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Thoughts on land prices ?

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  • newguy
    Senior Member
    • Jan 2006
    • 2145

    #31
    When I started a top of the line pickup was 10 grand and a quarter of land was 25 grand.Today 100 grand for top pickup and 250 for a quarter of land .So not much has changed.

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    • AlbertaFarmer5
      Senior Member
      • Oct 2010
      • 12555

      #32
      Originally posted by newguy View Post
      When I started a top of the line pickup was 10 grand and a quarter of land was 25 grand.Today 100 grand for top pickup and 250 for a quarter of land .So not much has changed.
      Where can you buy a quarter for that price? I might be moving.

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      • newguy
        Senior Member
        • Jan 2006
        • 2145

        #33
        Originally posted by AlbertaFarmer5 View Post
        Where can you buy a quarter for that price? I might be moving.
        What is good pasture worth that is half native half seeded back cultivated?

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        • jamesb
          Senior Member
          • Aug 2009
          • 774

          #34
          Originally posted by AlbertaFarmer5 View Post
          Where can you buy a quarter for that price? I might be moving.
          We pay less than than that for a quarter in my parts. The price nearby is going up just like everyone else but for a lot of years there were no buyers and lots for sale. I am amazed at how different prices are not that far apart. Have had Albertans buy land locally too and end up selling after a few years too. Sometimes its cheap for a reason. Land rent is creeping up now but for years it was pretty low. The lowest I have paid in the last 20 years was for taxes. Land was black summer fallow that the guy decided the first week in May he didn't want to bother seeding that year. The highest cash rent this year in our area is under $70. We had lots in the fairly recent past at $42 payable in the fall. I know some guys that pushed land rent values hard a few years ago and they got their asses handed to them. The margins can be pretty thin in a lot of years.

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          • AlbertaFarmer5
            Senior Member
            • Oct 2010
            • 12555

            #35
            Originally posted by jamesb View Post
            We pay less than than that for a quarter in my parts. The price nearby is going up just like everyone else but for a lot of years there were no buyers and lots for sale. I am amazed at how different prices are not that far apart. Have had Albertans buy land locally too and end up selling after a few years too. Sometimes its cheap for a reason. Land rent is creeping up now but for years it was pretty low. The lowest I have paid in the last 20 years was for taxes. Land was black summer fallow that the guy decided the first week in May he didn't want to bother seeding that year. The highest cash rent this year in our area is under $70. We had lots in the fairly recent past at $42 payable in the fall. I know some guys that pushed land rent values hard a few years ago and they got their asses handed to them. The margins can be pretty thin in a lot of years.
            And wear approximately is "here"?

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            • jamesb
              Senior Member
              • Aug 2009
              • 774

              #36
              Originally posted by AlbertaFarmer5 View Post
              And wear approximately is "here"?
              SE Sask

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