{"id":328,"date":"2014-10-08T11:23:02","date_gmt":"2014-10-08T15:23:02","guid":{"rendered":"http:\/\/www.burlington-homes.com\/blog\/?p=328"},"modified":"2017-12-05T15:45:25","modified_gmt":"2017-12-05T20:45:25","slug":"canadian-farmland-market-2014","status":"publish","type":"post","link":"https:\/\/loriv.com\/blog\/real-estate-market\/canadian-farmland-market-2014\/","title":{"rendered":"Canadian Farmland Market 2014"},"content":{"rendered":"

Interested in seeing how farm property values are across Ontario in 2014? Look no further!<\/p>\n

\"Canadian<\/p>\n

WINDSOR-ESSEX<\/strong>
\n– Prices in Windsor-Essex remained steady in 2014
\n– Area factory closure has motivated owners to shift from tomato crops to corn, beans and wheat productions.
\n– Stable demands and limited supply has meant properties do not last long on the market
\n– price per acre: $6,500 – $11,000<\/p>\n

CHATHAM-KENT<\/strong>
\n– High demand for high quality land has\u00a0caused prices to rise by as much as 100\u00a0per cent in some areas
\n– Properties of all qualities are selling fast,\u00a0often between three and six months
\n– Demand and prices in the area are\u00a0expected to remain strong
\n– price per acre: $7,000 – $22,000<\/p>\n

HURON COUNTY<\/strong>
\n– Year-over-year price increases plateaued\u00a0by mid-2014 amid weaker crop prices
\n– Many buyers are family-owned\u00a0operations seeking to expand
\n– Hobby farms are becoming more\u00a0difficult to finance
\n– price per acre: $13,500\u00a0– $15,000<\/p>\n

LONDON-ST.\u00a0THOMAS<\/strong>
\n– Market held strong through the\u00a0winter and farms continue to sell within\u00a0one month
\n– Foreign investors are looking to buy land\u00a0with development potential
\n– Lenders have been less enthusiastic\u00a0about financing hobby farms
\n– price per acre: $7,000 – $12,000<\/p>\n

WOODSTOCK – STRATFORD<\/strong>
\n– Challenging weather conditions have\u00a0led to increased days on market, but no\u00a0significant change in land – prices
\n– Sales of dairy and feather farms\u00a0drove price increases, while cash crop\u00a0properties have leveled off
\n– Buyers are looking for proximity to\u00a0highways, processing facilities and\u00a0existing infrastructure
\n– price per acre: $14,000 – $20,000<\/p>\n

KITCHENER –\u00a0WATERLOO<\/strong>
\n– Prices in Kitchener-Waterloo are leveling\u00a0off as demand drops
\n– Properties are staying on the market\u00a0longer due to lack of demand
\n– Hobby farms lead the way in sales\u00a0volumes
\n– price per acre:\u00a0$14,000 – $18,000<\/p>\n

BRUCE COUNTY<\/strong>
\n– High demand has tapered off as buyers\u00a0and sellers differ on price
\n– Unpredictable weather and uncertain\u00a0harvest is causing buyers to hesitate
\n– Potential buyers of hobby farms are\u00a0finding it difficult to secure financing
\n– price per acre: $6,500 – $10,000<\/p>\n

GREY COUNTY<\/strong>
\n– Average prices have increased by nearly\u00a020 per cent
\n– Prices for certain types of land have\u00a0more than doubled in three years
\n– Farmers migrating to Grey County to\u00a0get a better price for comparable land\u00a0quality are driving demand
\n– price per acre: $3,500 – $8,500<\/p>\n

SOUTH SIMCOE<\/strong>
\n– Demand for agricultural land is strong as\u00a0farms near the Greater Toronto Area sell\u00a0to developers
\n– Many buyers are established farmers\u00a0seeking to expand existing operations
\n– Demand and prices expected to increase for the foreseeable future
\n– price per acre: $10,000 – $25,000<\/p>\n

QUINTE<\/strong>
\n– High quality land at an affordable\u00a0price provides excellent value amid soft\u00a0commodity prices
\n– Many buyers are established farmers\u00a0seeking to add to existing holdings
\n– Market is expected to be stable over the\u00a0next 24 to 36 months
\n– price per acre: $1,500 – $7,500<\/p>\n

STORMONT, DUNDAS\u00a0AND GLENGARRY\u00a0COUNTIES<\/strong>
\n– Prices increased in 2014 due to a\u00a0shortage of available land
\n– Highest prices in the area are closest to\u00a0the Ontario-Quebec border
\n– Cash crop farmers are expected to\u00a0continue to grow operations, further\u00a0driving demand
\n– price per acre: $7,000 – $17,000<\/p>\n

OTTAWA VALLEY<\/strong>
\n– Tile-drained land is selling briskly despite\u00a0soft commodity prices
\n– Area properties provide excellent value\u00a0with less expensive prices for comparable\u00a0quality to other parts of Ontario
\n– Mennonites from southwestern Ontario\u00a0are relocating to the region and\u00a0establishing small communities
\n– price per acre: $8,000 – $10,000<\/p>\n

Lori VanDinther<\/strong>, a long time resident of Burlington,\u00a0has been successfully selling Real Estate in Burlington<\/a>, Oakville, Carlisle, Kilbride, Waterdown and surrounding areas for over 20 years. If you\u2019re looking to make an investment in real estate get in touch with her today info@loriv.com<\/a><\/p>\n

For a full RE\/MAX Farm 2014 report that includes other Canadian provinces click\u00a0here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Interested in seeing how farm property values are across Ontario in 2014? Look no further! WINDSOR-ESSEX – Prices in Windsor-Essex remained steady in 2014 – Area factory closure has motivated owners to shift from tomato crops to corn, beans and wheat productions. – Stable demands and limited supply has meant properties do not last long […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[91,56],"tags":[92,80,88],"class_list":["post-328","post","type-post","status-publish","format-standard","hentry","category-canadian-farmland","category-real-estate-market","tag-farmland","tag-real-estate-market-2","tag-real-estate-trends"],"yoast_head":"\r\nCanadian Farmland Market 2014 - Burlington Real Estate Blog<\/title>\r\n<meta name=\"description\" content=\"Interested in seeing how farm property values are across Ontario in 2014? 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