For your reference, below is the 2019 report on farmland value in Canada complied by Farm Credit Canada in which it states that the average annual growth of farmland value is around 6%.
Property Type: Freehold Land
Price: $360,000 CAD
Parcel Size: 300 acres
Stunning views of the mountain and Columbia River, this is special piece of land. Picture yourself living in a house with that spectacular view, it is the right spot for everyone to build their dream house. Specious and broad, this property has a lot of other potential to develop for many lucrative opportunities. Situated just minutes from town of Montrose and close distance from other Kootenay towns such as Montrose, Fruitvale, Trail, Castlegar; also 30 mins from regional airport such as Trail and Castlegar, this property is very easy to get to everywhere. Currently zoned as RR-1, where single family houses are permitted to be build. Another feature of this property is to use it as a recreational property where you can do hiking trails, ATV, camping and other possibly commercial use. Nearby is a famous hiking trail, Montrose Antenna trail, in which is famous for locals to do a getaway trip. This property is just adjacent to these hiking trails, a possibility to develop it into a commercial tourist area for locals and for travelers. Book a time this week to inspect property!