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Montanan Land Source's news and events from around Montana that relate to land, ownership, mapping auctions and more.

Posted: November 14th 2019
The Southwest Montana Farm & Ranch Brokers had an informative meeting, with Max Hansen, Managing Director of Accruit giving an update on the current state of 1031 Exchanges, and Sean Puckett, CFA, Founder and CEO of NextGen Private Wealth presenting on Delaware Statutory Trust (DST) 1031's.   The slides from the presentation are available below.  
Posted: November 14th 2019
Congratulations to Bill and Dana Milton of the Milton Ranch in Roundup, Montana.  Bill and Dana were honored with Montana’s first Sand County Foundation Leopold Conservation Award for their inspirational work managing their ranch with a conservation ethic to improve the health and resilience of their rangeland.     
Posted: November 7th 2019
The November 2019 Billings Farm & Ranch Brokers meeting was well attended, with Andy Rahn from Montana Land Source giving a presentation on Montana land market values and trends, focusing on eastern Montana.  In addition to the presentation, there was an open discussion on the land market from the group that included brokers and appraisers. In general, the consensus is that the market is...
Posted: October 23rd 2019
The Silver Spur Ranch has gone under contract with the purchaser of the property being an area land owner.  Purchase negotiations took place between the buyer and seller at the auction, with the deal being made prior to auction.  The transaction will be pending for 30 days.  
Posted: October 2nd 2019
We often get requests at Montana Land Source for land market statistics and analysis.   We have a page on our website dedicated to land value trends and statistics - https://mtlandsource.com/montana-land-values-trends.  This page has links to the video and slideshow for the 20th Annual Presentation on Rural Montana Land Values & Trends, that took place in January 2019 in Bozeman, MT. A Broker...
Posted: September 23rd 2019
The Northern Montana Farm Land Auction, held by Shobe Action & Realty, took place last Friday in Shelby, Montana.   The auction property is 1,863 +/- acres of dry cropland and CRP with organic certification history, located in Toole County, Montana, approximately 30 miles northwest of Shelby below the Kevin Rims. The auction was well attended, however the highest offer did not meet the seller...
Posted: September 17th 2019
Yet another national article on billionaire ranch owners in the west was published last week by Bloomberg.  While there can be no doubt that high-net-worth individuals play a role in the western land market, and that land values are such that only people with a high net worth can afford large holdings, articles like this perpetuate the myth that there are wealthy buyers out there with more money...
Posted: September 14th 2019
Andy Rahn from Montana Land Source will be giving a presentation on the Montana land market at a private event at the Horsethief Basin Ranch, southeast of Lewistown, Montana.  Western Ranch Brokers is now accepting a limited number of reservations for qualified parties to attend this private day-and-a-half event featuring an overnight stay in one of the guest cabins at the ranch, full driving...
Posted: August 29th 2019
The American Prairie Reserve, a non-profit organization that has set out to create a wildlife conservation area of over three million contiguous acres in northeastern Montana, has announced the purchase of the Blue Ridge Ranch located approximately 45 miles southeast of Malta in southern Phillips County. The 14,122-acre property is comprised of 9,695 deeded acres and 4,427 leased acres, and...
Posted: August 26th 2019
The demographics of land buyers are changing, as Baby Boomers age out and younger generations, with different values and lifestyles step into the marketplace. Historically, Montana land has been a good long-term investment, and ranch buyers could "play" cowboy while sitting on an appreciating asset. However, management of that asset can be a great deal of work and costly. While wealthy Baby...