Colorado Water Rights All Wet

A new record was set for a key Northern Colorado water asset that was auctioned by Scott Shuman of Hall and Hall Auctions. The August sale of the Fred Sekich Farm generated a total of $15,545,920 with roughly $13 million attributable to water rights. One unit of water from the Colorado-Big Thompson went for $65,867, a new record for the water from the massive project. The property, which the Sekich family has held for generations, is located just north of Firestone and spans 546 acres. Although it is appreciated for its agricultural options, the biggest attraction is its water rights. “Water is gold,” Rick Sekich, one of the selling family members, told the Denver Post in August. In fact, one of the most appealing parcels features a small lake in addition to views of Longs Peak.