VIDEO: Realtor of massive house for sale says new ALR rules would hurt wealthy farmers

A 14,500-square-foot King Road home is the fourth largest to ever hit the market in Abbotsford

Proposed new rules limiting the size of homes that can be built on agricultural are overly restrictive and will penalize wealthy farmers, says a realtor currently selling a 14,000-square-foot mansion.

Last month, the province announced that it intends to pass legislation that will ban the building of new mansions over 5,400 square feet on farmland unless the owners can show they will benefit agriculture. Most homes that have been built on agricultural land over the last three years would have been barred under the proposed new rules, which aim to discourage estate homes from gobbling up the region’s precious farmland.

This week, one such estate home – a 14,500-square-foot, six-bedroom, 10-bathroom house on King Road – went up for sale this week. The house is the fourth largest to ever be put up for sale in Abbotsford, according to realtor Jonathan Gelderman. The mansion was built by the owner of an adjacent farm. The home also functions as a bed-and-breakfast and has a ground floor with a commercial-style kitchen and rooms that can host conferences.

The cost of agricultural land in the Lower Mainland, Gelderman said, is that those who farm are either rich or have pooled their resources with extended family.

“To own a farm you have to be wealthy in the valley. You’re not going to get a five- or 10-acre farm, fully operational, without millions of dollars … so people here farming are wealthy and for you to tell a wealthy person they can’t have a nice home is insane,” he said.

Those who aren’t individually wealthy, but have bought land with extended family, are not allowed to build multiple non-modular homes on the Agricultural Land Reserve (ALR). Construction of single, larger houses is the natural result of that policy, Gelderman said.

He said a more effective means to ensure the productive use of ALR land would be to increase the amount of farm income a property owner needs to show in order to qualify for significant tax breaks.

“I know a lot of people – quote, unquote – farming in Abbotsford and the reason they farm – in quotes – is because they want to pay less property tax,” Gelderman said.

That so-called farming, he said, isn’t actually productive.

“If you took that threshold and bumped it up to … something meaningful, then what’s going to happen is, if they’re not actually operating a farm and you have to tax them on the full value of their estate, they’re going to be paying gobs of money.”

The province has said that the proposed changes may not be the end of new rules, and a panel aimed at “revitalizing” the ALR has highlighted the issue. The City of Abbotsford did the same in a letter to the Minister of Agriculture earlier this year. Meanwhile, Gelderman says the value of mansions like that which he is selling on King Road will only increase.

“Homes like this are going to go up [in value] because you can’t build them anymore,” he said. “Right now, people who want a home of this magnitude want to build it themselves. But if the government takes that right away, houses like this are going to jump up.”

RELATED: Most homes being built on Abbotsford farmland exceed new size limits

RELATED: Abbotsford asks for help enforcing ALR rules

RELATED: Agricultural Land Reserve changes heading in right direction, say ag reps


@ty_olsen
tolsen@abbynews.com

Like us on Facebook and follow us on Twitter.

Just Posted

Revelstoke child care centres receive $45,000 in CBT funding

The grants are for equipment purchases as well as outdoor space upgrades

Clouds and rain for election day in Revelstoke

Forecast from Environment Canada: Today: Cloudy. 30 per cent chance of showers… Continue reading

Revelstoke takes the plunge to support the Special Olympics

Fundraisers swam in Williamson Lake on Oct. 20

Rain in forecast for Okanagan-Shuswap region

Mixed bag of clouds, sun and showers forecast for the week ahead

Video: Revelstokians discuss issues for this election

Climate, economy, jobs were some of the deciding factors

Tories take North Okanagan-Shuswap riding with decisive lead

Incumbent Conservative MP Mel Arnold returns to Ottawa, Liberal Cindy Derkaz a distant second

Conservative candidate Tracy Gray wins Kelowna-Lake Country

The Canadian Press declared her the winner around 8:30 p.m.

Conservative Dan Albas wins Central Okanagan-Similkameen-Nicola

Supporters for candidates gather in West Kelowna to watch election results

Second young woman dies after rollover crash near Williams Lake

‘Someone’s going to get her heart, which is awesome, because she has the best heart in the world’

Google searches for ‘how to vote’ surge on Election Day

Interest spikes despite social media campaign by Elections Canada

Troll Grandfather bridges gap in Okanagan

Spotlight Kids’ Series show comes to Vernon Sunday

Alberta man pleads guilty, fined for hunting without a licence in North Island

It’s the responsibility of each hunter or angler to know whether they are considered a B.C. Resident.

Sentencing date set for former West Kelowna teacher charged with child luring

Former Mount Boucherie teacher Bradley Furman will be sentenced on Dec. 16

Most Read