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Why land is worth much more some places

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  • AlbertaFarmer5
    Senior Member
    • Oct 2010
    • 12533

    #31
    Originally posted by SASKFARMER View Post
    6400 cult plus an additional 3200 if you want.
    You had me interested at the $2500/acre mentioned above. But at double that, I think I will stay here in the cold wet swamp.

    Comment

    • SASKFARMER
      Senior Member
      • Dec 2005
      • 6977

      #32
      Yep, you would, or have to or an investor. Or a New Hutt.

      Yes, Freeland would love the revenue.

      Comment

      • SASKFARMER
        Senior Member
        • Dec 2005
        • 6977

        #33
        We could have got what you were thinking when the Redland deal was done with the Teachers pension plan.

        Thanks for looking someday my ship will come in and I'll be at the airport waiting for a train. HAHAHA

        USA Dollar exchange Friday $23,469,956.75 Skippy can come and get me.

        Comment

        • LEP
          Senior Member
          • Feb 2007
          • 2502

          #34
          Originally posted by SASKFARMER View Post
          6400 cult plus an additional 3200 if you want.
          So the most recent sale which was a new high is at $2,500/ acre and you are floating $4,700?

          I would say you are a tad high.

          Comment

          • SASKFARMER
            Senior Member
            • Dec 2005
            • 6977

            #35
            Am I, If I get what I want ill quit and retire. If I don't well I don't have to quit and retire we can play some more. It's all about the game. It's just that a ****ing big game.

            Comment

            • Oliver88
              Senior Member
              • Dec 2012
              • 4688

              #36
              Originally posted by bucket View Post
              Can that farm pay for itself....at the current prices?

              To make P&I payment you would need 3 million clear after expenses every year
              No and the lenders don’t seem to worry about these details.

              Comment

              • AlbertaFarmer5
                Senior Member
                • Oct 2010
                • 12533

                #37
                I was considering your offer, so I checked back on agriville and it turns out that your area has endured 15 years of flooding followed by five straight Years of drought all within the last 10 years. So I think I will pass. But if you really do want to sell, you may want to have a word with whoever has been posting The weather troubles, Might not be a selling feature.
                Last edited by AlbertaFarmer5; Dec 6, 2020, 15:23.

                Comment

                • SASKFARMER
                  Senior Member
                  • Dec 2005
                  • 6977

                  #38
                  Our yields are always up their but yes we did get 15 years of wet and now five dryer that allowed us to get back to where we were. Most years when rain crosses the valley it gets us.

                  Sorry but even Melfort isn’t a sure crop area. Swift definitely isn’t.

                  Comment

                  • SASKFARMER
                    Senior Member
                    • Dec 2005
                    • 6977

                    #39
                    Maybe we’ll move?

                    Comment

                    • farmaholic
                      Senior Member
                      • Sep 2010
                      • 17482

                      #40
                      Originally posted by LEP View Post
                      So the most recent sale which was a new high is at $2,500/ acre and you are floating $4,700?

                      I would say you are a tad high.
                      That's the 30 million divided by 6400 cultivated acres.

                      I thunk he was including the yard infrastructure, have to assess and value that.

                      If it's still too high you might have to get him to "throw" in the full line of machinery and all the life-size toy tractors.

                      If it's still too high you might have to get him to commit to 5 years of free mentorship and labour to show you how to manage the "Garden of Eden", despite the fact AF5 pointed out the Garden of Eden had 20 crop failures in ten years!

                      Comment

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