Achi news desk-
Two of the three most expensive homes on the Canadian real estate market are currently in Vancouver.
One isn’t, and its location might be a surprise, but there’s a reason for the big price tag.
On the market for $49.75 million (just $50,000 less than the current leader), the Kruczko Ranch in southwestern Saskatchewan has three houses on the property, but each of them is fairly modest compared to the other two .
The largest was built in 1979, is under 2,000 feet, and has 3 bedrooms and 3 bathrooms), but that’s not the reason for the price.
The reason is the land.
The property is 18,239 acres. To put that into context, Vancouver is about 28,460 acres.
This ranch is almost two-thirds the size of the city of Vancouver. In the city, it would cover the entire land area from Boundary Road to Granville Street.
Technically it is 115 quarter plots of land (which are around 160 acres each); of those 91 are deeds and 24 are crown land.
And it’s a working ranch.
All that land helps generate revenue in two ways. For one, it’s a ranch, which means lots of grazing space for the herd animals. And with 18,000 acres it doesn’t need to be a small herd.
At the same time, the property has gas. As in wells, the owner has the surface rights to them.
For those looking for privacy, the fact that there are three houses should not be a problem; they are not really neighbors of each other.
“The yards are all four miles apart so everyone can live independently and work together to continue the success of this ranchland empire,” the ad read.
To be fair, there are a few other properties in the same range or even more expensive on the Canadian market right now, but all of them are development opportunities for towers, entire subdivisions, or industrial land.
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