Implicit value of water rights in rural residential properties
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Implicit value of water rights in rural residential properties Deschutes County, Oregon by Loraine W. Kiest

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Published .
Written in English

Subjects:

  • Water rights -- Oregon -- Deschutes County.,
  • Residential real estate -- Valuation -- Oregon -- Deschutes County.

Book details:

Edition Notes

Statementby Loraine W. Kiest.
The Physical Object
Pagination95 leaves, bound :
Number of Pages95
ID Numbers
Open LibraryOL15443259M

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The right of landowners to waters that are in watercourses (e.g., streams, rivers etc.) that border on the landowner’s property.; The rights of landowners regarding ground or well water. The right of landowners to use surface water, such as standing rainwater and melting snow or to divert such water that would otherwise prove harmful to that property.   Water rights pertain to the legal rights of property owners to access and use bodies of water adjacent to lands they hold. Different types of waters rights exist based on various forms of water. The Impact of Rural Water Supply Systems on Property Values Executive Summary: As part of a USGS/NIWR G research project, the impact of rural water supply systems on rural-residential property values was quantified both in North Dakota and Nebraska. Rural water. Water right in water law refers to the right of a user to use water from a water source, e.g., a river, stream, pond or source of areas with plentiful water and few users, such systems are generally not complicated or contentious. In other areas, especially arid areas where irrigation is practiced, such systems are often the source of conflict, both legal and physical.

However, sometimes the water rights can belong to someone else. Here are the basics of water rights and how they affect real estate value. Water Rights. Water rights represent the legal right to use the physical supply of the water. This can include the ground water underneath the property, as well as any surface water such as lakes and rivers. rural residential properties in two counties in Michigan and found that pro ximity to lakes and open space increases the residential sales price, while prox imity to forest do es not af fect it. Guidelines for the Appraisal of Historic Properties: Joe R. Price, SRPA, MAI, CRE: Long Distance Water Rights: Ken Anderberg, Robert L. Smith and Les K. Lalmpe: Right of Way of the Future: Pole Line to Laser Beams: Ernest Franzoy: Safety and Liability Issues in Optical Fiber Communications: J. Edwards, D.L. Philen, R.C. Petersen and A. Safe water on rural properties - 7 - Chlorine Chlorine treatment is a low cost method of disinfection that is effective against a wide range of contaminants. To be effective in eliminating all contaminants, it should be preceded by filtration to remove sediments and larger particles from the water supply.

  Water Rights Can Have Major Impact on Property Values: Appraisal Institute Book. reliable opinions of value for properties involving water rights. “The Appraisal of Water Rights,” by Author: Robert Pegg. “The Effect of Water Quality on Rural Nonfarm Residential Property Values.” “Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition.” Agricultural Land Values and the Value of Rights to Future Land Development» View all Most Read articles. Cited. improved properties within the immediate area (mile radius). Information used in the report is as reliable as practical with confirmation through personal interviews or by telephone conversations with grantors, grantees, tenants, attorneys, or real estate brokers.   In other words, some water rights due to source are more valuable and reliable than other water rights. Does water rights allow you to irrigate the entire property, or just a limited amount. These are questions that need the answers to, before anyone can predict the value of the water rights.