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    • Rangeland Ecology & Management, Volume 58 (2005)
    • Rangeland Ecology & Management, Volume 58, Number 2 (March 2005)
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    Ranchland Ownership Dynamics in the Rocky Mountain West

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    Author
    Gosnell, Hannah
    Travis, William R.
    Issue Date
    2005-03-01
    Keywords
    ranch sales
    landowner typology
    amenity buyer
    ownership transition
    
    Metadata
    Show full item record
    Citation
    Gosnell, H., & Travis, W. R. (2005). Ranchland ownership dynamics in the Rocky Mountain West. Rangeland Ecology & Management, 58(2), 191-198.
    Publisher
    Society for Range Management
    Journal
    Rangeland Ecology & Management
    URI
    http://hdl.handle.net/10150/643251
    DOI
    10.2111/1551-5028(2005)58%3C191:RODITR%3E2.0.CO;2
    Additional Links
    https://rangelands.org/
    Abstract
    We examine the rate of ranch sales and the nature of ranchland ownership change in the Rocky Mountain region. Interest in this phenomenon is high because ranches represent the largest parcels of private open space and relatively natural landscapes in the West and because anecdote, media coverage, and testimony from range professionals suggest that a significant turnover in ranch ownership is underway. Ranch sales activity is of special interest to groups seeking to conserve both ranchlands as habitat and ranching as part of the regional economy and culture. Very little work has been conducted on ranchland ownership per se, although we were able to build on studies of ranchland prices and on surveys that included some questions relating to operational goals, tenure, and future plans. The literature also offers a foundation for a ranch ownership typology. We tracked sales of ranch properties of 400 or more acres in 3 Rocky Mountain counties for the period 1990-2001, finding turnover (sale) rates from 14% to 45%. With help from local real estate agents, appraisers, and county officials, we classified ranch buyers according to a simple typology and found that the majority of acres sold (54%) went to ‘‘amenity buyers,’’ and 62% of acres sold went to out-of-state buyers. This 12-year slice of ranch sales suggests a significant ranchland ownership transition to a new type of owner is, indeed, underway in the Rockies.  
    Type
    text
    Article
    Language
    en
    ISSN
    0022-409X
    ae974a485f413a2113503eed53cd6c53
    10.2111/1551-5028(2005)58%3C191:RODITR%3E2.0.CO;2
    Scopus Count
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    Rangeland Ecology & Management, Volume 58, Number 2 (March 2005)

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