Posts Tagged ‘nevada land with water rights’

Will There Be Water?

Thursday, January 27th, 2011

Will There Be Water? 

In the space of a lifetime, critical issues about water use, and the availability of fresh water will confront the world. Food production, municipalities, industry, and energy will all compete for a dwindling natural resource, Water.

 

Excerpts from Southwest Hydrology September/October 2008, with some Commentary!

Early in U.S. history, public policy was fashioned to encourage settlement of the West. Laws such as the Homestead Act of 1862 and the Desert Lands Act of 1877 were framed to transfer government land to settlers. In 1902 the Reclamation Act provided funding for construction and maintenance of western irrigation projects. In its first annual report (1903), Reclamation had this to say” so that the remaining public lands will furnish the greatest possible number of homes, is an object worthy of the sustained effort of enlightened and patriotic citizens”. The public works that followed included such things as Hoover Dam, Shasta Dam, Newlands project, Yuma Project, Klamath project, Hetchy Aqueduct, and many more. With the 1902 Reclamation act the face of the West was changed forever. It must be pointed out and understood, these efforts and projects were directed at irrigation needs, based on a population that farmed for a living. Nothing like the urban shifts projected today!

Basin and Range Carbonite Aquifer System Study

What is a Water Table?

NASA Data Reveal Major Groundwater Loss in California

Groundwater Depletion Rate Accelerating Worldwide

Then came the drought-at a magnitude that had no probability of occurring, according to U.S. Bureau of Reclamation models based on a century of historical data. Sorry science guys, in the big picture, a century of data, barely counts as a data base.

In the blink of an eye, half a decades work to manage the Colorado River and meet the supply requirement and commitments has faded, as have the water levels in the Colorado River’s two prime reservoirs. Lake Mead and Lake Powell.   Today science is telling to expect less in the furture.

Lake Powell Water Levels

The opportunity to own water rights in this arid region, especially at today’s prices will soon go by the way side. This offering price is currently subject to change without notice.

Some of our Blog Sites

Irrigated Nevada Farm and Ranch Land Blog

Land in Nevada Blog

Water Rights in Nevada Blog

Investing In Nevada Land with Water Rights

Thursday, January 27th, 2011

Fortune magazine, Clear back in the June 22, 2009 issue there was a good article on “Why Farm Land is Hot”. Why ETF’s are investing today for the long haul on the food and water shortages in our future. From 1960 to 2000 the world went from over one acre of arable land per person to just over a half acre of arable land per person.

 

Growing populations and the shrinking supply of arable land will be a key focus of humanity as millions starve in the not too distant future. Water in many locations is the key to food production.

 

Water rights in Nevada are our most valuable resource. Irrigated agricultural land is available and the prices are increasing. Many basins in Nevada are closed to any future additional water rights; the supply side is very limited and will not increase. While demand continues to grow, with or without future housing developments.

We have cattle ranches with live springs filling stock tanks to water the cattle, and the ranch owns those water rights. We have sections of land with irrigation pivots watering grains like wheat and barley, as well as potatoes, and alfalfa. These irrigation pivots are fed from wells on the land and the farmers own those water rights.

Many farmers are looking to lease this farm and ranch ground, offering reasonable rates of return to investors. You can own a half full strip mall with falling rents and potential future higher vacancy rates, or farm land with water rights.

If you have the means and are still not sure of the future demand, check out what the executives from some the  nation’s largest agricultural companies have to say about the future demand.
Buying or Selling Contact Chris W. Miller
to discuss purchasing Nevada land or Listing your Nevada Farm or Ranch. 435-862-5951
 

 

Nevada Ranch Properties

Lincoln County Land Market

Mesquite NV Real Estate Market

Nevada Water Rights

Independence Realty
8275 S. Eastern Ave. #200
Las Vegas, NV 89123 702-733-9337
With Offices in Reno and Fernley
Serving The Entire State of Nevada
 
 
 

 

 

 

Southern Nevada Water Authority’s Water Problem

Thursday, May 27th, 2010

Is Las Vegas going to run out of water? Southern Nevada Water Authority’s Water Problem.

May 26, 2010
I attended the Southern Nevada (CCIM) Certified Commercial Investment Managers Chapter monthly meeting at the Rio in Las Vegas. I went for one reason, the title and speaker,

How You May Be Impacted by Nevada’s Water Supply” presented by Pat Mulroy. Mrs. Mulroy is the general manager of Southern Nevada Water Authority.

As a long time real estate professional who specializes in agricultural land with water rights in Nevada, I talk with Nevada’s farmers and ranchers’ everyday; I was shocked by the introduction.

The lady introducing Mrs. Mulroy said about her, among other things, how wonderful she is, how hard she works, how powerful she is, and then she said, “and something I’ll bet none of you know about her, She HATES COWS”.

Mrs. Mulroy took the stage and went on to say “anything that dumb and big has to be dangerous” referring to cattle. The friendly crowd of men and women dressed in suits and ties laughed.

I on the other hand, immediately took umbrage, and thought to myself, I wonder if this lady realizes where the food in the grocery store comes from.

I took notes the whole time she talked.

Her presentation seemed to me to be based on the fear factor.

She talked about snow pack in Colorado this past winter being at 67% of normal. She talked about continuing drought conditions.

She explained that Lake Mead is running an annual deficit of approximately 2.7 million acre feet this year. There are 8.2 million acre feet coming in and 10.9 million acre feet going out.

Mrs. Mulroy explained the Lake Mead water level measurements  with future projections.

But first let me give you a little history, from 1939 to 2003 Lake Mead averaged 1173 foot elevation, the high water or maximum point for Lake Mead is 1229.

Today it stands at about 1094. Since the canyon narrows as it descends, the water level drops faster and faster as it is over drafted, so expect the drop to accelerate.

Mrs. Mulroy explained that at the 1088 foot elevation level they could lose the upper intake for the water supply to Boulder City and 40% of Las Vegas’s supply. 

She said, “At 1050 Hoover Dam stops generating power and that the dam supplies all of the electricity to Overton Power and Lincoln County Power.”

 At 1000 Vegas loses the lower intake that would literally cut off 90% of the water supply to Las Vegas and all of the water supply to Boulder City.

Work has begun on a so called third straw.  This so called third straw has been referred to as a bath tub drain.

Michael Johnson, Virgin Valley Water District hydrologist, told me years ago the aquifer that runs under our Mesquite Valley travels under Lake Mead, could they tap into it?

Pat Mulroy said, SNWA will be utilizing all the water rights it owns or controls in the Virgin River, which runs through Mesquite/Bunkerville and the Muddy River in Moapa/Overton”.

She stated that, Southern Nevada Water Association uses approximately 9.5 million acre feet per year, (that sounds like ten times too much to me) and once Lake Mead goes below 1025 there are only 4 to 5 million acre feet of water left in the reservoir.

 

She said the Lincoln and White Pine Counties pipeline will start construction in 2012 if the lake goes below 1075, period!

 

Her facts can be verified at:  http://www.snwa.com/html/wr_resource_plan.html 

She said ”If I have to set up a cot in Harry Reid’s office, I will stay until I get a permanent chair”. I did not know Harry passed out water rights! That job belongs to the State Engineer.

She said “the hyperbole (hyper exaggerations) coming from rural Nevadan’s about their water table concerns was childish.” She went on to say “the rural Nevada farmers and ranchers are being Pig Headed.”

She referenced a recent USGS Basin and Range study  that she claims shows plenty of extra water. I have not yet located any completed study.

What makes you think they will stop in White Pine County?

When I asked, she said the reason for the huge draw down or overdraft, according to a recent NASA study in California’s Central Valley was the result of farmers irrigating and lack of government regulation. New space observations reveal that since October 2003, the aquifers for California’s primary agricultural region — the Central Valley — and its major mountain water source — the Sierra Nevada — have lost nearly enough water combined to fill Lake Mead, America’s largest reservoir.

Finally for the record, she said “there are plenty of un-appropriated water rights in Nevada and the Snake Basin is next in her sights.”

She appears to me to be dead set on tapping into and draining rural East Central and Northern Nevada, Western Utah and Southern Idaho’s aquifers to supply Las Vegas.

 They did it to Pahrump, Nevada

When I questioned her, she lashed out at me, “Do you have a better idea?”

She said to watch for a favorable Moodys Rating Agency report coming out that should help support project financing in Las Vegas. I wonder if Moodys knows any thing about water. Remember the rating agencies said the Mortgage Backed Securities were safe and secure too.

She may be powerful, but based on her comments, attitude and general demeanor; clearly she is not as sharp as you would expect!

That does not mean you should underestimate her ability or determination to get this done.

You can learn more about me by searching “Irrigated Nevada farm and ranch land with water rights for sale” on any search engine. 

  • Chris W. Miller
  • Independence Realty
  • 435-862-5951
  • Land in Nevada

    Nevada Ranch Properties

    Lincoln County Land Market

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    Investing in Nevada Irrigated Farm and Ranch Land with Water Rights

    Monday, October 26th, 2009

    When most people think of farm land and ranch property, they think open ranges, hay fields, cattle and cowboys riding horses.

     

    Wall Street seems like a far off place in another world. A fast paced place driven by profit and greed.

     

    It seems the classic contradiction, slower paced, straight talking, down to earth folks making their living off the land verses the Bernie Madoff and George Soros types.

     

    Truth is, the story I am about to tell you just may be a little sad, because Wall Street is buying up the farm. Over the past few years investment power houses like BlackRock, and retirement plan giants like TIAA-CREF has been plowing money into farmland. In Nevada farm land generally means land with water rights, due to the arid climate.

     

    These are smart people who are motivated by money and profit.

     

    Here is the deal; the fundamentals are in place for a long term boom in prices for everything AG-related. Consider this; in 1960 there were 1.1 acres of arable farmland per person globally, according to data from the United Nations. By 2000 that number had fallen to .6 acres. Over the next 40 years the world population is projected to grow from 6 billion to 9 billion.

     

    According to Joachim von Braun, director general of the International Food Policy Research Institute, “Land is scarce and will become scarcer as the world has to double food output to satisfy increased demand by 2050”. “With limited land and water resources, this will automatically lead to increased valuations of productive land.” Von Braun goes on to say, “It goes hand in hand with water, Water scarcity will probably increase even more than land.”

     

    Water in Nevada is today in short supply and clearly demand will outpace supply as they continue to close basins to new permits. Water rights in Nevada have another issue facing the dwindling supply, the demographic shift of the baby boomers to the more tax favorable warmer climate. Choices, decisions, are being made today, do we use the water for agriculture and food production, or do we pipe to Las Vegas for culinary use.

     

    Farmers and ranchers want to stay in the business, but millions of dollars waved under their noses make it tough to say no to the sale. Many will stay on and lease to continue to live the lifestyle they love. These lease payments are cash flow on the investments. Could it be a win-win situation?

     

    Commodities guru Jim Rogers says, “I’m convinced that farmland is going to be one of the best investments of our time.” 

     

    Meanwhile, B.L. Harris, acting director of the Texas Water Resource Institute, knows well the problems of the Ogallala system. “The one big issue with regard to the Ogallala is the fact that the annual recharge is much, much lower than the extraction rate that we are putting on the aquifer at the present time. The aquifer is over-drafted to a substantial extent.” The Ogallala is one of the world’s largest aquifers covering 174,000 square miles; it runs from South Dakota to Texas. Some estimates say it will dry up in as little as 25 years.

     

    Farmers are smart and they talk, they may wear overalls and talk funny, but farming is older than Wall Street. Water and food are the sources of life for the planet, demand is guaranteed to grow. There are few guarantees on Wall Street. Farming is a difficult business, but it is a fine tuned machine, executed right it is a profit opportunity.

     

    Chris W. Miller is Nevada irrigated farm and ranch land specialist with ERA Brokers Consolidated. Chris has Nevada farms as small as 266 acres with ground water rights, to Nevada cattle ranches as large as 34,000 acres including rangeland leases, listed and available for sale. For information about Nevada farm and ranch land with water rights call Chris today 702-346-7200 or 435-862-5951

    Chris W. Miller

    ERA Brokers Consolidated

    Mesquite NV  89027

    702- 346-7200

    435-862-5951

    Mesquite Market

    chris@mesquitemarket.com

    Lincoln County Land Market

    Nevada Ranch Properties

    Land and Water Rights in Nevada

    Tuesday, September 15th, 2009

    Interested in the future of Real Estate development and agribusiness in Nevada? 

    Look closely at the water supply

    Southern Nevada Water Authority is planning a 327 mile pipeline to bring more water to the Las Vegas Valley at a cost of 3.5 billion dollars. This fact alone should tell you something about the available supply.

    Whether it is climate change, normal drought,  or increased demand, the future for water’s value has only one way to go. One thing is certain, we can not live with out it.

    Some say water will be more valuable than oil to future generations. At the most basic level it already is.

    Nevada Water Resources is sponsoring a dinner September 22, 2009, “Water Crisis in California: Challenges Faced by Metropolitan Water District to Adapt to Long-term Water Curtailments”.

    The term “prior appropriation” when it comes to water rights in Nevada could become very meaningful to those who may be asked to turn off the pumps. The State Engineers Office states it this way;

    Nevada’s first water statute was enacted in 1866 and has been amended many times since then. Today, the law serves the people of Nevada by managing the state’s valuable water resources in a fair and equitable manner. Nevada water law has the flexibility to accommodate new and growing uses of water in Nevada while protecting those who have used the water in the past.

    Nevada water law is based on two fundamental concepts: prior appropriation and beneficial use. Prior appropriation (also known as “first in time, first in right”) allows for the orderly use of the state’s water resources by granting priority to senior water rights. This concept ensures the senior uses are protected, even as new uses for water are allocated.

    Irrigated Farm Land and Ranching operations in Nevada generally own their water rights.  Farm and Ranch properties like  Diamond Springs RanchFlatnose RanchAdams PeakEden Valley, and others like the 265 acres in Lincoln County are all opportunities to own water rights.

    Areas of the state that are projected to experience explosive growth in the future in Lincoln County Nevada,   often referred to as transition land.

    If you would like to learn more about Nevada land for sale with water rights, I am here to serve you.

    Please call Chris W. Miller at ERA Brokers Consolidated 435-862-5951 or702-346-7200
     

    Chris W. Miller

    ERA Brokers Consolidated

    Mesquite NV  89027

    702- 346-7200

    435-862-5951

    Mesquite Market

    chris@mesquitemarket.com

    Lincoln County Land Market

    Nevada Ranch Properties

    Water Rights, Nevada Land, and Food

    Monday, December 8th, 2008

    The twentieth century was one of the wettest going back several centuries.

     

    University of Arizona scientist Connie Woodhouse said tree rings in the Colorado River basin indicate that the amount of moisture has fluctuated widely over hundreds of years, but has tended to be drier than was seen in the last 100 years.

     

    California ranks No. 1 in population with 37 million people and No. 1 in agricultural output at $ 36.6 billion in 2007. At the present time there is not enough water to supply both those demands. California is facing the most significant water crisis in its history. June 2008, the governor declared a state wide drought.

     

    A study released in February by the Scripps Institute of Oceanography in San Diego said there’s a 50 percent chance that Lake Mead could run dry by 2021. Several models by different scientist have made predictions about the future flow of the Colorado River, all of which forecast less water. The current usage is simply not sustainable said Tim Barnett, one of the Scripps study’s authors. “It’s a question of when,” he said. Lake Mead is the Las Vegas water supply.

     

    If the drought continues until spring, California water officials there are planning to ration municipal water deliveries and dry up as much as 200,000 acres of farmland, according to AG Weekly 12/08/08. Without adequate water storage we are putting our food supply in jeopardy.

     

    Land owners up and down the Virgin River Valley have either sold or leased nearly all the water rights in the Mesquite Valley to Southern Nevada Water Authority or Virgin Valley Water District. The fields will not be green next spring; there will be no hay to put up in Mesquite. The Virgin River feeds into Lake Mead.

     

    Added value to land with water rights, and irrigated farm land in Nevada. Nevada state water laws date back 100 years and are very clear. Laws vary greatly from state to state, and the Colorado River serves seven states. The control, use and ownership of water rights will dictate future development.

     

    Climate change is the wild card in all the predictions, the collision course between supply and demand is clear. Demand for food, and the future demographic population shifts are going to increase pressure. Increased storage capacity may be one of the answers for some areas. Limits on use and conservation will play increasingly bigger roles.

     

    For information about land in Nevada currently available with water rights and irrigated farm land in Nevada. Call Chris

     

    Chris W. Miller

    ERA Brokers Consolidated

    Mesquite NV  89027

    702- 346-7200

    435-862-5951

    Mesquite Market

    chris@mesquitemarket.com

    Lincoln County Land Market

    Nevada Ranch Properties

     

     

    Land in Nevada

    Sunday, November 23rd, 2008
    Nevada land for sale today offers far more than over priced Las Vegas lots and barren desert. Many small ranch properties and beautiful vacant parcels exist from a couple of acres to thousands of acres are available. While the State of Nevada also has more public lands than any other of the lower 48 states.

    Much of the Nevada land is yet undiscovered by retirees, that is changing. Life style along with affordability are the main reasons for the new interest. Domestic wells are allowed and for many new owners that is all the water they will ever need. Others wishing to actually do some farming will need to have water rights.

    Nevada land with water rights is available, knowledgeable buyer representation is extremely important. So if you have always dreamed of living the slower lifestyle filled with the stuff of the old days, Nevada land my be for you. For help with finding your dream in Nevada’s land market call me.

    Chris W. Miller

    ERA Brokers Consolidated

    Mesquite NV  89027

    702- 346-7200

    435-862-5951

    Mesquite Market

    chris@mesquitemarket.com

    Lincoln County Land Market

    Nevada Ranch Properties