The short answer is no they aren't worth that much. Often it costs more to pick them than they are worth... But the land is worth so much because of the investment potenial. The land is held in the Agricultural Land Reserve - zoned only for Ag, but the people believe that some day it may come out or the ALR will change, and they would rather invest there money in land in a safe, free country verses the banks.
It is good land here in the Fraser River Delta, but that also means it is close to the Ports and Industrtry and never ending demand for detached housing...imagine if you could divide that 3 acres into 50'x100' lots smaller.
If they dont grow something on the land it is taxed at a much higher rate based on the full value, so blueberries are fairly straight forward to plant and grow-still may cost them $5000+ an acre to get established though. Its hard to argue they arent growing something with the fields all looking pretty nice with drip tape etc...verses just grass fields for hay which there is limited market for here.
They dont need to be wet, but that is pretty typical of this timeof year - it rains alot October -March/April, and as Bruce said it doesnt snow...until it does like this year. We had a few weeks of feezing and snow fall, when it comes down here it does paralize the whole Metro area.
It will be interesting to see if the one for 11.9 mil will sell. Its about a mile from my parents place, same size property but we have buildings and 2 houses. Not that houses matter... a tear down 15 year old house is at around a million+ in Vancouver and suburbs.
Upload one or more videos to your post. Photo filesizes should be less than 300K and Videos, less than 2MB. Formats allowed are gif, jpg, png, ogg, mp4, mov, and avi. Be sure to use filenames without spaces or special characters, and filetypes of 3 digits lower case.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
... [Read Article]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
