It's an unusual investment strategy, to be sure, but like other kinds of U.S. real estate, recreational
ranch land values nosedived in the downturn, shedding as much 50 percent from the peak in certain markets.
Not exact matches
«It is also a concern to people who are buying
ranch land,» says Grenz, who owns an organic blueberry farm in the Fraser Valley, because it can erode
land values, clog streams and incur a substantial clean - up bill.
The stability impacts the surrounding
land values and
ranches resulting in
values that go up over time.
It is in that scarcity that
value is born in rural,
ranch, farm and recreational
land.