The best way to understand my “Best Lists”, is to read a few of these important notes on what they are, and also noting a few of the terms and ranch definitions I use in my analytics. Here’s that stuff, it’ll take just a minute:
Consist of every ranch property over 1,000 acres, Currently ON-the-market in Colorado, as well as numerous smaller parcels, 300-1,000 acres, that are good recreational ranches or specific Fishing and Hunting properties which still represent great ranch values for what they are and how they complement this list. Then I factored out the strictly working-ranches, the commercial operations which had no other recreational or use component. After that, I break out the value components and features of them all, and spread them all side by side; Location, Size, Price, Improvement Allocations, Stream Frontage, Access, proximity to Fed Lands, proximity to resorts, access to airports, etc. etc. I compare and sort everything from my Proprietary Database oversighted with experience!
In all cases, a price-per-acre ($/Acre **) figure is quoted when stating values. Be advised here, it is not the only rating factor by any means, but one of many, for each list is a result of many operations and many views. Price/Acre is certainly a valid and verifiable indexing tool that yields insights and meaningful sorts, one basic way to sort order from chaos, but never as a single tool.
** (In each of the cases where there are improvements on the property, we have accounted for the value of those improvements in our calculations).
I introduce you to “Value Zone”; an index I’ve created, used for the condition of sorting ALL properties; a sort, which places all properties in context of all other similar properties, and their relation to economic spheres of influence. It is a part of my proprietary analytic systems. Value Zone is how I qualify the neighborhoods the ranches are in. I compare apples to apples. It is just another way my analytics effectively isolate relevant market values and relations. The Value Zone analysis is what makes that possible. Here are the three Value Zones described:
VZ-1: The Ranchlands within or adjacent or proximal to the major recreation resorts: Vail, Aspen, Steamboat.
VZ-2: It is that lower-priced, in-between country; found between or on the edge of those markets of destination recreation (where higher priced real estate is the norm). These are lands where you are paying less for the name than you are the land. Much of the same kind of land found in VZ-1, but further out… great buys in this Zone!
VZ-3: A long ways from anywhere, and not economically driven by recreation markets. Generally larger and more remote
In addition to Value Zone (VZ), I have created the following two zone codings as well: River Zone (RZ) and Hunt Zone (HZ), to help further define and catalog the Fishing and Hunting experiences on those types of ranches, comparing quality, quantity and character on an even plane.
RZ-1 equates to the larger, better known rivers such as the Roaring Fork, Frying Pan, Colorado, or Arkansas Rivers, where the species are plenty and populations healthy.
RZ-2 are a bit smaller, but still great rivers such as Tarryall Creek, Middle Fork of the South Platte, or the San Miguel. Again, with varied species and healthy populations.
RZ-3 includes the smaller creeks and streams that still can provide fun and challenging fishing experiences with small fish”…Fishing is available.
HZ-1: if they contain certified trophy big game and are in a noted trophy GMU area; and they must also be large enough to provide an exceptional private hunting experience.
HZ-2: if they contain good game populations but are not of trophy caliber.
HZ-3: those ranches where the hunting exist, but it is not in great hunting area, has lower populations, fewer species, modest success.
Once all data is assembled for a segment I want to study, I sort ALL the ranches, by multiple sorts, each showing an analytical perspective contributing to the ranch value ranking. My spreadsheet workbooks are huge with data, each containing as many as 15-25 different worksheets which answer many different questions and cast light on many different shadows. Now, all of a sudden, value relations are much more clear, and you realize you get more bang for the buck with certain properties than others! It’s a far better way to compare properties than any other ever, and results in crystal clear decision-making. ALSO results in sharper negotiations to get what you want for what you want.
Here at LandrethRanchList.com, I consider a wide variety of different types of ranches. My many lists will come from Recreational Ranches, Hunting Ranches, Production Ranches, Fishing Ranches, etc. Here is an explanation for a few of them… clearly you will see many different types when the BEST LISTS continue to be posted here, and I’ll carefully define each segment.
In Colorado is generally located in or near the mountains, has live water, easy access to Federal Lands (USFS, BLM, STATE). It is generally suited for many styles of recreation, including but not limited to: Summer and Winter recreation, Hunting, Fishing, Family vacations or corporate retreats, Horses & Cows, hiking, 4-wheeling, log cabins & lodges, woods & meadows, and it’s found at elevations generally ranging from about 6,000’ to 10,000’. In addition, for some time now the value of ranchland has been an attractive hold for well-heeled investors who understand the opportunity provides recreational use at the same time.
“There are two kinds of Hunting Ranches from my perspective, the True Hunting Ranch and the Hunting Access Ranch:
The “True Hunting Ranch”, is what I consider to be a large ranch upon which you can expect to have an exceptional private hunting experience. Some ranches will offer a large volume of animals and species, where on others you may have the opportunity to harvest a magnificent specimen of a specific species.
The “Hunting Access Ranch”; it is a smaller property of hundreds of acres, not thousands, located proximal to a great hunting area, thereby granting access to a large hunting experience, much public. There are a number of these great smaller hunting properties and what makes them great is that not only do they give you access to so much great territory, but they are much more affordable. For these smaller Access-style ranches, the Hunting Zone rating is still appropriate, dependent as it is on the quality of the hunting experience.
Valuation is much more determined by the quality and quantity of the fishing experience, size and style of water, stream basin, and location. Fishing ranches may be smaller because they center on the water, but there are many large acreage ranches that have so much more. Many fishing ranches present an opportunity for river restoration and enhancement as fisheries.
These are those ranches, generally larger, which focus on production of Hay or Cows. That being said, there are many of them that also have inherent recreational value… the big Cow ranch that has 20 miles of fishing streams would be an example.
I recognize that the lists I develop are completely relevant, and accurate, BUT, none of these lists are based on YOUR parameters if you are a ranch buyer. I understand that.
SO, let’s build Your own “Best” List,
Let Landreth Ranch & Land Co., Ltd. go to work for You