Posts marked: Ranch Values

Recreational and Agricultural Property Investors Market Snapshot

After discussing the ranch market with Fay Ranches brokers in our 10 offices spread across 5 states, I can confirm the following information accurately represents the market. The value of purely recreational ranches has corrected more dramatically than ranches that have agricultural income whose value is entirely or in part commodity driven. Both asset types have stabilized: the income-producing ranches have begun to rebound and the recreational ranches are poised to rebound.

There is an increase in buyers trickling back into the market. Fay Ranches closed more ranch transactions in 2011 than in any previous year in the history of the company. We see a recognition of value in the market by experienced buyers. All these factors point to an excellent time to invest and enjoy both recreational and income-producing ranches.

-Greg Fay

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Getting into the Holiday Spirit

Earlier this month, Colorado Fay Ranches broker Coble Thurman attended a holiday tradition in wintery Grand County.  Each December family members join together over a snowy weekend for the annual Tree Trimming Weekend.  Located off the beaten path, tucked away hidden in the massive pines quietly sits a private, historic ski lodge reminiscent of the early days of skiing.  Members enjoy ski in/ski out access, private room lodging along with wonderfully chef prepared meals served with festive cheer.  On one afternoon, the older members hike up the property to locate, cut & carry back the Christmas tree back into the cozy, vintage ski lodge.  This year's light snowfall made this a much easier task than in year's past as Colorado has yet to receive it's first big snow storm of the year.  

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Fay Ranches Featured in the Bozeman Airport

Bozeman, MT – To begin the new year, Fay Ranches will be showing up at the new terminal of the recently re-named Bozeman Yellowstone International Airport, formerly Gallatin Field Airport.

Fay Ranches will be featured in a 30-second spot that rotates with other sponsors during the MontanaPBS programming that will run daily from 5 am to midnight on 15 large HDTV monitors. The new $40 million terminal serves scheduled flights on Alaska, Allegiant, Delta, Frontier, and United airlines.

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Jackson Hole Mountain Resort Ranked First by Forbes

Forbes magazine has rated Jackson Hole Mountain Resort the number one ski resort in the United States, which comes as no surprise to those of us lucky enough to live or grow up here.

TetonsLong known for its challenging terrain and legendary vertical drop, the masses are now more aware of the resort’s varied terrain for all skill sets, its incredible amenities (Four Seasons, Hotel Terra, Shooting Star) and a new, bigger airport with direct flights from Chicago, Dallas/Ft. Worth, Denver, Salt Lake City, Atlanta and Los Angeles.

DID YOU KNOW?

Fay Ranches Jackson Hole broker Mike Jorgenson grew up in Jackson, and has made both the resort and the many other recreational activities offered in this valley his playground for over 30 years.

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Dressage and Horse Properties in Montana

Dressage? In Montana?  When I think of dressage, Princess Anne comes to mind, or the rarely-televised event in the Olympics, or the perfectly green and manicured rings found in …. Connecticut??  New York state?  In fact, as a born and bred ranch girl from Montana, I wasn’t even sure what dressage was, until I attended a show this past summer right here in the Gallatin Valley.  Do I know anything more about dressage today than in August?  The answer is no, but it was the most beautiful combination of balletic grace and athleticism on the part of both horse and rider that I have witnessed.

Equestrian rider competes in dressage competition in Montana

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An Oregon Ranch Broker's Day

Oregon Ranch Broker, Rob Ezell, reluctantly crawled from beneath the down quilt looking to find a pair of something to put on - his feet already cold from touching the wood floor which feels more like an ice rink. After the coffee pot is warm, three cups of delicious brew chased by a smoothie will tide him over until lunch.

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Wyoming Ranches Moving

Glen Haven Ranch

Glen Haven Ranch in Johnson County, Wyoming

Buffalo, WY – Fay Ranches broker Mike Fraley has been involved in several ranch transactions in Wyoming recently. Climbing commodity prices and rising export markets have boosted Wyoming ranch sales. By the close of this year, seven Wyoming properties with which Fay Ranches has been involved will have been sold since May of 2011, totaling just over $17 million in sales.

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Fall Hunting on Private Farmland

PheasantsFay Ranch's Colorado broker Coble Thurman recently spent a cool fall weekend hunting pheasants with friends and business associates on private Kansas farmland.  Bird numbers were a bit below average this year, but with the help of a few quality hunting dogs working the cornfields, the group enjoyed great success. Their experienced host/guide had local knowledge of where to go to provide the group of 20 hunters with the best opportunities, a must in these parts of the country.

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State Land 101 for Montana Landowners...Lease Rates on the Rise

Recently I was asked by an aspiring ranch owner about the blue squares on Montana topographic maps which indicate state owned lands. How are they managed? Can they be leased or purchased? In general, how do state owned lands impact me as a ranch owner in Montana?

These are great questions. Because state owned lands are scattered throughout Montana, encompassing over 5 million acres, many Montana ranches border state lands or lease state lands. Here is some background and basic information that you should know about state trust lands.

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Happy Thanksgiving from Fay Ranches

At this time of Thanksgiving we pause to count our blessings. The freedom of this great land in which we live. Its opportunity for achievement. The friendship and confidence you have shown in us. For all of these things we are deeply thankful. Our best wishes for a Happy Thanksgiving

Cranberry Pear Upside-down Cake


Ingredients

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