December 4, 2014
Don Hoover is at the Informa Economics conference today in Calgary presenting with Terry Longtin of Farmers National Company about North American Land Value Trends. The image is taken from the portion of the presentation that discusses the drivers of farmland values. To find out more about the presentation, email Don or call him at 780-448-7440.
December 3, 2014
Our specialists in the business of agriculture have analyzed a benchmark property in Wheatland County which is located approximately 60 km east of Calgary. Research of the real estate transactions in the Strathmore area has indicated that cultivated land values have appreciated about 40% over the last three years or about 1% per month. Email Brad Slomp…
November 11, 2014
Our agricultural appraisers have completed valuation analyses of farmland located in the RM's of Hamiota, Harrison, & Shoal Lake which is located approximately 75 km northwest of Brandon, Manitoba. Market activity in this area has indicated that land values have increased approximately 8% over the last year. To find out more about rural property appraisals…
October 22, 2014
Although we are based in Alberta, we have considerable coverage throughout western Canada. For example, over the last month, Serecon has researched and viewed about 200,000 acres of farmland in Saskatchewan for valuation purposes. Our work may be for a single quarter section containing 160 acres; a large crop operation with 10,000 acres; or a large…
September 24, 2014
Don Hoover will be speaking at the AgroNomics - Vision for 2015 - A US Agriculture Investment Conference in Arizona at the end of October. AgroNomics is the largest gathering of rural property land experts in the US. The conference is hosted by the American Society of Farm Managers & Rural Appraisers (ASFMRA). Don will be discussing the Obstruction…
September 8, 2014
The Land Value Trends Newsletter for the first half of 2014 is now available. This edition includes: Alberta Farmland Values: Bubble or Bargain? Inflation; Interest Rates; Farm Revenue; Gross Domestic Product. Sale Distribution: Provincial, Northern Alberta, Central Alberta; Southern Alberta. Re-sale Highlights: MacKenzie County; County of Barrhead;…
September 2, 2014
The Valuation & Appraisal team at Serecon has researched the farm land value trend of cropland located in the Rural Municipality of Fillmore which is located approximately 100 km southeast of Regina and about 40 km northeast of Weyburn, Saskatchewan. An analysis of the real estate transactions in that area have indicated that land values have appreciated…
August 26, 2014
We have researched farmland transactions in Kneehill County which is located approximately 50 km northeast of Calgary, Alberta. Our appraisal work has found a resale of an arable parcel with a CLI soil rating of mostly Class 3T and Class 4T. The property sold in February, 2013 and resold in May, 2014 for 14.1% more. This results in a land value appreciation…
August 19, 2014
Our research of real estate transactions in the County of Barrhead, which is located approximately 75 km northwest of Edmonton, Alberta, has revealed a resale of a hayland property with a CLI soil rating of Class 2C. This parcel sold in January, 2013 and resold in May, 2014 for 2.6% more than the initial transaction price. Email Glen Doll or call…
August 12, 2014
Over the last year, Serecon has appraised dozens of development lands and holding properties in and around Calgary, Rocky View County, and the MD of Foothills. We have found that land values have been primarily stable as the real estate marketplace has shown balanced demand for, and supply of, urban fringe land and developable land in the greater Calgary…