South of 49th
Sold on May 4, 2021
from 7:00 PM to 7:00 PM UTC
Location
Spirit River, AB
Sale Size
3 Parcels
Final
$215K - $333K
Three distinct quarter sections west of Spirit River, Alberta, with Highway 49 being the north border. Selling in 3 parcels, each with arable land, water supply and plenty of options to make them your own. See Parcel Details for the Starting Bids.
Three distinct quarter sections west of Spirit River, Alberta, with Highway 49 being the north border. Selling in 3 parcels, each with arable land, water supply and plenty of options to make them your own. See Parcel Details for the Starting Bids.
Available Parcels
Parcel Name Parcel 1 | Parcel Size 158 ± Acres | Final $332,500 | View Details & Offer |
Parcel Name Parcel 2 | Parcel Size 157 ± Acres | Final $215,000 | View Details & Offer |
Parcel Name Parcel 3 | Parcel Size 159 ± Acres | Final $235,000 | View Details & Offer |
Sale Description
We have all heard stories about ranching south of the 49th. Montana is known as Big Sky Country with an abundance of public land and, more recently, home to the TV show Yellowstone. Well, there is another ‘South of the 49th’ right here in Alberta. Head 29 miles west of Spirit River, Alberta along paved highway 49 and take a gander to the south. Here you will find Alberta’s own ‘South of the 49th’.
[https://clhbidstorage.blob.core.windows.net/documents/Auctions/6fa360f1-fd15-4998-ae9a-08d8c63a6725/TinyMCEPictures/613a18f8-39b1-452d-a89b-c8a8551ce41b.jpg]Three-quarter sections of land, with Highway 49 as the north boundary and on the south over 400,000 acres of crown land making up the Saddle Hills. This may well be one of the last true frontiers to establish a ranch in all of Western Canada. Demographics of owners in the area dictate that other land will become available in the coming years. In an area where land sells for less per acre than a bred heifer and a place that makes economic sense to start your dream ranch. Perhaps it's time to make your own stories on Alberta's own ‘South of the 49th’. Let these 3 parcels be in the start of something even more significant in years to come.
Parcel 1 is the backbone to the ranch with significant improvements including a house trailer with new roof and new insulated skirting in 2020. The ranch base comes with picture-perfect, barn red Goodon outbuildings, all of recent construction. Outbuildings include a 30’ x 42’ insulated shop, 30’ x 42’ barn, 30’ x 42’ open-faced shed, and a 42’ x 120’ cold storage pole building. The quarter has an abundance of water from its four dugouts. The massive seventeen thousand cubic meter dugout, formerly stocked with rainbow trout, is plumbed to fill two smaller dugouts – just open the valve.
[https://clhbidstorage.blob.core.windows.net/documents/Auctions/6fa360f1-fd15-4998-ae9a-08d8c63a6725/TinyMCEPictures/77f46a56-3046-499e-a287-d8f91f15a9f1.jpg]This Parcel 1 quarter has over 110 arable acres with over 80 acres under cultivation and 30 acres currently in hay. The land may be eligible for organic status with no herbicides applied in the last 25 years. The Parcel is fenced with four strand barb wire and also has two bale yards fenced as well. Never a concern about water as Henderson Creek touches the SW corner of the Parcel and offers up a year-round, free-flowing water source for livestock. The creek itself is an animal sanctuary nursed from the uninhabited Saddle Hills to the south. After a hard day’s work, sit back and enjoy postcard views from the back deck with a cool one. The quarter offers excellent potential for off-farm income given resource activity in the area and the short 30 minutes to either Dawson Creek or Spirit River. County gravel road bans are never an issue with direct access onto Highway 49. Nuisance Agreement in place with AQT Water Management Inc. with annual compensation of $3,500.00 assignable to the buyer. It is suggest that bidders review the AQT Nuisance Agreement with their legal counsel and seek input from AQT if they wish as to the longevity of the payments.
Parcel 2 is the prominent producer with 140 acres arable. This Parcel will be your undisputed feed source year after year in an area well known for ample rainfall. The quarter is known for work, play and pray with the old Gordondale Hall in the SE corner and the Gordondale church in the NE corner. The quarter is fully fenced with a 1300 cubic meter dugout. Two beautiful treed draws run through the quarter, both of which feed Henderson Creek. Move this quarter 20 miles to the west or east and expect to pay multiples for it.
[https://clhbidstorage.blob.core.windows.net/documents/Auctions/6fa360f1-fd15-4998-ae9a-08d8c63a6725/TinyMCEPictures/ebfb5e56-71cb-4dce-b533-03e78d4c2142.jpg]Parcel 3 offers up the west cornerstone to the ranch. A quarter in transition with some of it recently logged; this quarter can be whatever you dream. A vintage mature former homesite, just off paved Highway 49 in the northwest corner, offers up endless potential for a ranch home or recreational cabin. Power is to the site. With over 100 acres currently arable, more could be brought under cultivation. A quarter where you must put boots on the ground to truly appreciate the splendour of the ravine that Henderson Creek has, over centuries, carved through the Parcel. Parcel 3 comes with a dugout and south perimeter four-wire fence. Henderson Creek's division offers up a natural divide for livestock; run cow-calf pairs on the south 70 and perhaps your ranch horses on the north 30. If you like to work and play even harder, consider this quarter your home. Any Montana wildlife preserve would be hard-pressed to compare to Parcel 3.
Nothing lasts forever, and after years of hard work improving the land, the owners of the ‘South of the 49th’ are moving on. The ranch will be offered for sale by way of online electronic tender by CLHbid.com. Check the website for updates from time to time.
Please review the Purchase Agreements in the Parcel Details section to see the specifics of the offer.
Viewing of Property: Registered bidders may view the property by contacting us by email at info@clhbid.com.
South of 49th 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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