You need to understand the availability of water resource to use in conjunction with your land or property. Its absence will impact significantly on overall value.
What does the land or property look like without water? How is profitability affected? What will be the place look like? What is the opportunity cost of getting water from elsewhere?
The combination of climate change and population growth will create locations of water stress, where demand exceeds supply. The valuation of water as a separate resource will only go one way - up.
Of concern will be:
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