53.696966,-107.853517
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Chitek Lake 160 acres Mixed Farmland

Chitek Lake 160 acres Mixed Farmland
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275000.00

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Enterprise: 
Grain
Hay (arable)
Rural Municipality:
RM 496 Spiritwood
Price (P):
275000.00
Farmland:
275000
Improvements:
Title Acres: (ISC)
160.0
Cultivated Acres:
109
Soil Final Rating:
64.2
$/Titled Acre:
1718.75
P/AV Multiple:
1.38
Closest Town:
Chitek Lake
Listing Brokerage:
Hammond Realty
AG Listing ID:
MLS #:
SK959819
Avg. AV/Qtr:
199401

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DESCRIPTION

Location
This attractive quarter section of farmland located in the RM of Spiritwood just west of Chitek Lake, Saskatchewan.
 
This parcel is characterized by a productive class 2 dark gray soil (Lorenzo association) with a clay loam texture. As per SAMA, there are 109 arable acres and 51 acres of aspen/coniferous forest. Topography is flat to gently rolling, slight stoniness throughout.
 
Improvements to the quarter section include approx. a 13-acre fenced area with established haskap trees. The balance of the areable acres is seeded grass.
 
Farmland & Price Summary         
 
NE 28-54-13 W3 Ext 0
 1                   parcel
 160              title acres (ISC)
           
 SAMA Information

 160             total acres
 109              cultivated acres
 51                wetland/bush acres
$199,600      total 2021 assessed value (AV)
$199,401      average assessment per 160 acres
 64.2            soil final rating (weighted average)
           
$275,000 Farmland Price
$1,717 per title acre (ISC)
$2,523 per cultivated acre (SAMA)
 1.38 times the 2021 assessed value (P/AV multiple)

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