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Discussion Groups: Finances and Investing


Topic: Costs of subdividing land
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cdkg

9/17/2012 9:27:50 AM
Member since:
Sep 2009
Total posts:123
Costs of subdividing land

Can anybody give me an idea of how much it costs to subdivide a quarter section into smaller parcels? And how much cultivated land is going for these days?  
Thanks in advance

 
 
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Puffwad

9/17/2012 10:53:50 AM
Member since:
Dec 2007
Total posts:1194
Hmm, lets's see ....

 
How much will it cost to subdivide my land?  
 
Where the Minister is the Approving Authority the fee to apply for a subdivision is $290. If the subdivision application is approved, the approval fee is $175. If the subdivision results in the creation of more than one lot, there is an additional $175 approval fee per additional lot created.  
 
Planning districts with delegated subdivision approval authority have the authority to set fees at or above the level charged by the Department of Manitoba Local Government.  
 
Other costs to consider when applying for a subdivision include:  
 
•Surveying costs;  
•Municipal lot approval fees;  
•Costs associated with obtaining any conditional use orders or variation orders that may be required;  
•Costs associated with any zoning by-law amendments or development agreements that may be required;  
•Costs associated with providing any additional information that may be required as part of the subdivision review (such information may include septic field suitability studies, drainage and topographic information or supply and demand analyses);  
•Costs to register the new parcels created by the subdivision as per The Land Titles Fee Registration under The Real Property Act.  
 

farmer_tom

9/17/2012 11:04:29 AM
Member since:
Jul 2012
Total posts:93
.

Cultivated land goes for anywhere from $500-$5,000 per acre depending where it is located and what type soils/field conditions.  
 
Edited by farmer_tom, 2012-09-17 11:05:22

sjelectric

9/17/2012 4:13:26 PM
Member since:
Jun 2012
Total posts:102
.

Depends on your municipality. In Winnipeg it can cost 10-20 grand to subdivide a lot


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