For your reference, below is the 20202report on farmland value in Canada complied by Farm Credit Canada in which it states that the average annual growth of farmland value is around 13%.
Property Type: Freehold Land
Price: $589,900 CAD
Parcel Size: 95.58 acres
Beautiful Mountain view acreage for sale! Located in Fruitvale, close to the Kootenays. Breathtaking view, ready for any buyer to build a house or any other buildings. Road accessible, multiple building sites, and treed. Stunning view overlooking the Columbia River and the valley below. Just a few minutes to town, shopping and groceries. The property is outside of the Agricultural land reserve and has subdivision potential. Road access on Columbia Garden roads. Possibly subdivide off a couple of parcels and have them pay for the property! Vendor finance maybe possible.