What to know when Selling or Buying Farmland

The attached post from FCC featuring Lance Stockbrugger discusses some of the many factors to consider when deciding to either Sell or Buy farmland.  Considering the current values for Saskatchewan Farmland, and how they have risen to current levels in the past 15 years, regardless if you are on the Selling or Buying end this has become a major financial decision.  Many areas of the Province have risen to levels where a single quarter of farmland far exceeds the cost of purchasing a modern house.  As Lance mentions, interest rates are one of the main factors that need to be considered before moving forward, a factor that affects both the Seller & Buyer.  The Agents at Hammond Realty are here to help and have a wealth of knowledge and experience to share with their Clients, whether a Seller or Buyer.


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