land auction today

**farmaholic** · Apr 19, 2018, 21:52

Those are some interesting results. Some sold for about 1X assessment and some well below that. High was only about $1000/ac.........

WTF&Y

Too much for sale at once and not enough buyers

Some quality issues(based on assessment)

Screen shot in next post....

**ajl** · Apr 19, 2018, 22:04

Some bankers will be busy reviewing financial statements tomorrow looking for negative equity. Though the Yorkton sale was reasonable too with cultivated ground at $1200 per cultivated acre. Around or under assessment. Some of the better ground selling here east of Edmonton recently, seemed to maintain the 500 to 600K per quarter of the last 5 years. Poorer stuff here just stays for sale for years as sellers won't take less.

**farmaholic** · Apr 19, 2018, 22:06

Screen shot of area, compare it to rbauction listing map to locate quarters that were sold.

**farmaholic** · Apr 19, 2018, 22:11

A couple of quarters at Sintaluta Sk sold for $331,000 and $341,000.

$248800 and $219000 fair value assessment, west half of same section.

**farmaholic** · Apr 19, 2018, 22:23

Use the road for reference

**makar** · Apr 19, 2018, 22:32

High point of insanity was the rycroft land sold on the 13th, poor grain slash cow dirt, sold up to 420000. I know i live there.

**farmaholic** · Apr 19, 2018, 22:36

Alberta's nuts........

Right BP?

**iceman** · Apr 19, 2018, 23:01

Originally posted by farmaholic View Post

Those are some interesting results. Some sold for about 1X assessment and some well below that. High was only about $1000/ac.........

WTF&Y

Too much for sale at once and not enough buyers

Some quality issues(based on assessment)

Screen shot in next post....

Anyone from that area? What's the deal?

Iceman Out

**farmaholic** · Apr 19, 2018, 23:04

#4 - 160900 - 170000 - 152
#3 - 161400 - 170000 -121
#1 - 96700 - 170000 -120
#6 - 93500 - 95000 - 118
#7 - 108200 - 95000 - 146
#5 - 107400 -95000 - 159
#10 - 117700 - 89000 - 150
#9 - 137400 - 89000 - 150
#14 - 99300 - 81000 - 140
#2 - 93100 - 81000 - 90
#8 - 117100 - 81000 - 130
#26 - 81800 - 77000 - 100
#15 - 102200 - 76000 - 150
#31 - 90400 - 74000 - 110
#32 - 109200 - 74000 - 140
#27 - 96400 - 74000 - 126
#21 - 103900 - 71000 - 150
#11 - 118200 - 71000 - 150
#13 - 80400 - 71000 - 150
#20 - 86900 - 71000 - 140
#12 - 101400 - 71000 - 159
#16 - 94400 - 71000 - 60
#18 - 95000 - 71000 - 140
#23 - 86800 - 71000 - 130
#19 - 102500 - 71000 - 80
#17 - 88700 - 71000 - 140
#30 - 98500 - 70000 - 140
#28 - 89300 - 70000 - 140
#29 - 74100 - 70000 - 140
#25 - 102600 - 54000 - 50
#24 - 94200 - 54000 - 50
#22 - 58600 - 54000 - 121

Column one, fair value assessment
Column two, Auction price
Column three, cultivated acres

There were bundles/packages.

DYODD

land auction today