land prices

[perfecho]

South of Edmonton, (and likely down the whole highway 2 corridor) has been 4000 to about 4500 per acre. And it's been farmers, although dairy is sometimes involved.

[jd3007]

I talked to a realtor in Yorkton the other day. He said the thick black soils in area north of Yorkton are getting $1850/acre and that is the high around there. And it isn't sitting long. Major influence though from Hutterite colonies that have recently established at Norquay, Kamsack, and Rhein. Average quarters with Oxbow loam soil are bringing on average $900 - $1200 but there have been some as high as $1400. This land is moving mostly to locals but at a slower pace. Lower quality black soils, pasture, and hayland are listed are at $650 - $1000/acre. Again this is moving to locals and is moving about the same as pace as the average soils and all to locals. Very few Alberta cowboys interested in the lower quality land even though cattle prices are up. Investor interest was quiet too. This area will see a correction like everywhere else but probably to a lesser extent as we have not seen the high prices other areas have.

[stonepicker]

case ih, yes that's what it was selling for this past year. As has been mentioned on here already, price varies, in the last 3,4 years alot of land has changed hands, the majority of it 2,500. to 3,000. a broke acre. Local hutterite colony has been a big buyer, but there have been a number of farmer to farmer sales this past year at 3,000. per broke acre.

[freewheat]

Per "broke" acre all right!!!

[blackpowder]

There will be corrections. But thinking long term. As long as stable growth exists in the most populous countries, the politically stable, developed, production acre will increase or hold value.

[stonepicker]

is that a pun freewheat? a " broke " acre. You could be right lol.

[freewheat]

Yup, twas a pun. Unless these guys are growing something illegal, how can those values pay? And also, why don't they quit and click their heels and live their lives as they see fit, rather than buy more.

If I was offered 2 or more grand an acre? I would walk away, no question. And I am just a little guy. But I would be set for life.

[burnt]

Are you western guys seeing many buyers coming from here in Ontario?

Our land values are beyond insane, and I know of a few that are selling out here and moving west.

A couple of years ago, 2800 CHU land was selling for 10,000 and now it's pushing 20,000.

All the product of supply management - the dairy guys are the epitome greed on steroids and the feather guys think they are entitled little princes who don't have to lift a finger to earn their cheques.

So, moving west looks mighty attractive for someone like me who has a couple of smaller farms and beef cows that have traditionally had no hope of paying for the land they walk on.

(Until last year's calf crop, that is. :-))

[burnt]

*...epitome of greed on steroids...

[jake550]

Again... there are ALWAYS Reasons land is "cheap" in some areas. trust me.