Rossburn Diamond Select
Sold on October 17, 2022
from 2:00 PM to 2:00 PM UTC
Location
Rossburn, MB
Sale Size
7 Parcels, 1 En Bloc
Final
$690K - $2.53M
2,000 plus contiguous acres being sold in 7 Parcels, with an option to purchase 'en bloc';. This premium assemblage is located less than 7 miles northwest of Rossburn, Manitoba, and only half of a mile off the pavement. Situated in a highly productive area, this assortment is sure to create a legacy for future generations, and is selling complete with over 82,000 bushels of grain bin storage.
2,000 plus contiguous acres being sold in 7 Parcels, with an option to purchase 'en bloc';. This premium assemblage is located less than 7 miles northwest of Rossburn, Manitoba, and only half of a mile off the pavement. Situated in a highly productive area, this assortment is sure to create a legacy for future generations, and is selling complete with over 82,000 bushels of grain bin storage.
Available Parcels
Parcel Name Parcel 1 | Parcel Size 160 ± Acres | Final $850,000 | View Details & Offer |
Parcel Name Parcel 2 | Parcel Size 319 ± Acres | Final $1,010,000 | View Details & Offer |
Parcel Name Parcel 3 | Parcel Size 160 ± Acres | Final $690,000 | View Details & Offer |
Parcel Name Parcel 4 | Parcel Size 247 ± Acres | Final $1,370,000 | View Details & Offer |
Parcel Name Parcel 5 | Parcel Size 471 ± Acres | Final $2,450,000 | View Details & Offer |
Parcel Name Parcel 6 | Parcel Size 547 ± Acres | Final $2,530,000 | View Details & Offer |
Parcel Name Parcel 7 | Parcel Size 160 ± Acres | Final $910,000 | View Details & Offer |
En Bloc Name Parcel 8 | En Bloc Size | Final $400,000 | View En Bloc |
Sale Description
Click the following links for directions to Parcel 1, Parcel 2, Parcel 3, Parcel 4, Parcel 5, Parcel 6 and Parcel 7.
Please click here to view the 'en bloc' details.
Please view the specific details in the Offers to Purchase in the Parcel Details section.
Advances in agronomics and technology have revolutionized the farming industry by eliminating much of the guesswork when planning for success. With the integration of large-scale technology in farm equipment, the application of the constantly evolving science behind agronomics in farming has dramatically changed agriculture over the last decade. These are positive changes that may be hard to comprehend for previous generations and have been vital to feeding the world.
The quality of the land that makes up 'Rossburn Diamond Select' is the one thing in farming that has not changed. This premium assemblage of contiguous quarters has been managed correctly and is situated in a highly productive area that is known to grab timely rains year after year. Sizable blocks of land are hard to come by, and this block makes sense for local growers, farmers from afar, and investors alike.
'Rossburn Diamond Select' boasts over 2,000 acres and is located just north of major Highway 45, and a mere six and a half miles northwest of Rossburn, Manitoba. On sale day prospective buyers will be able to bid by way of electronic tender and take advantage of the Parceling to fit individual needs. There will also be an opportunity to purchase 'en bloc,' for the buyer wanting to acquire the package in its entirety.
PARCEL 1 is the northern-most Parcel with good access from the west and is well sloped to the southeast with over 115 acres of arable land in Wheat in 2022.
PARCEL 2 is a half section comprised of 318.5 acres, including over 165 cultivated acres in Wheat in 2022. With access from both the eastern and southern boundaries, this Parcel offers scenic appeal and boarders Chuckrey Lake.
PARCEL 3 is a single quarter made up of 160 acres and would fit well in combination with another Parcel or may appeal to the single Parcel buyer wanting to build a quiet retreat. This Parcel has a fine pond and offers views of the valley. There are 95 acres in Barley in 2022.
PARCEL 4 offers three titles, including the 8.43-acre acreage situated in the northeast corner. More titles mean more options for prospective buyers, and with 230 arable acres consisting in Wheat this year, this Parcel offers any buyer an exceptional opportunity. The yard site has power, a water well, a hip roof barn, a large steel Quonset and a solid 14’x16’ Cabin. The existing shelterbelt makes Parcel 4 a great spot to set up a yard.
PARCEL 5 is arguably one of the nicest blocks in the area. These 3 quarters combined boasted over 405 acres in Canola in 2022. This Parcel is well sloped to the east and is the sort of land you can get on early in the Spring. Parcel 5 will be sold with over 52,000 bushels of storage, four Westeel 7,900-bushel bins, two Stor-King, 5,000 bushel hopper bins, three Twister 2,250 bushel bins, and three older 1,350 bushel grain bins. All the bins are situated on concrete and the firm gravel access makes them ready to work. There is also an artesian well conveniently located just north of the bin yard.
PARCEL 6 is a 547-acre block with 470 acres under cultivation and is currently in Canola. Access can be gained from the eastern and southern boundaries and this sizable block has many similarities to Parcel 5, including good drainage. There is no question that these are the sort of acres that make sense for any potential buyer. 19,000 bushels of storage are sold with this Parcel, consisting of four Westeel grain bins that are situated on concrete.
PARCEL 7 is the most southern quarter in the assemblage. With 160 acres in total, there are 130 acres in Canola in 2022. Parcel 7 was the farm headquarters for many years and Victor Koscielny and his family have many fond memories here. The existing shelterbelt is ideally situated to build your dream estate and raise your family or build a grain bin yard just a 1/4 mile from pavement. There is power on the Parcel and two Westeel bins on concrete offering just over 11,000 bushels in storage.
'Rossburn Diamond Select' has taken decades to assemble and is now offering potential buyers a chance to purchase over 2,000 acres. This is a rare opportunity to solidify an established land base for future generations. With Sustainable Agriculture at top of mind, 'Rossburn Diamond Select' is an assemblage that will mitigate risk and prove to be a great asset that drives the bottom line.
‘Rossburn Diamond Select’ offers over 1,600 arable acres and approximately 82,000 bushels of grain storage capacity. Buyers will have the opportunity to purchase individual Parcels or take advantage of the CLHbid.com ‘en bloc’ system to acquire the entire assemblage and keep the farm together.
'Rossburn Diamond Select' is being offered for sale via online electronic tender by CLHbid.com. Please check the website for updates from time to time.
Viewing of Property: The property may be viewed by interested registered bidders. Please contact us by email at info@clhbid.com for an appointment.
Rossburn Diamond Select is being offered for sale via online escalating tender by CLHbid.com. Check the website for updates from time to time. The property may be viewed by interested registered bidders. Please contact us by email at info@clhbid.com for an appointment. As a law firm, CLHbid never discloses bidder's names to any party, including the Seller. Only the successful buyer's name is ever disclosed to the Seller as part of the closing process.
Proven Results
from satisfied buyers
Frequently Asked Questions
There are existing auction platforms out there such as the ‘Iowa Auction’ that stop bidding after all individual parcels have received high bids. Then for round #2 of the auction they allow past as well as new bidders to ‘up the ante’ by bidding on the entire farm or ranch with a reserve bid set at the aggregate price just bid on all individual parcels in round #1.
After seeking input from many farmers and ranchers, most told us they didn’t feel a platform such as this was fair to bidders on individual parcels who in many cases have went to a lot of work to get pre-approved for financing etc. Farmers and ranchers also indicated they didn’t think it is fair for a large player to ‘lay in the weeds’ and not bid until after the initial round of bidding. They also told us that it would not be fair to allow a larger player to acquire the entire farm or ranch for only a few dollars more than the aggregate of the prior individual bids. Hence the rationale for the ‘premium bid’ amount for the ‘en bloc’ parcel at the conclusion of the auction.
At CLHbid.com, you as bidder only need to be high on a certain number (generally less than 50%) of parcels in order to have a chance to acquire the entire farm or ranch, whereas at national Auction firms you generally have to be high on 100% of the parcels in order acquire the entire ranch or farm.
Bidders have no knowledge of the identity of other bidders. Likewise, the Seller during the sale is not privy to who may be bidding or how many parcels someone may be ‘high on’. At CLHbid.com we set out to create a platform for the selling or leasing of agricultural land that was honest, fully transparent and offered no opportunity for bids to be shopped by the Seller. This is especially important wherein the Seller has final approval.
At CLHbid.com we have put safeguards in place in our CLHbid.com contract with our Seller to ensure the Seller deals only with the high bidder at the conclusion of bidding. During the timed auction itself, all back-end information is locked down including who is bidding or who is registered to bid. At the conclusion of the bidding, the Seller is privy only to the name of the high bidder on each parcel.
The minimum increment for bidding is set prior to each specific sale in consultation with the Seller. The increments are set having regard to the FMV of the parcel being sold with more expensive parcels generally having larger increments.
We have all been to live auctions where a quarter of land worth $500,000.00 starts at $100,000.00. The parcel is then bid up in large increments initially with the increments gradually decreasing in size as the bidding approaches the end. At CLHbid.com, given our predetermined minimum increments, we try and speed up the process by starting the bidding at what we see as a reasonable number to start serious bidding at, yet a number still below FMV.
In addition, given the ‘en bloc’ final parcel bidding option offered at CLHbid.com, we require a floor number for each individual parcel in the unlikely event a specific parcel doesn’t receive a bid, yet at the conclusion an eligible bidder wishes to bid on the entire farm or ranch. In such a case, the Starting Bid becomes the value to be used for that Parcel not receiving a bid when determining aggregate bids. It is important to note the Starting Bid is not a Reserve Bid.
PLEASE NOTE: Not all CLHbid.com sales have an ‘en bloc’. Please review the particulars of each sale for clarity.
No. The Seller waives their right to approve the sale if there is a bid on the ‘en bloc’.
This is really no different than in the tendering process wherein Tenders stipulate “any and all tenders will not necessarily be accepted”. One issue with tendering is the cost to put a tender in the paper is nominal and there is always a risk of the Seller perhaps just feeling out the market or wanting to know the names of the parties interested.
At CLHbid.com one of the paramount reasons for allowing the Seller final say is to alleviate the need for an expensive Guarantee to the auction house – expensive and seldom called upon yet often required by the Sellers bank. The Seller’s bank doesn’t require the Seller to purchase a Guarantee when using the CLHbid.com platform wherein the sale is at the Seller’s discretion.
CLHbid.com incurs significant marketing costs in the event the Seller fails to accept the high bid(s). The Seller is under contract with CLHbid.com and the contract references trigger values indicating when the right of the Seller to refuse a sale is taken away.
At CLHbid.com, our Sellers are fully invested in the process meaning the likelihood of a high bid not being accepted is extremely remote.
No. At CLHbid.com there is no advantage to waiting to bid. Our platform has a ‘refresh’ function on the clock such that any bid placed near the expiration of the timed sale will automatically re-set the clock adding additional minutes to the clock giving all parties (including the bidder that was just outbid) another opportunity to bid.
At CLHbid.com we take the human element out of the process. During the bidding process if you are high, you will receive an online notice saying you are High Bid. If you get outbid you will receive an online notice saying you were Outbid. Immediately upon expiration of the timed sale, the high bidder will receive an email indicating they were the HIGHEST BIDDER.
All emails are auto generated. The question cannot arise as to whether you were high or not or “was it shopped to someone they liked better” such as when tendering land.
No. The Starting Bid is just that. The first bid required for a Parcel is the Starting Bid and not some number above it. If you are the initial bidder and just bid the basic minimum increment your Current Bid will be the Starting Bid number.
CLHbid.com doesn’t publish the name of the high bidder. We do, however, disclose the name of the high bidder to the Seller as they are then in a contractual agreement to buy and sell. We leave it up to the high bidder and Seller to tell whomever they wish.
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The sale starts and finishes in a matter of hours and the time will extend if bids are placed in the last two minutes of the sale. As confidentiality and honesty are paramount to us, bidders names are never released.
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