Murray Gibbons Murray Gibbons

Great Lakes Realty (Gibbons) Inc.

Phone: 519-443-6443
Email: murray@murraygibbons.com
(519) 443-4326
email: murray@murraygibbons.com
Website: www.murraygibbons.com

SOLD MAY 2017 --98 acres highway farm with older frame home great possibilities MLS#: 4343
Main Residence
Main Residence

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

looking North along highway
open sand loam

looking North along highway
Rear entry to home

looking North along highway
Rear Yard

looking North along highway
looking to rear of farm at Sunset


$
  • 3 bedrooms
  • 1 Full Bath
  • Forced Air Heat
  • Well water supply, Septic
  • 98 Acres
  • 2 Car Detached Garage
  • Great View
  • 2016 Taxes: $2,457


  • Additional Features:

    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