Laramie, WY (June 27, 2014) – The Wyoming real estate market remains one of those most divided in the country, with over 50% of the state’s residents living in the city of Cheyenne. With the mass amounts of available acreage throughout the rest of the state, the supply has always easily met the demand, keeping land prices controlled and consistent.
However, in 2012, things began to shift and prices hit an upward trend that still continues. Although the increase isn’t dramatic, it is indicative of what to expect over the next five years. Wyoming’s real estate values started rising when most of the country was still seeing decline. 47% of the market is made up of land sales, allowing for a vast range of properties to suit any budget.
Because of this, real estate investors are increasingly seeing Wyoming as a solid investment, with the area outside of Cheyenne home to the most attractive properties.
Wyoming’s appeal has also extended its reach, as people from both the east and West Coasts of the United States are moving inland for the wide open spaces, scenic views, quiet lifestyles, and a chance to live off of the land.
Situated close to the Colorado border, and a stone’s throw from the towns of Laramie and Cheyenne, one such ranch has recently hit the market, and is the epitome of ranch living in WY. Wild Horse Ranch, aptly named due to the wild horses that consistently run the open fields of the ranch, appeals to those who want a piece of the western lifestyle.
The appeal of Wild Horse Ranch is its 9,000 acres of rolling hills and scenic views. They are split into private 40-acre parcels at the base of Snowy Mountain Range and Lake Hattie. With the ability to purchase a smaller portion of a large ranch, it allows for more flexibility and attracts a variety of buyers. However, there is no cap on how many parcels can be purchased, making it an attractive deal for investors planning to resell parcels as the market for land continues to improve.
Big Wyoming Land, which finances and sells ranches in Wyoming, Arizona and New Mexico, sees about 10% of buyers actually building a house on the newly acquired property within the first two years. Many hold the land as an investment for their children or grandchildren, or set up a small hunting or fishing cabin to retreat to a few weeks out of the year. The appeal of having a ranch in WY is that the owners can do with the land whatever they please, and it has proven to be a solid investment for the future.
Big Wyoming Land has information about current ranges and land for sale on their website, www.bigwyomingland.com
Big Wyoming Land was created to help connect people interested in investing in Land in WY, AZ and NM, with people who were ready to get a taste of Western life. They have a variety of ranches for sale, with attractive financing options. Whether you want land for hunting, fishing, scenery, raising livestock, vacation home or primary residence, their Ranch Specialists can help you find the perfect place for your and your family. For more information, visit www.bigwyomingland.com or call 1.888.405.8775.