This is a unique and rare opportunity to purchase a large water right located in the Upper Missouri River Basin with moderate seniority. The Upper Missouri River Basin extends from the Missouri River headwaters to Morony Dam (located about 10 miles below Great Falls, MT). The Upper Missouri River Basin has been closed to new water right appropriations since 1993 and it is unusual to find a water right offered for sale. The following video produced by the Montana DNRC will help you understand Montana’s water rights.
Water Rights and Historical Beneficial Use
WHAT IS A WATER RIGHT WORTH?
The following document produced by Loticwater.com in 2012 helps explain water right valuations.