Alberta Farmland Value Trends - Vulcan County
June 28, 2017
Farm appraisal research in Vulcan County, which is located southeast of Calgary and north of Lethbridge, indicates that there has been strong market activity in that municipality over the last year. While the two prior years indicated a stable marketplace with limited market activity wherein land values were holding at a value threshold, the last 12 months in Vulcan County showed an increase in the amount of farmland transactions of good quality cropland resulting in a breakthrough to a new market value level. Our analysis of agricultural real estate in Vulcan County indicates that land values have risen approximately 20% from Q2 2016 to Q2 2017.
To find out more about farm and ranch valuations in this area or throughout western Canada, contact Brad Slomp at 403-216-2102 or email.