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  Great Lakes Realty (Gibbons) Inc.

Sold May 2017 --98 Acres Highway Farm With Older Frame Home Great Possibilities

Frame near Scotland

Main Residence

Main Residence

ID#: 4343


Scotland

  • 3 Bedrooms
  • 1 Full Bath
  • Forced Air Heat
  • Well Water Supply, Septic
  • 98 Acres
  • Great View
  • 2016 Taxes: $2,457


98.total acres, old house thereon.

The subject site comprises of a total of 98 acres +/- of which there approximately 55 acres arable. The lands front on Highway 24 and Concession 2, Township of Windham.

 

A busy area with many suburban dwellers and nice country estates and farms in the area.

 

The Village of Waterford and Round Plains is south and west of the farm.

 

The subject lands are level at rear of the pond and slightly undulating at the frontal area of Highway 24 with approximately 63 acres arable. The north/east side of the property is bordered by a wooded area of mixed medium trees.

Soil structure appears as a medium sand loam.

 

CONTRIBUTORY VALUE OF SUBJECT LANDS

 

98 Total Estimated Acres (55 Estimated Arable Acres)

55 acres arable x $12,000 per acre $660 ,000.00

35 acres Wetlands and Forests x 2000 per acre 70,000.00

 

Contributory Value of Lands $ 730,000.00

 

Old house $ 109,000.00

 

Total Contributory Value of Land and House $839,000.00

Final Estimate of Market Value $ 839,000.00

Rounded to $840,000.00

 

Asking $819,000.00

 

  • Murray Gibbons,
    Sales Rep

  • Detached 2 car garage

    Detached 2 car garage

    Detached 2 car garage high clearance

    Detached 2 car garage high clearance

    looking North along highway

    looking North along highway

    open sand loam

    open sand loam

    Rear entry to home

    Rear entry to home

    Rear Yard

    Rear Yard

    looking to rear of farm at Sunset

    looking to rear of farm at Sunset