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.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Ladysmith life coach wins international award two years in a row

Bestka K-Burr has been named among the Top 100 Management Consultants in the World

Businesses mixed on downtown temporary washroom

Ladysmith Health Food Stores launches petition against the temporary washroom

Three active COVID-19 cases on Vancouver Island

Since July 24, Central island has had five new cases, North one, South none

Cheri Mactier celebrates 20 years in Ladysmith real estate

After 20 years in town, Mactier’s daughter, Brianne Mactier is joining the family business

Exhibit showcases one side of artist’s wide-ranging personality

Skagfeld takes something from all of her life experiences

‘Don’t kill my mom’: Ryan Reynolds calls on young British Columbians to be COVID-smart

‘Deadpool’ celebrity responds to premier’s call for social influence support

Captain Horvat’s OT marker lifts Canucks to 4-3 win over Blues

Vancouver takes 2-0 lead in best-of-7 NHL playoff series with St. Louis

Garbage truck knocks down lamp post onto pickup in north Nanaimo

Emergency crews respond to Dickinson Crossing plaza mall Friday afternoon

Widow of slain Red Deer doctor thanks community for support ahead of vigil

Fellow doctors, members of the public will gather for a physically-distanced vigil in central Alberta

Protesters showcase massive old yellow cedar as Port Renfrew area forest blockade continues

9.5-foot-wide yellow cedar measured by Ancient Forest Alliance campaigners in Fairy Creek watershed

Taking dog feces and a jackhammer to neighbourhood dispute costs B.C. man $16,000

‘Pellegrin’s actions were motivated by malice …a vindictive, pointless, dangerous and unlawful act’

Racist stickers at Keremeos pub leaves group uneasy and angry

The ‘OK’ hand gesture is a known hate-symbol

VIDEO: World responds to B.C. girl after pandemic cancels birthday party

Dozens of cards and numerous packages were delivered to six-year-old Charlie Manning

Most Read