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Where are Alberta land prices going?

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    #21
    You also should remember there are many guys out there buying land with other people's money (investors, pensiom funds etc). That is who you are competing with. I have not seen a single nice sized farm sold anywhere in a 30 mile radius for the past three years around me...they just don't turn up often.

    If nice land falls on your lap, you better jump or the next guy will.

    Prices in the US have come down modestly but many of those prices were/are easily in the 10,000 or more range..we are a long way from that.

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      #22
      yes landprice are high in s ab 1.8 million for 160 acre all irrigation with corner pivot
      run of cell phone irrigation! and guaranteed crop and beet contrac or patotoes
      been a good infestment !
      still going up around lethb area nice flat land , hard to find .
      building not so inportand , new will be built .
      lots of Europe interest
      better buy than 800 thousand combine or tractor

      good for the sellar to , young farmers going to live in town like lethbridge
      picture butte area all young man moved to the city , or bought cabin in montana nice he !
      is this healthy and is it going to last?
      second and third generation living of grandparent or pa and ma saved hard work ha ha ha
      nice he ! but it is true

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        #23
        [QUOTE=grassfarmer;328611]Don't know - it's been that way for a long time. OK so there was a setback here in the 80's but just like the stockmarket it was a blip on the line of upward movement.





        It may have been a blip in the eighties, but to anyone who bought the highs, and didn't survive in business for nearly 20 years until the highs were surpassed, it was a very big and painful blip.

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