The cowboy culture has long been a part of the American tapestry, and it continues to play a significant role in the West’s ranch real estate market. Ranches and other properties with a cowboy lifestyle appeal are in high demand. And ranches for sale with that western lifestyle appeal are commanding impressive prices.
There are a number of reasons why the cowboy culture is so popular with ranch buyers. The cowboy and western lifestyle appeal to many. The chance to own it and live it is very tempting for those with the means to make it happen.
The Cowboy Way
For many, it represents a way of life that is both rugged and independent. Cowboys are often seen as being hardworking, self-reliant, and resourceful. They are also often associated with traditional values such as family, community, and patriotism.
Ranch real estate investors who find the lifestyle appealing will look for properties that make living out their dreams possible. Big, legacy ranches are very popular. And the market for these spreads is robust. For sellers, appealing to buyers interested in the cowboy lifestyle is a good way to get top dollar for their ranch real estate. For buyers, options for ideal properties that live up to the cowboy culture are rare. That’s why a good broker is an absolute necessity.
Working with cowboys
In addition to the lifestyle appeal, cowboy culture also offers a number of practical benefits for ranch owners. Cowboys are skilled at working with livestock and horses. And they are often knowledgeable about the land and the environment. This makes them valuable assets for anyone who is looking to manage a ranch and protect a ranch real estate investment.
Finding good help is a challenge. Investors would be wise to work with their brokers to identify properties and sellers who might have some of these personnel issues already handled.
Living the cowboy dream
The cowboy culture is also a major tourist attraction. Millions of people visit the American West each year to experience the cowboy lifestyle. This tourism can provide a significant boost to the local economy. It can also help to support the demand for ranch real estate.
For ranch owners, offering visitors a chance to experience the cowboy culture up close can also be a good stream of income. Some landowners will offer simple infrastructure for possible guests. They’ll rent cabins, guest houses, or even a ranch house that might double as a bed-and-breakfast. Some ranches even offer guests activities like cattle drives, branding help, or educational tours. Showing revenue from this low-impact business venture is a great way to improve ranch value and educate outsiders on western ranching.
Final word
There’s no doubt the cowboy culture is having a major impact on the ranch real estate market. With the help of Hollywood and television shows like “Yellowstone,” ranches and other properties with a cowboy lifestyle appeal are in high demand. But, inventory levels are at all time lows.
If you are looking to buy or sell a ranch in the American West, Harrigan Land Company would love to connect with you to help make that dream a reality.
