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Buying Acreage in Vernon BC and the North Okanagan



North Okanagan Acreages are always one property type in high demand.


Buyers consider buying these larger properties for livestock, vegetable farming or simply for more privacy. Not only do acreage properties avoid that busy city congestion, but acreages also offer safe distancing from others. Whether it be a small hobby farm or a huge off-the-grid working farm, the acreage market in Vernon and the surrounding North Okanagan areas is on the rise.


Thinking about buying an acreage? Here are some important factors to consider when looking for an acreage. Keep in mind, acreage real estate is available for many price ranges, which are largely dictated by the following factors:


Location: The closer an acreage is to the amenities of a major center and services, generally the more expensive. The following sub-areas of the North Okanagan will be where the most acreage properties are found:


■ Armstrong / Spallumcheen

■ Enderby and area

■ Falkland and Salmon Valley

■ Coldstream and Lavington

■ Lumby and Cherryville (including Trinity Valley and Creighton Valley)

■ BX (both North and South)

■ Swan Lake West

■ Towards Silver Star Mountain

■ Okanagan Landing and Bella Visa


Size:  If all things are equal, the more acres - the more expensive.  As an example, at the time of writing, 37.03 acres on Young Road sold for 27% more than the adjacent property with 18.82 acres.  You will also note that double the acreage usually does not translate into double the price.


Property Type:  Generally speaking, the flatter the property – the more expensive. For example, 26 acres of beautiful flat, arable land recently sold for 50% more than a privacy acreage double the size.  Some of the different property types you will find in the Okanagan are:

■ Small parcels, mostly for privacy and a few domestic animals, generally 1-2 acres.

■ Hobby Farms which range anywhere from 2-5 and potentially up to 10 acres.

■ Horse Properties:  These properties are usually a minimum of 5 acres, are fairly flat, have various outbuildings such as corrals, tack rooms, hay sheds, are fenced and cross fences and barns and in some cases are even tricked up with riding rings other equestrian perks.

■ Farms:  Larger than the hobby farmer and more focused on farming for profit.  Usually flatter more arable land, some with commercial outbuildings as well.

■ Privacy Acreages:  Can be from a few acres to many, with less usable land yet the added bonus of no close neighbours.   (both North and South)

  

Servicing:  Some acreages located close to the major centers may utilize city services such as water, sewer and irrigation district water for fields and livestock. Many larger acreages and those that are farther away from the city likely supply their own services in the forms of wells and septic systems.  And still, others are right off the grid and even supply their own power source. 


Once your price range is established and you have picked your ideal location for your home, then comes the fun, interesting and often challenging part: finding the ideal acreage to buy. 


As mentioned above, size is an important consideration, as is property type. And often these two work together.  If you want a nice little hobby farm to call your own, you may give up having a 20-acre parcel with partially usable land and opt for 5 flat acres.  Many times a person will choose to sacrifice flat land, a view or arability if their primary goal is privacy and seclusion. 


Although it is an involved process to find an acreage that suits all aspects of your family’s wish list, it starts with a discussion about the most important items to you in your search: Location, Size, Property Type and/or Servicing.  From there we can suggest a strategy to start your property search with your goals in mind. 


Interested in buying a North Okanagan acreage? Or If you are thinking of selling your acreage - we’ve got buyers.

Check out current listings of Acreages for sale in Greater Vernon and the North Okanagan Here:

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118 Enderby-Grindrod Road
Enderby / Grindrod Enderby V0E 1V0

$6,400,000
Agriculture beds: 3 baths: 1.0

Main Photo: 118 Enderby-Grindrod Road Enderby / Grindrod: Okanagan Shuswap Real Estate Listing: MLS®# 10283431
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Photo 81: 118 Enderby-Grindrod Road Enderby / Grindrod: Okanagan Shuswap Real Estate Listing: MLS®# 10283431
Photo 82: 118 Enderby-Grindrod Road Enderby / Grindrod: Okanagan Shuswap Real Estate Listing: MLS®# 10283431
Status:
Active
Prop. Type:
Agriculture
MLS® Num:
10283431
Bedrooms:
3
Bathrooms:
1
140.82 acre dairy farm with 6 Titles located along the beautiful Shuswap River. Conventional double 6 herringbone parlour with auto-take offs. Newer 2000 USG Boumatic milk-tank. Approximately 130 acres of quality irrigated cropland under 127 acre feet of Water Licence supplied from the Shuswap River. Irrigation is delivered to the fields via 3 Irrifrance Hose Reels. Older but very functional cattle housing set up with dry pack and freestall beds. Stationary TMR feed delivery system to the milk cows. Silage is stored in long tubes on a concrete pad. Inground clay manure lagoon is located across the road with 12 month capacity of storage. There are 2 good homes on this farm, the main home is a 1300 sq ft 3 bed/1 bath and the second is a 975 sq ft 2 bed/1 bath, both with very nice updates. Family and farm services are located close by in the town of Enderby. This is a Share Sale of Rockledge Farms Ltd. (id:2493)
Property Type:
Agriculture
Size Interior:
1,300 sq. ft.
Transaction Type:
For sale
Ownership Type:
Freehold
Property Rights:
Water Rights
Community:
Enderby / Grindrod
Amenities:
Schools, Shopping
Community Features:
Rural Setting, Family Oriented
View:
River view, Mountain view
Waterfront:
Waterfront on river
Building Type:
Other
Home Style:
Ranch
Bedrooms:
3
Bathrooms:
1.0
Half Bathrooms:
0
Cooling:
Central air conditioning
Exterior Finish:
Wood siding
Fireplace:
No
Floor finish:
Laminate
Heating:
Forced air, See remarks
Heating Fuel:
Electric
Roof Style:
Asphalt shingle, Unknown
Water:
Licensed
Basement:
Full
Land Amenities:
Schools, Shopping
Farm Type:
Animal
Livestock:
Dairy
Road Access:
Easy access
Acreage:
Yes
Lot Size:
140.82 acre(s)
Lot Size:
140.82 ac|100+ acres
Lot Details:
140.82
Floor
Type
Size
Other
Basement
Other
15' × 13'
-
Basement
Other
16' × 11'
-
Basement
Other
18' × 12'
-
Basement
Other
18' × 10'
-
Basement
Other
10' × 8'
-
Basement
Other
10' × 8'
-
Main level
Mud room
7' × 7'
-
Main level
Laundry room
14' × 10'
-
Main level
Bedroom
13' × 10'
-
Main level
Bedroom
13' × 10'
-
Main level
Other
8' × 5'
-
Main level
Primary Bedroom
18' × 10'
-
Main level
Foyer
19' × 3'
-
Main level
Living room
20' × 15'
-
Main level
Kitchen
15' × 15'
-
Floor
Ensuite
Pieces
Other
Main level
No
4
9'0" x 7'0"
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Listed by Royal LePage Downtown Realty
Data was last updated May 27, 2024 at 08:15 PM (UTC)
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