What was the best land purchase you have ever made?

[coppertop]

sorry if you thought we were off topic, I
was under the impression that the topic was
farm land and what good deals people had
made selling it. Land use issues are part
and parcel of farm land since all land in
Alberta is zoned agricultural until
rezoning takes place.

[per]

Spoken like a true politician. The bottom line is land is a good place to park money. Even when bought at the wrong time history has shown that patients will bring values up. (in reality I guess it just means our money is worth less) I bought a 1/4 that the neighbors bought @ 1200/ac from them for 600 (they traded for land close to them for same money). Payed 2000 for the 1/4 next to it a few years later and land here has since been trading between 2500 and 5000/ac. Nothing to do with "farm" values. Everything to do with living near a City and acreages being harder to get so it you have the money you buy a 1/4 instead of 3 acres. All land seems hard to pay for and was for my grandfather and dad as well. I am thankful that they jumped in though. Kinda shows that Copper was right on topic.

[FrankB]

Maybe a little off topic but very interesting for sure. Please keep the comments coming.

[coppertop]

Land is a good investment, and patience
is necessary in any business . I look
at businesses who stick their neck out
hoping someone will buy their product
and they have a dozen competitors in the
same community so they like to gamble as
much as farmers do !! I look at the
quarter sections of bush pasture around
here with a small bungalow on them, and
see what they are selling for, or at
least what the asking price is and know
that no-one interested in buying the
places is going to pay for it by farming
unless they are farming something that
likely isn't legal. The homes in Calgary
that have a mountain view are still
commanding a huge price, and not too
many years ago they were part of
someone's ranch. Likely land that
somebody's grandad homesteaded and
wondered what in heck he was doing
taking such a gamble !! Owning land is a
blessing that many of us don't really
appreciate, that is why they are going
to play Don't Fence me In at my funeral,
hopefully not in the near future !!!!!

[lcarduner]

I have seen many sides of the above Land Use discussion. I was involved with the ALR (agricultural land reserve) for a few years. This was/is the goverment agency in BC that regulates agricultural land. IMO, this agency has really preserved the land in BC for future generations, esp around larges cities like Vancouver where the land is the best and the pressure from population is undescribable.

I have also been the owner of an 'acerage' and witnessed first hand the issues the ranchers around me dealt with by other acerage owners who have no respect for farming. FIRES are my biggest pet peeve. People do not seem to understand the damage runaway fires can do - and many are started by a burn barrel on a small acerage!

I can understand why a farmer would want to subdivide off a non productive part of their property. I can also understand why someone would want to live in the sticks and not have more then 20 acres - or even less.

What I will never understand is why a person moves to the country and complains about farmers and their way of living - IMO - they should be just grateful that the people who feed the world share their land and lifestyle with them.

Maybe - before someone can purchase an acerage they should have to go to living-in-the-sticks-101 and learn to appreciate the lifestyle or stay in the city. LOL!