Those looking for safe haven, preservation and growth for their investment dollars realize that food and water, the basics to sustaining life have a broad secure market. It is estimated that that the world’s population will grow by another three billion hungry people over the next twenty short years. Irrigated agriculture farm and ranch land, and the control of  Water Rights, when managed right, these limited resources have little long term, downside risk.

The future growth in demand is virtually guaranteed. Many basins are already closed or designated basins to additional Water Rights  being issued. Priority dates may become more important. For a thirsty world, this market will only get tighter.

Much of the Western United States in that the era of expanding irrigated agriculture has come to an end. In fact, the number of irrigated acres is declining.

The current commodity price explosion is leading higher demands on water resources. Producation of virtually every commodity consumes water.

Solar Project, Large Water Consumer 

Oil Industry Water Use

Advice From A Billionaire: Invest in AG

Price of Farmland Still Gaining Ground

Federal Reserve says Farmland Values Increasing

The information contained on this web site has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

Due to the nature of the real estate business, market conditions are always changing.This is and always will be a work in progress, and subject to change.

Land in Nevada Blog

"Smart" Money's Infatuation With Farmland

 Ag industry gears up for population growth

CNBC PRESENTS “LIQUID ASSESTS: THE BIG BUSINESS OF WATER”

Nevada's water law is based on statutes enacted in 1903 and 1905 and are founded on the principal of Prior Appropriation. Unlike some other states, Nevada has a statewide system for the administration of both ground water and surface water. Appropriative water rights are based on the concept of applying water to Beneficial Use and "First in Time, First in Right." Appropriative water rights can be lost through nonuse and they may be sold or transferred apart from the land.

Due in large part to the relative scarcity of water in Nevada and numerous competing uses, Nevada has had a thriving market for water transfers for a number of years.

Irrigated farmland, once granted, water rights in Nevada have the standing of both personal and real property- meaning they are conveyed as an appurtenance to real property unless they are specifically excluded in the deed of conveyance. It is possible to change the water's point of diversion, manner of use and place of use by filing the appropriate application with the state engineer.

Water Storage Pond

Chris W. Miller ABR, CRS, GRI      435-862-5951  

Vegas Grand Realty & Property Management
8275 S. Eastern Ave. #111
Las Vegas, Nevada 89123

702-525-0585  Office

Valuable Resources and Complicated Issues Deserve Professional Representation. 

Contact Chris W. Miller to discuss purchasing Nevada land or Listing your Farm or Ranch.

About Chris W. Miller