What is the primary purpose of water rights in real estate?

Water rights in real estate fundamentally revolve around ensuring water access for landowners. These rights are essential because they govern how water resources can be used or accessed by property owners. In many areas, water is a critical component for various land uses, such as agriculture, landscaping, and even for residential needs, making it vital for property owners to have secure access to sufficient water resources.

By having water rights clearly defined and protected, landowners can make informed decisions about their property, knowing that they have the legal entitlement to use the water available. This not only fosters responsible land management practices but also provides a level of security that contributes positively to the overall value and usability of the property.

The other options, while touching on important aspects of land and resource management, do not capture the primary focus of water rights in real estate as effectively as ensuring access for landowners does. Protecting property values, limiting land development, and maintaining ecological balance are important considerations but are more indirect outcomes influenced by the presence and regulation of water rights rather than the main goal itself.