Friday, May 9, 2008

Cities in a Slump....Rural on the Rise

While the housing market is in a slump, rural land values continue to rise. Farm Real Estate Values Escalate According to Montana Ag Statistics, the value of non-irrigated cropland increased $100 to $730 per acre in 2007, compared with 2006. Pat Hansen, for the Montana Standard, continues....

The value of irrigated cropland was $3,700, an increase of $900 from 2006. Pasture values increased $200 to $850 per acre. Montana farm real estate values have been steadily increasing, and have more than doubled in the past three years.

In 2001 the average value of all farmlands was $350/acre and in 2006 it was $760/acre. Non-irrigated cropland was worth $355 in 2001, $370 in 2003 and $730 in 2007. Irrigated cropland was valued at $1,470 in 2001, $1,580 in 2003 and $3,700 in 2007. Pastureland more than tripled in value during the past five years from $240/acre to $850/acre.

The increase in farm real estate values is attributed to non-agricultural factors, including relative low interest rates and strong demand for non-agricultural land uses. Demand for farm real estate as an investment continues to be a strong market influence.
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Wednesday, May 7, 2008

MT Nature Benefits from Stream Bed Restoration

The Big Hole Valley in Southwest Montana is home to some of the most picturesque and productive ranches in the state. The "Big Hole" grazes more cattle than any other county in the U.S. The beautiful Big Hole River meanders through this large, high elevation valley surrounded by snow capped peaks. The 100+ year old cattle & hay outfits have been passed down through several generations. The ranching traditions here run deep, but recently, area ranchers teamed up with the state of Montana to help wildlife that share their most precious resources, the water.

Montana Fish Wildlife and Parks worked to educate some Big Hole Valley ranchers on stream bed restoration. A Bozeman area filmmaker produced a film highlighting the cooperative efforts of these groups restoring the streams shared by livestock and wildlife, specifically, the rare Arctic Grayling. The film, "Fish & Cow, Restoring the Upper Big Hole", sponsored by the Nature Conservancy, was finalist at the Jackson Hole Wildlife Film Festival.

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Photos by Wayne Mumford for the Nature Conservancy

Saturday, May 3, 2008

So you think you can dance? MSU POW WOW

If you're in the Bozeman area this weekend, don't miss the annual Pow-Wow! A don't miss colorful cultural event. A weekend of friendship, dancing and singing. Enjoy the variety of dances and songs from religious, to war and social. The MSU pow wow is one of Montana's largest. The student produced, non-profit event is free and open to the public. Browse the booths of traditional art and foods. Audience members can participate in dance, as well.

Interested in learning more about the Native American Pow Wow tradition? Click here: What is a Pow Wow ?

Interested in SW Montana property? Search MT property at
MSU photo by Stephen Hunts.

Friday, May 2, 2008

The Historic Riverwood Ranch Fly Fishing Park, Bozeman, MT

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MLS# 141695
The Historic Riverwood Ranch Fly Fishing Park
Asking Price: $2,850,000
Type: Residential
Bedrooms: 3
Bathrooms: 4
Lot/Acreage: 11+/- acres
Address: 75 Josie's Lane, 11 acres Riverfront
City: Bozeman
State, Zip: MT, 59718

The Riverwood Ranch Fly Fishing Park. 11+/- acres of a historic family ranch with 1/8 mile of W Gallatin River frontage. Park-like Meadows, woods, and spring fed creek loaded with trout. A sanctuary of flora and fauna.

New, creek-side architecturally designed home incorporated into a historic family log cabin. Designed to bring the elements of the environment in and to showcase artwork. 300 SF fully contained guest log cabin.

Can be sold with adjoining 12+/- acres + cottage #141694. Contact Leah
Recently featured in AT HOME Magazine!
Click here to see feature article
Click here for Plat Map