Distinctly Montana Magazine

Distinctly Montana Summer 2015

Distinctly Montana Magazine

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w w w. d i s t i n c t ly m o n ta n a . c o m 11 SonnyToddRealEstate.com W e K n o w M o n t a n a . 406.932.1031 info@sonnytoddrealestate.com Do I want a recreation or working Ranch? Is your ranch dream 40 acres with fantastic views and close to civilization, or do you want to run cattle, harvest hay and market mineral rights and hunting licenses? What are the water rights and issues? A water right is a property right, but if you don't use it, you lose it. Make sure you understand "first in time, first in right" when evaluating your water resources. What do I need to know about access and bordering property? Make sure you understand the ranch's easement, access and boundary issues. Knowing your neighbors and their rights may save you a great deal of aggravation and stress. Is the location of the ranch right for me? Montana is the fourth largest state. There is an incredible amount of land...and distance...between points. How remote do you want to be? As Tom Brokaw told Dave Letterman: "You want three things: You want water, you wanna be near an airport and you don't wanna be too remote." What Improvements will I have to make? There are many hidden costs to ranch ownership, from repairing old buildings to restoring the land. Thoroughly assess the cost of improvements and management and factor that into your decision process...and the price you will pay. 5 Things to Know When Buying a Ranch The "todd" Team

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