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44/ FEBRUARY 2020 THE RIDER REAL ESTATE: Low Volume of Farms Available Having been in the business


of selling residential, commercial, multi family, rural and farm prop- erties for over 40 years I have seen a lot of change in both price and availability of working farms being offered for sale. Currently the pickings are


slim. Especially in the, Brant , Hamilton, Cambridge, Norfolk, Woodstock and Haldimand areas. Good quality soil is at an all


time high for purchase value and farmers will often times hear that a neighbour is retiring or selling


and they will be the first to ap- proach them about buying. Specific use properties like


equestrian or market gardening are priced where most young fam- ilies cannot afford to buy. Financing is also difficult


and here in my area I’ve learned which banks and lenders are the best to work with. With smaller acreage proper-


ties (those under 50 acres) buyers wonder why the land value has skyrocketed. The size is not really conducive to making a good in-


come unless you are building greenhouses for produce, but hobby farmers have driven those prices up as families look to es- cape city living. Typically those hobby farm-


ers are the ones who will pay the most for a farm. If the house on the property is in good condition that’s a plus but even the ones with ramshackle homes are snapped up as building lots for new construction. Only one house is allowable no matter what size the property so any older existing


FOR SALE - NEW PRICE!


1026 Governors Road W. Princeton. Gentleman's country horse estate! Ab- solutely beautiful. 43 acres. House 31 yrs old, 2,800 sq.ft. with double garage, in- ground pool with decorative black fencing. Top of the line facility with barn, outside sand ring 140 x 220, indoor arena 60 x 136' with ggt imported felt footing, 9 paddocks, all white oak board fencing. 30'x60' work- shop. Pond. Push. Barn - built in 1987. This barn with hot and cold water and tack room, is steel clad with 4' poured concrete foundation the structure has been insulated above & below grade, air exchanger. 10 pressure treated tongue & groove box stalls on one side with two large enough for foals, sliding wood doors with steel bars and open area for horses head to come out. Rubber mats. Separate stallion area offers two box stalls, shavings room & access to side run & paddocks. Interlocking brick floors throughout most of the barn floors & 10 of the box stalls. Fluorescent lighting. Separate workshop steel clad with concrete floor 30' x 60 ' partly insulated. Located just outside Paris, Ont. The house shows beautifully with gorgeous granite counters, updated baths, fieldstone firplace, scrapped engineered hardwood floors and finished basement. Three bedrooms, master with gorgeous ensuite, formal living, huge kitchen looks out to covered deck pool and hot tub area, main floor office. Family room is open to the kitchen. main floor laundry. Three baths. Big living room. Attached double garage. House set back well off the road. Serenity.


$1,850,000


house will have to be torn down. That’s a cost that should be factored into the purchase price. I am still surprised when I get calls


from potential buyers on farm proper- ties and I am asked if lots can be sev- ered off from a large acreage. The greenbelt legislation stopped most of that and other counties have followed the same criteria even if they are not legislated. One of the new happenings is in


the County of Norfolk. They have ap- proved granny suite properties to be al- lowed ( after applying) on rural and country properties. There are many families who will take advantage of this and have elderly parents remain or kids to stay on the home farms with separate living accommodation. I have several qualified buyers looking to purchase a farm or residential rural property so I am hoping more proper- ties like this will become available this spring. Please give me a call if you are


thinking of selling your country prop- erty.


Teri Davidson is a 43 Year Member of the Brantford Regional Real Estate Board and a Broker with C21 Profes- sional Group. She owned and operated her own firm for over 20 years and just recently amalgamated her company with C21 Professional Group in Brant- ford. This makes C21 Professional Group the largest office in Brantford with over 100 salespeople. Teri had the distinction of being The” #1 Salesper- son for 2019” . her first year there. Contact Teri at 519-758-7307 or


teridavidson@rogers.com to discuss your sale or purchase.


Sell your Farm


I have Qualified Buyers LOOKING to


purchase a farm this year! Call Teri Davidson


(519) 758-7307 to get a valuation on yours. 42 Years Experience


Teri Davidson is #1 Agent for 2019 at C21 Professional Group in sales


Property in


The


Rider’s Real


Estate Pages!


SOLD!


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