Inheriting Land in Wyoming? Here’s How to Sell

Inheriting land in Wyoming can feel like both a blessing and a burden — especially if you don’t plan to use the property yourself. Whether it’s raw acreage, a ranch, or a vacant lot outside town, selling inherited land comes with legal steps, emotional decisions, and paperwork that can feel overwhelming at first.

If you’re thinking, “I inherited land — now what?”, this guide will walk you through what to do next.

Step 1: Confirm Ownership and the Title Status

First things first: make sure you legally own the land.

If the previous owner passed away with a will or trust, the land may transfer directly to you. But in many cases, it will go through probate — a legal process that settles the estate and assigns rightful ownership.

Ask yourself:

• Is the land already in my name?
• Did the previous owner leave a will or trust?
• Am I the only heir, or is this co-owned with family?

If you’re unsure, check with the county recorder’s office or consult a probate attorney. Without a clear title, you won’t be able to sell. If you need help navigating this, I have experience with inherited land and am here to help!

Step 2: Learn What You Actually Own

Once ownership is confirmed, get clear on what the property includes:

• How many acres is it?
• Does it have access to a road?
• Is it zoned for residential, agricultural, or recreational use?
• Are there mineral rights, easements, or liens?

Many inherited parcels in Wyoming are rural or landlocked, which can impact value and marketability.

Step 3: Get a Professional Valuation

Before listing, it’s smart to understand what your land is worth in today’s market. You can:

• Work with a real estate agent who specializes in Wyoming land
• Review comparable land sales in your county

Keep in mind: Land value in Wyoming can vary widely depending on location, access, utilities, and use potential — not just size.

Step 4: Prepare the Land for Sale

Even if it’s raw land, preparing it for sale can help you stand out to buyers:

• Gather documents: legal description, past surveys, tax history
• Clear brush or debris, if accessible
• Mark property corners if possible
• Note anything unique: views, wildlife presence, proximity to public land

Step 5: Decide How You Want to Sell

There are three main paths to selling inherited land in Wyoming:

1. List it on the open market with a real estate agent
2. Sell directly to a land buyer
3. List it as FSBO (For Sale By Owner)

If you’re not local or want a fast sale, working with a specialized land agent or cash buyer can save time and stress.

Step 6: Handle Taxes and Inheritance Costs

Good news: Wyoming has no state inheritance tax, and most people won’t owe federal estate tax unless the estate is very large.

Still, you may owe:

• Capital gains taxes if the land increases in value after you inherit
• Property taxes while you hold the land

Tip: Ask a CPA about your cost basis and any IRS Form 8949 requirements if you sell.

You Don’t Have to Navigate This Alone

Selling inherited land in Wyoming doesn’t have to be complicated — but it does require a few clear steps. If you’re unsure where to begin, reach out. I specialize in helping landowners just like you navigate the process, understand their options, and get a fair sale price with less stress.

The post Inheriting Land in Wyoming? Here’s How to Sell first appeared on sellmywyomingland.com.