Sold..... $600/ac

[dnach]

Some things never cease to amaze me, 310 ac of slightly better than average land just sold for $186,500. This is after three consecutive years of severe drought. This land was assesed at $168,000, and that was based on production levels in the late 1990's.
What are land prices doing in other parts of the province?

[cowman]

How come so cheap? Don't advertise like that or you'll have every farmer in Alberta moving there!

[dnach]

well....
#1 - no oil!
#2 - no rain!
#3 - no urban development potential - ever!
#4 - With first nations buying land all around, no Eruopean dudes looking to buy.
#5 - no water for cows? Unless you want to drill 300ft.
Here the land is only worth what it can produce and that should be between $400 - 500/ac, thats just the way it is, believe me our family has farmed here for 90 years. But by all means I would rather see Albertans come and buy land here than the other alternatives. Sometimes there is a reason why land prices seem cheap.