Every parcelvalued, and the whole package considered
What it is
A defensible number, without a full appraisal
A Letter of Opinion is a desktop estimate of market value for agricultural land, prepared by a farmland REALTOR® who works in the Saskatchewan market every day. It's built from recent arm's-length sales, ISC title records, SAMA assessment data and aerial imagery.
What's included
✓Agricultural land, valued parcel by parcel
✓Comparable sales and SAMA analysis
✓Aerial imagery of the land
When they're used
Built for two kinds of files
For ag lenders
Renewals and annual collateral reviews
Purchases and refinances where a full appraisal isn't required
A quick read on a file before deciding whether to order an appraisal
For landowners
Estate and succession planning
Transferring land within the family
Subdividing a yard site off a quarter
Deciding whether it's the right time to sell
What's in every letter
Every letter shows its work
So a credit reviewer can follow exactly how the number was reached.
✓Estimated market value of the agricultural land, broken out parcel by parcel
✓Recent arm's-length comparable sales, time-adjusted to the effective date
✓Each comparable's price as a multiple of its SAMA assessment, applied to the subject
✓ISC title, ownership and acreage reconciled to SAMA land use
✓Soil, land-use and productivity notes, with irrigation screening where it matters
✓Aerial imagery of the subject and the main comparables
✓A Farm Credit Canada regional cross-check
✓Stated assumptions and limits of reliance
✓For lender files, a declaration that we have no interest in the property, owners or financing, and that our fee doesn't depend on the value
Files we handle well
Where the extra work shows
Simple quarters are quick. These are the files where local experience matters most.
01
Irrigation land
Certified, uncertified with potential, and developed, each valued against the right tier of sales.
02
Pasture, hay and mixed land
Native grass, cultivated grass and forage valued on their own evidence, not cropland rates.
03
Subdivision remainders
The land left after a yard site comes off, with acres and assessment allocated.
04
Irregular parcels
Quarters split by rail lines, roads or excluded land.
05
Multi-parcel holdings
Every parcel valued on its own, then the holding looked at as a whole: contiguity, access and how the land works together.
Pricing
$375
per quarter section
Turnaround
3 business days, rush available
Billed to
[Lender, borrower or orderer]
GST
Extra
How to order
A two-minute email
Or use the form at the bottom of this page.
1Send the legal land descriptions (or ISC parcel numbers) and the registered owners' names.
2Tell us who the letter is addressed to and what it's for: purchase financing, renewal, collateral review or estate planning.
3Mention anything the records won't show: irrigation certification, leases, a family sale, a planned subdivision.
4We confirm the fee and delivery date, then send the letter as a PDF. Need it sooner? Ask about rush.
SAMPLELETTER OF OPINIONLetter of OpinionEstimated Market Value · Agricultural Land OnlyESTIMATED MARKET VALUE$000,000
Sample letter
See exactly what you'll get
Our standard format, shown on a made-up property with fictional owners.
Dale has more than 16 years of experience selling farmland across Saskatchewan. He knows the land and the market, and he has built strong relationships with farmers and buyers throughout the province.
As a REALTOR® with Boyes Group Realty Inc., Dale specializes in farm and ranch sales, including complex, multi-quarter transactions.
Every Letter of Opinion is prepared and signed by Dale himself.
No. It's a Letter of Opinion from a licensed REALTOR®, and every letter says so. Files that require a CUSPAP appraisal need an accredited appraiser.
Who can rely on it?
The party it's addressed to, for the purpose stated in the letter.
Is the land inspected?
No. Letters are desktop opinions based on title and assessment records, comparable sales and aerial imagery.
Are buildings or equipment included?
No. The letter covers agricultural land only.
Where do you work?
All over Saskatchewan. We prepare letters for farmland anywhere in the province.
Get started
Order a letter or request a sample
Send the details below and we'll confirm the fee and delivery date. Prefer to call? Dale Murdoch, 306-774-6100, dale@saskranches.com.
Letters of Opinion are not appraisals and are not prepared to CUSPAP standards.
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