I used to think water rights were something you sorted out after closing — just paperwork you'd eventually untangle. That changed when a friend bought 40 acres in eastern Oregon with a beautiful seasonal creek running through it. Looked great on paper. Turned out the water right was junior, practically worthless during drought years, and the upstream senior holders were very much aware of their priority. She had no legal access to that creek when she needed it most.
People obsess over road access and mineral rights, which matter, but in the arid West, water rights ARE the land's actual value. A parcel without a senior water right or a reliable permitted well is a depreciating asset the moment climate pressure hits.
Before you fall in love with any rural property west of the 100th meridian, pull the water right certificates from the state database yourself. Don't wait for a title company to hand you a summary.
Anyone here bought land where the water situation was worse — or better — than represented at closing?