing a ranch transaction for the very first time.
Enter, “Ask Lem,” my series of short, to-the-point videos that answer some of the most common questions I hear – from both buyers and sellers.