In today’s episode of Farm Talk, Paul discusses liquid gold (or water, as it’s known in California). Farm properties in California are all about water – not just the availability of water, but also the cost of water.
Here in Southern California, summer is the arid time of year and farming is completely reliant on transporting water long distances. So, how we value farm properties is largely based on the cost of water. Neighboring properties can have drastically different water costs. One property could be low and yet the property across the street could be twice, three times, or even four times as expensive!
So when people are looking for farms, one of the primary questions is “What is the source of water?”. If it is county water, it can be significantly more expensive than well water.
Paul explains in detail how the water costs vary, and he breaks it down so that it is very easy to understand things like “acre feet”, and what the water cost of each acre of your farm may be per year. Water can become so expensive on some properties that it makes certain properties better for equestrian use, rather than farming.
This is a very interesting episode full of excellent information. Tune in to learn more!
For the past 17+ years I have specialized in selling country estates and ranches throughout Ventura County CA. This niche stems from my childhood, working long summer days on my grandparent’s citrus and avocado ranch near Santa Paula, just east of Ventura.
I love these types of properties, and it is my desire to help families, individuals and investors from all walks of life achieve their dream of owning a ranch or country estate.
The Paul Ward Home & Ranch Selling Team is committed to the specific needs of every client we serve.
We understand that trust is built over time, not instantly.
Providing our clients with the tools they need to make an informed and conscientious decision is an integral component of our mission. We act as trusted advisors while you, the client, are the ultimate decision-maker.
You can contact us at (805) 479-5004 or e-mail: Paul@homeandranchsellingteam.com