48/ MAY 2019 THE RIDER REAL ESTATE: Agricultural land value trends


are on the rise. “Ontario farmers continue to


spend big money on farmland, es- pecially in the southwest part of the province.” Is one headline I’ve seen recently. As a salesper- son who works day to day pro- moting farms and rural properties I appreciate and understand that big parcels of good arable land are becoming harder to purchase as farmers retain their holdings and look to purchase more land rather


48 Ninth Concession


HGTV has a new show featuring this home!! Designer owners were given their own new show “Farmhouse Facelift” as a result of the fabulous workmanship, insight and restoring of this homes originality and character combined with new mechanics and kitchen and baths! Four big bedrooms, huge country kitchen with reclaimed brick wall (original) ,wide pine floors everywhere! plaster mouldings all original and gor- geous! three fabulous baths. A separate board and batten outbuilding offers five box stalls and inter- locking brick aisle. All on three acres just outside Brantford Ont. $1,274,500.


“Prime Land Value Rises”


than sell. The farmer /land holder hopes and has to work more land each year in order to stay viable. The median value of land


sold in Oxford County exceeded $20,000, Perth topped $18,000 and Huron, Middlesex, and Wellington counties all posted median sales values over $14,000 per acre. Historically low interest rates continue to be the prime fac- tor driving land price increases. Interest rates have been at histori- cally low levels and have allowed


for substantial expansion by large, progressive agricultural produc- ers. Unfortunately this rising value has an adverse effect on younger generation farmers who are trying to assume the running of inherited properties or young people wanting to become full time farmers because of the mas- sive debt load. “When it comes to rapidly


rising land costs, there are two factors at play. Strong crop yields, fuelling demand by producers to


expand their operations, account for about half of the farmland price hikes. The rest comes from domestic and for- eign speculators and developers who are buying up farmland and converting it to commercial and residential uses, including subdivisions and mega-man- sion properties. Brant County has seen thousands


of acres of prime agricultural land being amalgamated into the City of Brantford after a 25 year freeze that stretched in almost 35 years as the process of amalgamation went through the rezoning and amalgamation process. The City of Brantford was identi-


fied several times over the past three years by several publications such as McLeans Magazine as one of the most desirable places to live causing a tremendous upswing in buyers looking to relocate out of places like Hamilton and Toronto, resulting in much higher prices for homes there and a need for more housing to be built. Families looking for a small


acreage and rural living are having to look further and longer to find a small hobby farm for a move into the coun- try.


Prices are far more expensive. Es-


pecially in areas that provide an easy commute to major cities for work. The Canadian dream of rural, farm and country lifestyle in becoming unreach- able for many. As a farm owner myself, I appre-


ciate we need to keep the good work- able lands available for use as lands to grow and produce the foods we need to survive. My livelihood is not derived from owning a farm but as a hobby and a place to raise and house my horses. Our land here is very rich and best used for crop production. When I retire I will have to move


to a much more remote area than I cur- rently reside in and onto less fertile land that will still accommodate horses.


Teri Davidson is a licensed Real


3624 Governors Rd. This type of property is seldom available!. Vacant 42 acres of good arable soil with mostly workable acres. Allows for one home to be built and outbuilding if new owner desires. Set your home way back in , any size you like. would make a wonderful horse farm with cute board and batten home and barn with paddocks or build a big executive home with barn for your horses! you choose. Ancaster loca- tion , near Lynden, Ontario. $949,900.


estate Broker with C21 Professional Group, Brantford Ont. Teri has enjoyed a successful career in the real estate business spanning 42 years including 18 years running her own brokerage which amalgamated at the beginning of 2019 with C21. Teri is a Centurian award winner and continues to help her clients buy and sell residential, rural and farm properties. She can be reached at teridavidson@rogers.com and by phone at 519-738-7307.


Farm on Governors. This 44 acre horse hobby farm located in Ancaster is waiting for a new owner to renovate the big four bedroom home to their own taste! Main house offers lots of charming features and pine floors, kitchen is a big empty room waiting for the new buyer to design for themselves what they would like. back ad- dition features a main floor family room with cathedral ceiling soaring up to the sec- ond level where its overlooked by an open railing and separates the master bedroom and ensuite fro the main house. Full basement. good solid structure. Old timber frame barn has box stalls and good head room, upper hay mow, run out to three fenced pastures. Separate three car garage. Hay fields surround the farm and there's a long lane way back to a pond and open area. Great to ride on and safe enough to bring the dogs. Serenity now! $1,599,900.


63 Hammond Road. This 60 acre Estate is a perfect combination for the family the still wants an Upscale 4000 sq ft home with fabulous decor and design , open con- cept, 10' ceilings, huge kitchen with gran- ite counters, pot lights, 10 foot island and gorgeous bathrooms. Four bedrooms, main floor office. rec room , fireplace and beau- tiful laundry room . Magnificent landscap- ing and brick paver patios surround the house. All this combined with a 14 stall horse barn, Paddocks and track for exer- cising the horses. Barn and house are 10 years old. All in fabulous condition. Income generating property. 45 acres workable brings in $3500 yearly. Solar brings in $10- 12,000 and stalls rented to tenants who do all their own horse care and feeding at $200. per stall per month. A fabulous property located between Brantford and Ancaster priced at $1,825,000. Could never be replaced at this price!


Sell your Farm Property in


The Rider’s Real Estate Pages! Call


(905) 387-1900


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