![]() Protecting scenic viewsheds for the traveling public-in other words, if a property is highly visible, scenic, and can be viewed from a well-traveled roadway, it has a higher conservation easement value.Some of the critical elements for a conservation easement include: Governments have set aside some of your tax dollars to compensate landowners for agreeing to spare their lands from development. People don’t want to see subdivisions and strip malls everywhere. Why do governments sponsor conservation easements? What properties are the best candidates for a conservation easement? The payments and benefits involved can be very significant-as much as 50% of the value of the property. On other occasions, new buyers see an opportunity to create tax strategies and end up owning the property at a significant discount, once the tax credits and cash payments are taken into account. Sometimes the landowner has had the property in the family for generations and doesn’t want to see it turned into strip malls or housing developments. A landowner can gain very beneficial tax credits and even cash payments for placing a property in a conservation easement. In most cases, it’s a financial decision, but many landowners also want to preserve their properties from development. Why put a conservation easement on a property? The easement is perpetual in nature and cannot be easily removed. Generally speaking, the purpose of an easement is to prevent future development of the property. ![]() I have also placed a conservation easement on my own property, which was a great learning experience for me to advise other property owners.Ī conservation easement is an agreement between a conservation group and a landowner that places certain restrictions on the use of the property. As a Colorado farm and ranch broker, I’ve transacted eight or nine conservation easement properties, which is a small percentage of my overall farm, ranch, and land sales. Conservation easements can have large ramifications for the properties involved and must be studied carefully before buying a property with an easement or placing one on a property. Of all the farms, ranches, and large properties, however, only a small percentage of them have conservation easements involved with them. Ask any real estate broker, and you’ll find that large acreage sales take a lot more expertise than selling a regular home in town. Ranch real estate is a specialty niche in real estate, there’s no doubt. United Country Colorado Brokers & Auctioneers CONSERVATION EASEMENTS ON RANCH PROPERTIES. ![]()
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