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Raymore land auction

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  • furrowtickler
    Senior Member
    • Dec 2004
    • 22542

    Raymore land auction

    Land sold for $115- $170,000. Is that the going value in that area for similar dirt ?
  • Oliver88
    Senior Member
    • Dec 2012
    • 4688

    #2
    How does this work out to a multiple x assessment?

    2 x assessment?

    Comment

    • farmaholic
      Senior Member
      • Sep 2010
      • 17489

      #3
      At what point does there become too much on offer at once?

      Another block. Man some people work a lifetime to try to put something like that together.

      Anyone there? Lot's of interest or a bigger block get put back together?

      Comment

      • farmaholic
        Senior Member
        • Sep 2010
        • 17489

        #4
        ....lot's of answers on Ritchie's Auction results about quality and such...

        Comment

        • Oliver88
          Senior Member
          • Dec 2012
          • 4688

          #5
          Originally posted by furrowtickler View Post
          Land sold for $115- $170,000. Is that the going value in that area for similar dirt ?
          It appears in the last 24 months the average cultivated acre in the RM of Mount Hope #279 sold for $1075. ($903-$1321 based on 7 sales)

          The one 148 acre quarter I randomly checked that sold was assessed at 81,400 and sold for 170k.
          2.09 x assessment
          $1149/acre

          Comment

          • farmaholic
            Senior Member
            • Sep 2010
            • 17489

            #6
            ....lot's of answers on Ritchie's Auction results about quality and such...

            Comment

            • Daylate
              Senior Member
              • Oct 2009
              • 588

              #7
              I farm in 279, yes it sold for average, but some of it is pretty "Western" back there. Took the quad to the sale and travelled through a lot of it. Very wet and rutted up from harvest last year. More so than expected. Very few straight lines between all the sloughs, water runs bushes rock piles and creeks. I must be losing my ambition, cause I couldn't get excited about it at all.

              Comment

              • furrowtickler
                Senior Member
                • Dec 2004
                • 22542

                #8
                Is it possible that after seeing the potential of his dirt at Birch hills , and knowing the very limited production of that poor land at Raymore that he just got rid of a head ache ? Me thinks so .

                Comment

                • farmaholic
                  Senior Member
                  • Sep 2010
                  • 17489

                  #9
                  Tell the new buyers and the neighbouring land owners that. Not everyone is blessed with utopian farm land, some people make the best of what they have, good or not as good.

                  Comment

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