875000.00
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Here is a great ½ Section of top quality farm land in the highly sought after RM of Buchanan #304. The SAMA Reports show a productive Yorkton Clay Loam Soil, 6+ inches deep with Final Ratings of 71.15 to 75.9, T1 Topography, S2 Stones, and a combined 260 cultivated acres. The Buchanan Conservation and Development Area Authority has a registered Drainage Ditch that crosses the SE 9-32-5-W2 providing an outlet for drainage improvements to this land and potentially a higher amount of cultivated acres. Presently seeded to alfalfa/grass this land should be in grain production. Offers to Purchase will NOT be considered/responded to prior to February 1, 2023, from that date forward Offers will be considered/responded to as received.
SAMA Information
320 total acres
260 cultivated acres
40 native pasture acres
20 wetland/bush acres
$548,400 total 2021 assessed value (AV)
$274,200 average assessment per 160 acres
73.7 soil final rating (weighted average)
$875,000 Farmland Price
$2,733 per title acre (ISC)
$3,365 per cultivated acre (SAMA)
1.60 times the 2021 assessed value (P/AV multiple)