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Made an offer on some farmland...Sask

T

TLZ

Member
Waiting to see what my wifes aunt says about our offer. We live in east central Saskatchewan. 320 acres which has 250 of tillable land. 160 acres butts up to ours, has a creek and good drainage($90000) the other one is 2 miles away($70000). Both are good for canola 40 bush/ acre and wheat 60 bush/acre. Older fence on both, usable with so labour. It just seems like Saskatchewan farmland is still undervalued to the rest of our Canada & USA and there is no reason for it. If you compare what values are in Montana, ND, Alberta & Manitoba we are still 1/2 per acre, hope she takes it...
Todd
 
Ha,
Soon you'll be like that Kansas farmer I used to know who liked to say: "I don't want all the land, just everything that joins me."
Good luck on the purchase. Let us know how it turns out.
 
Always exciting nervious time. ood luck.

Yea, you are looking at 160 acres for under $100,000, looks cheap to this southern MN fella but that's not comparing apples to apples. :)

We bought 40 acres 5 years ago for that, and 1/3 of it is either road easements or grass swampland. Price almost doubled since then, looked silly buying it at the time, now - looks good.

--->Paul
 
$13,270 per acre around here. You want mineral rights? $21,000 per acre. Get a little closer to the city... $45,000 per acre.

Try not to complain too much. Most of the land around here is getting planted with houses and new neighbors that don't like diesel exhaust or cow manure.

I live 25 minutes from this:

20081202092256Pittsburgh+skyline.jpg


There are very few farms that still exist with 15 minutes of downtown Pittsburgh. Its funny to drive through a suburb and see an old timber frame barn somewhere near the houses. You can tell someone had a soft spot and didn't want to tear it down when they turned the farm into suburgatory.
 
Autozone paid $400000.00 for a 1/2 acre lot just down the highway from my nephew. He inherited the rancher 4 years ago when my sister died. My parents bought the house when my brother and I left the farm for the military in the 1950's. They paid $11000.00 for the home. His neighbors were asking $630000.00 for their home last year, but never sold it. My nephew can't seem to hold a job for very long and doesn't have any money for repairs. He's now having serious health issues and has no health insurance. He's trashed the house with all his hoarding of old cook books. You can hardly get in the living room. I told him it was a fire hazard. Hal
 
Well, first you got a limited audience there. Have to live in Sask to own over 10? 20? acres? All you got there is what you can grow, the big numbers you see on here aren't average farmer brown guys, but oil and gas lease land, ethanol speculation, hey, at a profit of $200 an acre, how long is it to pay for $14,000??? Just half a story. You got no mineral rights up there do you? So at a couple hundred profit, in a couple years it is paid for, sounds fair and reasonable to me. I am a couple hours from the biggest cities in north America, and there are patches of land for less than a grand, and the guy that bought our place in New York state- less than an hour from Montreal, just bought a bunch of ajoining 'grown up hunting land' for about $150 an acre. A few hours south braggards are going on about the so called value of their farms.... cause of the potential gas pockets in Marcellus shale... not from milking cows.... i hope you get it, good luck!
 
S.Western WI Amish will buy up as much as they can get for $2000/Acre on less than prime ground....

Anything with huntable ground asking prices will vary from $3000 to $5000 an acre.

Lots of ground for sale has been for sale a long time.
 
When I bought my current home, I had hoped to buy a few acres aside of me if it ever came on the market.

It did recently, and it sold for 80,000 per acre.

I just wanted it for pasture for a couple of cows.

For that kind of money It'd make more sense to just buy a new cow every time one starved to death. :)

Starting to think seriously about a move. But kids are at a tough age for that with friends/school/ etc.
 
I broke down and spent $8k per acre in 1996. We just wanted out of the city, Houston, but needed to be close enough to get into town to work. At the time $8k was too much but it is what we wanted to do. It's now up around $50k per acre and not the country any more.

Appraised value of the land and tax rates are now such that you can't pay the taxes and make any money with any kind of ag use.

Too many city folks.

I'll shoot a varmint now and then and Sheriff will get a call about shots fired and come see me. He's real cool about it but has to respond.

You now have to go 50 miles further out to get under 10k per acre for junk ground with no ag value at all other than goat ranching.
 
My gram told me this one time. "the good Lord stopped making land a long time ago. If you want some you better get it when you can cause it doesn't stay for sale go long"
 
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