Farm Properties for Sale in Alberta: Current Farmland Market Listings: A Market Review

Farm properties for sale in Alberta currently span cultivated grain land, pasture, ranch parcels, mixed-use homesteads, and multi-parcel agricultural holdings. The published examples reviewed here range from a 139-acre Manning parcel to a 480-acre Jean Côté assemblage, with asking prices or stated starting bids that reflect substantial differences in soil, improvements, location, tenure, and intended use.

Published listing snapshot

A Central Alberta example near Red Deer is a 156.81-acre quarter offered at $1,349,000 under MLS A2337518. Approximately 69 acres are cultivated, while 87 acres comprise pasture, conservation land, trees, wetlands, and a seasonal creek. The property also includes a roughly 40-by-70-foot steel machine shed, fencing, and reported annual revenue of about $28,622 from conservation, surface-lease, crop, and pasture sources. 1

Other published examples show a much wider range of scale and pricing structure. A 149.99-acre agricultural property near Wembley is listed at $1,350,000 and includes more than 130 acres of workable land, Class 3 soils, a heated 42-by-84-foot shop, livestock facilities, two residences, wells, and fencing. A 320-acre farm northeast of Fawcett is presented at $799,000 with a bungalow, workshop, barn, improved pasture, treed pasture, and a livestock dugout. 23

Regional patterns in the sample

The reviewed listings cover several distinct Alberta agricultural environments. The Red Deer and Grande Prairie examples emphasize a combination of productive acres and developed improvements, while Manning and Jean Côté represent northern agricultural areas where soil capability and field configuration are central considerations. The Manning parcel is described as approximately 139 acres with Canada Land Inventory Class 2 soil and access along Range Road 231. 4

Peace Country and northern Alberta listings also show how land use can vary within a single property. The Jean Côté offering consists of three 160-acre parcels, totalling 480 acres, with long field runs and productive cultivated land. By contrast, the Bonnyville offering covers 468 acres of pasture, with perimeter and cross-fencing, a dugout on each quarter, surface-lease revenue, and recreational features near Angling Lake. 56

Land types and operating profiles

Current published inventory includes grain-oriented land, forage and pasture properties, cattle-oriented ranch parcels, and homesteads with agricultural infrastructure. The 711014 Range Road 80 property near Wembley is positioned as a mixed agricultural operation with more than 130 workable acres, a barn, hay shed, corrals, fencing, cross-fencing, and dual-living potential. These features may support livestock, grain production, household use, or multiple occupants, but each use remains subject to local planning and servicing conditions. 2

Pasture listings are represented by the 320-acre Wildwood property, which is divided into two parcels and intersected by the Lobstick River. Its description emphasizes natural forage, grazing, recreation, wildlife, and access to nearby Chip Lake. A separate Special Area No. 4 listing includes 786.99 deeded acres, native grass, improved pasture, and a grazing lease covering 1,118.05 acres with 295.81 animal unit months. 78

How to read the stated prices

Published prices are not directly comparable without separating asking prices from auction starting bids and considering what is included. The Thorsby property is described as 169 acres with approximately 130 cultivated acres and a $650,000 starting bid for an online sale scheduled for September 17, 2026. The Jean Côté offering states $490,000 as the starting bid for Parcel 1 in a three-parcel, 480-acre sale scheduled for September 22, 2026. 910

Price per total acre can also obscure operating value. A property with a residence, heated shop, wells, fencing, corrals, or established lease revenue may carry a different valuation basis from bare cultivated land. Similarly, native grass, wetlands, treed pasture, conservation restrictions, and grazing leases affect usable acreage and income but should not be treated as interchangeable with cultivated acres. The stated figures therefore provide comparison points, not independent market appraisals.

Risks, verification, and operating realities

Farmland ownership involves more than acreage and advertised soil descriptions. Buyers and analysts need to verify title, parcel configuration, access, zoning, municipal planning rules, water sources, septic systems, fencing condition, environmental restrictions, lease terms, and the status of buildings. Conservation leases, surface leases, grazing arrangements, and rental income can have defined terms or obligations, so reported revenue should be reviewed against written agreements rather than assumed to continue unchanged.

Maintenance requirements can be material on rural properties. Fences and cross-fences may require repair, dugouts and wells require monitoring, shops and barns require upkeep, and treed or wet areas may limit machinery access. The Fawcett description specifically notes that some pasture fencing needs repair and that additional land may require clearing before conversion to cropland. These conditions create operational costs and may restrict the timing or scale of agricultural use. 3

Market context and research sources

Farm Credit Canada is identified as a standard reference for Alberta farmland-value trends, while specialized agricultural brokerages and listing portals provide much of the property-level information. Research summaries describe continuing demand, low inventory, and premium interest in top-tier land, particularly where grain and oilseed production is supported by strong soils and efficient field layouts. Those market observations should be distinguished from the individual listing prices reported above. 11

Financing expectations also vary by operation type, soil quality, improvements, and borrower qualifications. The supplied market research identifies typical down-payment requirements in the range of 25% to 35%, but lender underwriting remains case-specific. Multi-parcel transactions are increasingly visible in the sample, including the 468-acre Bonnyville property and the three-quarter Jean Côté offering. Listing dates, auction terms, and availability can change, so published information requires confirmation through the responsible listing representative or source record. 510

Sources

1. Devereaux Property Management Services, SW 25-37-1 W5, Rural Red Deer County
2. Wahi, 711014 Range Road 80, Rural Grande Prairie No. 1
3. Peace River BC Farm and Ranch, 320-Acre Farm Northeast of Fawcett
4. Zonado, 139 Acres, Manning, Alberta
5. Zonado, 480 Acres, Jean Côté, Alberta
6. Zonado, 468 Acres, Bonnyville, Alberta
7. Zonado, 320 Acres, Wildwood, Alberta
8. FarmForSale.ca, Special Area No. 4 Alberta Farm For Sale
9. Zonado, 169 Acres, Thorsby, Alberta
10. Farm Credit Canada, Farmland Values Report
11. Farm Credit Canada, Alberta farmland value trends and market information