Water Rights in Nevada are considered an appurtenance to the land. Lincoln County Nevada land and water rights are part of the Colorado River drainage basin. Thirty million people rely on the Colorado River for their water supply. Las Vegas receives 90% of its water supply from Lake Mead. Lake Mead has dropped to levels never seen since it was being filled in the 1930s.
Land with Water Rights In Lincoln County Nevada is a limited supply commodity with a very large future demand.
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!
Ten years of drought have left the entire Southwestern United States including tens of thousands of acres of food production land at risk. Hoover Dam is in jeopardy of not having adequate water flow to produce electricity. Will the lights go out in Los Angeles?
Eight BIG water projects are currently proposed in four states. The one most relevant to Lincoln County Nevada, is the ground water transfer project to build a 327 mile long pipe from East Central Nevada to Las Vegas. They propose to transfer 164,000 acre feet per year of groundwater from six basins, at an estimated cost of $3.5 billion to build. The project actually entails 200,000 afy with 36,000 afy being left in Lincoln County. The EIS study is intended to insure and protect existing water users and environmental resources from unreasonable effects. Nevertheless, many rural Nevadans object to the project, believing it may impact their region despite these precautions.
Climate change and global warming predictions aside, demographic shift projections are clear, 8000 Americans turn 60 years old per day today and the migration West will continue for around twenty more years. The peak birth year was 1960, they are currently 50 years old! Many are looking to The Silver State of Nevada as their future home, for many reasons, weather, taxes, etc. The shift has already begun and Las Vegas, Mesquite, Coyote Springs, Toquop may be just the beginning. Water as everyone knows is vital to sustain life. Water may be more valuable than oil or gold one day soon!
Those looking for safe haven, preservation and growth for their investment dollars are realizing that food and water, the basics to sustaining life have a big future. It is estimated that the worlds population will grow by another three billion hungry people over the next twenty five short years. There are two things that will not change, the world is not adding any more land and the planet is not adding any more water. Those who own and control these limited resources have little long term risk, the future growth in demand is virtually guaranteed.
As Colorado River Dwindles, Homes and Farms Face Supply Cuts USA Drought Monitor
Our goal is to provide you with current Lincoln County Land Market information you can use to make good buying and selling decisions. Market knowledge is your key to buying, selling, and investing right.
Whether you are looking for the dream retirement site or a large ranch with water rights, Lincoln County Land Market will help you understand the market.
Valuable Resources and Complicated Issues Deserve Professional Representation.
Serving all of Nevada's Ranch, Farm Land, and Water Rights Markets.
Chris W. Miller ABR, CRS, GRI 435-862-5951
Vegas Grand Realty & Property Management 8275 S. Eastern Ave #111 Las Vegas, Nevada 89123 702-525-0585 Office
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.
The information contained on Lincoln County Land Market. com has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.
