FREQUENTLY ASKED QUESTIONS
Where is the Riverbed Ranch located?
It's located in Juab County, Utah, at the border of Tooele County. When we first saw the land, we were worried it was too far out. Now, with all the craziness from COVID, we're wondering if it's far enough!
You can see where it's at by googling "Utah OSR Land Co-op", clicking the map, and zooming out.
Why are the land and construction costs so low?
We're Utah's first and only non-profit land developer, so we're saving everyone from 30 to 40% on construction costs.
Is this a legitimate development?
Here's some links to demonstrate the legitimacy of our project:
1. Browse here: https://secure.utah.gov/bes/ and type in "Utah OSR Land Cooperative" and you'll see our registration with the State of Utah as a non-profit.
2. Then browse here: http://18.104.22.168/recorder/taxweb/search.jsp and in the field "Last Name First Name" type in "Utah OSR Land Cooperative" and hit "Search". That will show you all 9 parcels of land that make up Riverbed Ranch and that we are the owner.
3. Here is the official map for the Utah Division of Water Rights that governs the use of well water in Utah: https://maps.waterrights.utah.gov/EsriMap/map.asp.. If you know where to look, you can zoom in to Riverbed Ranch and you will see the map I have attached. It shows that we have assigned water rights to all 150 parcels.
Will we be building any other states?
Our long-term plan includes building similar communities in AZ, WY, ID, and Alberta Canada.
Are there payment options?
Because the Riverbed Ranch is being developed by a non-profit organization and not a deep-pocketed investment group, payment plans are not an option.
Is this an HOA community?
We have no interest in setting up an HOA. Home Owner Associations were invented to preserve property values; our goal is to preserve lives and lifestyles, not property values.
Are there building restriction?
The homes will need to be permanent and pass Juab County's building inspections. They use the International Building Code. The County also requires the homes to be engineered to a 115 mph wind load and a 30 pounds per square foot snow load. Since this is an off-grid community, the homes will have to be able to stay warm in the Winter and cool in the Summer. To that end, most of the 70+ families are planning some combination of:
• Solar panels for electricity
• Passive solar home designs
• Geothermal heating and cooling elements
• Highly-insulated walls and ceilings
What are the next steps to purchasing a 2-acre plot of land?
Next step would be to figure out how you will fund building out your farm-stead.
Our current shareholders are working on building their farm- steads, and our best guess is that it will take a minimum of $170,000 complete on average.
After you have a plan to fund the cost of building, the next step would be to schedule an appointment to review the Shareholder Agreement. We will go through this with you (paragraph by paragraph), answer any remaining questions.
After signing the agreement, you will be required to pay $25,000 for your 2-acre share in the community.
Then comes the fun part! Picking your lot! Here's a map.
You will have 3 years from the time of purchase to build your passive solar home, set up your water well, your septic system, and build your barn & greenhouse.