Valley L
Sold on September 12, 2022
from 3:00 PM to 3:00 PM UTC
Location
Virden, MB
Sale Size
2 Parcels
Final
$875K - $1.15M
Over 1,000 acres selling in 2 Parcels less than 14 miles north of Virden, Manitoba. Located beside the Assiniboine River, the ranch headquarters feature significant infrastructure, including barns and indoor and outdoor riding arenas, and the pride in ownership shines through.
Over 1,000 acres selling in 2 Parcels less than 14 miles north of Virden, Manitoba. Located beside the Assiniboine River, the ranch headquarters feature significant infrastructure, including barns and indoor and outdoor riding arenas, and the pride in ownership shines through.
Available Parcels
Parcel Name Parcel 1 | Parcel Size | Final $1,150,000 | View Details & Offer |
Parcel Name Parcel 2 | Parcel Size | Final $875,000 | View Details & Offer |
Sale Description
Click here for directions to Parcel 1 and Parcel 2.
Click here to view the specific details in the Offers to Purchase for Parcel 1 and Parcel 2.
Welcome to ‘Valley L at Virden.’ This majestic ranch consists of over 1,000 contiguous acres of highly fertile soil and looks down over the breathtaking Assiniboine river valley in the heart of Manitoba’s diverse landscape. The land base of ‘Valley L at Virden’ was assembled and then augmented yearly and is now set to swing open the gates and welcome its new owner after the sale day on September 12th, 2022.
The connection between equine athlete and rider is paramount to success in the sport of Rodeo and this is especially evident in the precise teamwork necessary in the tie-down roping event. The gift of a superstar horse might only come along a few times in a lifetime, as those in the game can attest. The horse that backs in the box every time perfectly, scores like a champion regardless of the arena, runs hard, and works rope, is truly a work of art; one could say that every detail and every step matters.
The Brown family followed similar details and steps over the years when it came to raising their horses and constructing their ranch. From world-renowned six-horse hitches to breeding superstar barrel racing and rope horses, no detail or step has been overlooked in the barn or out on the ranch itself.
The Brown family have been pillars in the Virden community for generations, and ‘Valley L at Virden' is the ranch many know and have come to love. The unmatched equine facilities and the open-door policy have contributed to decades worth of memories that family and friends have created. Now the Browns are ready for the next chapter in their lives. The benefactor of their decades of hard work and attention to detail will be the higher bidders on sale day. Who says dreams cannot be purchased?
Much like finding elite horses that are available for purchase, it is rare for such an exclusive ranch to come on the market. 'Valley L at Virden' is the ranch that has stayed in the family for decades. A ranch such as ‘Valley L at Virden’ may sometimes be imitated but could never be duplicated. The key ingredients to any successful ranch are water, fertile soil, ample rainfall and excellent management. ‘Valley L at Virden’ checks all these boxes and more.
PARCEL 1 consists of a total of 480 acres and includes the ranch headquarters. The mature yard is set up perfectly for the equine or cattleman buyer. Boasting extensive infrastructure, a cattle producer may want to utilize the barn for those cold January calving nights or continue to use it as an equine training facility. There are indoor and outdoor riding arenas, a sizeable metal-clad pole building, and a country home ideal for raising a family. The yard is set up for year-round active use. There is plenty of water for livestock, and the pipe corrals with shelters are ready for the new owner to swing open the gates and utilize. This parcel is the perfect mixture of hay, with plenty of pasture, and stunning views over the river valley, not to mention the opportunity to increase the number of arable acres if one so chooses.
PARCEL 2 is comprised of 560 acres that are currently in hay and pasture. Parcel 2 is a large, open, well-maintained assemblage ideal for a grain farmer looking to expand or a livestock farmer looking to continue ranching. The county road along the eastern boundary provides excellent access, and the fences are livestock ready. Parcel 2 includes access to river pasture and idyllic views seemingly plucked from a Hollywood Western.
Like the 120-plus world-renowned Brown's Percheron horses that called 'Valley L at Virden' home, the new owner can truly hook the tug lines to this ranch and feel content in knowing that it will take care of them - just like it has taken care of the Brown family.
As everyone knows, there is a significant output of funds to build new, not to mention the investment of time. ‘Valley L at Virden’ is truly turn-key. Do the math on a quick cost analysis of the Starting Bids versus the extensive investment to replace the infrastructure, include the decades of hard work that created this masterpiece, and feel confident in purchasing ‘Valley L at Virden’ on sale day. Whether the new owners choose to move their ranch headquarters here with the existing infrastructure, set the air drill for more arable acres, rope a steer in the arena, or hitch the team and go down to the river, ‘Valley L at Virden’ is truly a once in a lifetime opportunity for prospective buyers.
'Valley L at Virden' is being offered for sale via online electronic tender by CLHbid.com. Please check the website for updates from time to time.
Viewing of Property: The property may be viewed by interested registered bidders. Please contact us by email at info@clhbid.com for an appointment.
Valley L is being offered for sale via online escalating tender by CLHbid.com. Check the website for updates from time to time. The property may be viewed by interested registered bidders. Please contact us by email at info@clhbid.com for an appointment. As a law firm, CLHbid never discloses bidder's names to any party, including the Seller. Only the successful buyer's name is ever disclosed to the Seller as part of the closing process.
Proven Results
from satisfied buyers
Frequently Asked Questions
There are existing auction platforms out there such as the ‘Iowa Auction’ that stop bidding after all individual parcels have received high bids. Then for round #2 of the auction they allow past as well as new bidders to ‘up the ante’ by bidding on the entire farm or ranch with a reserve bid set at the aggregate price just bid on all individual parcels in round #1.
After seeking input from many farmers and ranchers, most told us they didn’t feel a platform such as this was fair to bidders on individual parcels who in many cases have went to a lot of work to get pre-approved for financing etc. Farmers and ranchers also indicated they didn’t think it is fair for a large player to ‘lay in the weeds’ and not bid until after the initial round of bidding. They also told us that it would not be fair to allow a larger player to acquire the entire farm or ranch for only a few dollars more than the aggregate of the prior individual bids. Hence the rationale for the ‘premium bid’ amount for the ‘en bloc’ parcel at the conclusion of the auction.
At CLHbid.com, you as bidder only need to be high on a certain number (generally less than 50%) of parcels in order to have a chance to acquire the entire farm or ranch, whereas at national Auction firms you generally have to be high on 100% of the parcels in order acquire the entire ranch or farm.
Bidders have no knowledge of the identity of other bidders. Likewise, the Seller during the sale is not privy to who may be bidding or how many parcels someone may be ‘high on’. At CLHbid.com we set out to create a platform for the selling or leasing of agricultural land that was honest, fully transparent and offered no opportunity for bids to be shopped by the Seller. This is especially important wherein the Seller has final approval.
At CLHbid.com we have put safeguards in place in our CLHbid.com contract with our Seller to ensure the Seller deals only with the high bidder at the conclusion of bidding. During the timed auction itself, all back-end information is locked down including who is bidding or who is registered to bid. At the conclusion of the bidding, the Seller is privy only to the name of the high bidder on each parcel.
The minimum increment for bidding is set prior to each specific sale in consultation with the Seller. The increments are set having regard to the FMV of the parcel being sold with more expensive parcels generally having larger increments.
We have all been to live auctions where a quarter of land worth $500,000.00 starts at $100,000.00. The parcel is then bid up in large increments initially with the increments gradually decreasing in size as the bidding approaches the end. At CLHbid.com, given our predetermined minimum increments, we try and speed up the process by starting the bidding at what we see as a reasonable number to start serious bidding at, yet a number still below FMV.
In addition, given the ‘en bloc’ final parcel bidding option offered at CLHbid.com, we require a floor number for each individual parcel in the unlikely event a specific parcel doesn’t receive a bid, yet at the conclusion an eligible bidder wishes to bid on the entire farm or ranch. In such a case, the Starting Bid becomes the value to be used for that Parcel not receiving a bid when determining aggregate bids. It is important to note the Starting Bid is not a Reserve Bid.
PLEASE NOTE: Not all CLHbid.com sales have an ‘en bloc’. Please review the particulars of each sale for clarity.
No. The Seller waives their right to approve the sale if there is a bid on the ‘en bloc’.
This is really no different than in the tendering process wherein Tenders stipulate “any and all tenders will not necessarily be accepted”. One issue with tendering is the cost to put a tender in the paper is nominal and there is always a risk of the Seller perhaps just feeling out the market or wanting to know the names of the parties interested.
At CLHbid.com one of the paramount reasons for allowing the Seller final say is to alleviate the need for an expensive Guarantee to the auction house – expensive and seldom called upon yet often required by the Sellers bank. The Seller’s bank doesn’t require the Seller to purchase a Guarantee when using the CLHbid.com platform wherein the sale is at the Seller’s discretion.
CLHbid.com incurs significant marketing costs in the event the Seller fails to accept the high bid(s). The Seller is under contract with CLHbid.com and the contract references trigger values indicating when the right of the Seller to refuse a sale is taken away.
At CLHbid.com, our Sellers are fully invested in the process meaning the likelihood of a high bid not being accepted is extremely remote.
No. At CLHbid.com there is no advantage to waiting to bid. Our platform has a ‘refresh’ function on the clock such that any bid placed near the expiration of the timed sale will automatically re-set the clock adding additional minutes to the clock giving all parties (including the bidder that was just outbid) another opportunity to bid.
At CLHbid.com we take the human element out of the process. During the bidding process if you are high, you will receive an online notice saying you are High Bid. If you get outbid you will receive an online notice saying you were Outbid. Immediately upon expiration of the timed sale, the high bidder will receive an email indicating they were the HIGHEST BIDDER.
All emails are auto generated. The question cannot arise as to whether you were high or not or “was it shopped to someone they liked better” such as when tendering land.
No. The Starting Bid is just that. The first bid required for a Parcel is the Starting Bid and not some number above it. If you are the initial bidder and just bid the basic minimum increment your Current Bid will be the Starting Bid number.
CLHbid.com doesn’t publish the name of the high bidder. We do, however, disclose the name of the high bidder to the Seller as they are then in a contractual agreement to buy and sell. We leave it up to the high bidder and Seller to tell whomever they wish.
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The sale starts and finishes in a matter of hours and the time will extend if bids are placed in the last two minutes of the sale. As confidentiality and honesty are paramount to us, bidders names are never released.
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