The lush luxury of living on the Arkansas River in Colorado,in a beautiful home with views of sunsets, mountains and jumping fish is an awesome one! Or how about the quiet cabin with the river view watching wild life such as deer walk past your window?
But some things buyers don’t factor into a dream home on the Arkansas River are bugs, mosquitoes, snakes, wild animals destroying property, flooding, occasional fog, mold and drop in guests who want to share your dream house.
Most of the property along the Arkansas River is BLM, privately owned by large estates, owned by the state, county or city and /or is in conservation. If a smaller property does go on the market for sale be prepared for high listing price. Supply and demand along the river is as strong as ever. So if a property does become available remember CASH IS KING, BE PREPARED TO REACT QUICKLY.
Check with the resources listed below to see if your insurance will be effected by FEMA and if the property is in a flood plain. Water rights can be sold separately, therefore do not assume you have the right to use the water passing your back door. Check to see if the property has had insurance claims for floods in the past. There are many properties for sale within a short distance to the Arkansas River! Some will be in a flood zone others won’t be.
More info: http://www.realestatecoloradostyle.com/buy-property-on-the-arkansas-river