52.828898,-106.841181
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Blaine Lake 313 acres Mixed Farmland with Yard

Blaine Lake 313 acres Mixed Farmland with Yard
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550000.00

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Active buyer contract
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Enterprise: 
Grain
Pasture
Hay (arable)
Rural Municipality:
RM 434 Blaine Lake
Price (P):
550000.00
Farmland:
550000
Improvements:
Title Acres: (ISC)
312.9
Cultivated Acres:
48
Soil Final Rating:
45.2
$/Titled Acre:
1757.75
P/AV Multiple:
3.59
Closest Town:
Blaine Lake
Listing Brokerage:
Hammond Realty
AG Listing ID:
MLS #:
SK951517
Avg. AV/Qtr:
78513

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DESCRIPTION

This package of two quarters of mixed farmland is located one mile (SW 32) and 4.5 miles (NE 26) east of Blaine Lake, Sk. It currently has old yard site, house, 2 Quonsets, 1 coverall, and other old buildings.


Quonsets and coverall are useable but house has no value. (flooded in wet years)


The two quarters can be sold separately as follows:
SW 32-44-6 W3 for $175,000
NE 26-44-6 W3 for $375,000


The power was taken out.
Well has to be tested as it was flooded before.


Farmland & Price Summary
2 parcels
313 title acres (ISC)
145 Owner broke up in fall of 2023


SAMA Information
312 total acres
48 cultivated acres
31 arable hay/grass acres
99 native pasture acres
134 wetland/bush acres
$153,100 total 2021 assessed value (AV)
$78,513 average assessment per 160 acres
45.2 soil final rating (weighted average)


$550,000 Farmland Price
$1,758 per title acre (ISC)
$3,793 per cultivated acre (Owner)
3.59 times the 2021 assessed value (P/AV multiple)

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