pasture land sale

[WiltonRanch]

I get around a grand an acre on my leases. Not on prime land.

Yeah $400 an acre is really low. Crappy pasture land in Sask is $800.

[TSIPP]

Yeah $400 an acre is really low. Crappy pasture land in Sask is $800.

It better not be $800, crappy pasture that supports 4 pairs isn’t worth much.

[blackpowder]

I was offered $400 an acre annual rent. But they were basically destroying future productivity of the land for that price.

Was told by a landowner at Sylvan Lake, offers started at $500 and went to $1000. She feels she makes $500 on that dirt farming it.
The contracts were dangerous garbage.

[checking]

I was offered $400 an acre annual rent. But they were basically destroying future productivity of the land for that price.

My bad. Sorry about that. I misread what you were saying. $400/acre is for loss of use for what acreage is leased .

In addition there is $2100.00 annual. Typical three acre site, $3300.00.

Quarter sale today - $713,500.00. Getting more interesting as sales come up.

Oilfield needs to adjust rates to keep up to land sales.

[LEP]

My bad. Sorry about that. I misread what you were saying. $400/acre is for loss of use for what acreage is leased .

In addition there is $2100.00 annual. Typical three acre site, $3100.00.

Quarter sale today - $713,500.00. Getting more interesting as sales come up.

Yes. Land covered in white rock and panels. They said panels generated on both sides.

As rent goes that's fine. But could never be remediated IMO.

[checking]

Tender process so could be a couple of weeks before word gets out. Couple of guys I know will be putting in bids. Possible gravel under a couple of 1/4's so bids could get interesting.

Any results information? Ty.

[Old Cowzilla]

Got some feedback on sale looks like some 1/4 's in that 120k range others maybe a bit cheaper. Seems split up to several neighbors which the seller wanted to happen which is good. 2 1/4's sold to huts next door likely brought more than that. My next door neighbor has pasture close to this land and says 25 pairs would be a stretch more like 15-20.