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Richard 542 Acres Grain Farmland

Richard 542 Acres Grain Farmland

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$1,500,000

For sale

Enterprise

Grain

Rural Municipality

RM 436 Douglas

Price (P)

$1,500,000

Farmland

$1,400,000

Improvements

$100,000

Title Acres (ISC)

542.4

Cultivated Acres

427

Soil Final Rating

46.4

$/Titled Acre

$2,765.49

P/AV Multiple

1.86

Closest Town

Richard

Listing Brokerage

Hammond Realty

AG Listing ID

MLS #

SK050385

Avg. AV/Qtr

$249,713

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DESCRIPTION

542 Acres of Grain Farmland with Yard Site – Richard, SK

Excellent opportunity to acquire approximately 542.41 titled acres located at and directly east of Richard, Saskatchewan, with the farmland situated in the RM of Douglas No. 436 and a portion situated within the Village of Richard. The property comprises approximately 542.41 titled acres (ISC). SAMA information reports approximately 427 cultivated acres and 117 acres classified as not cultivated.

The property includes an established farmyard with a 1,150 sq. ft. bungalow built in 1956, offering 2 bedrooms and 1.5 bathrooms. The well treed yard site includes a variety of berry trees and garden space.  A spacious deck on two sides provides outdoor living options including a shaded enclosure and a natural gas bbq hookup.  A two door, 24' x 22' detached, metal garage, with a concrete floor is near the residence. Additional farm improvements complement the yard site with a 40’ x 60’ Quonset and a 40’ x 40’ shop that is divided with 2/3 as cold storage and 1/3 as a heated and insulated shop area. The property also includes 8 metal grain bins on hopper bottoms with each having approximately 2,000 bushels of stated capacity.

The land package with an existing residence and farmyard is in a convenient location immediately east of the village of Richard and accessed by gravel roads with year-round access. 2026 crops were wheat on NW9-43-12-W3 and canola on SW9-43-12-W3 and SE8-43-12-W3.

SAMA Information      

 427       cultivated acres

$750,700            total 2025 assessed value (AV) (Douglas RM No. 436 farmland)

$249,713            average assessment per 160 acres

 46.4      soil final rating (weighted average)

 

$1,400,000        Farmland Price

$2,765 per title acre (ISC)

$3,279 per cultivated acre (SAMA)

1.86       times the 2026 assessed value (P/AV multiple)

$100,000            Buildings and Improvements

$1,500,000       Total Price

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