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

Abbots-FORD or Abbits-FERD?

Meme sparks debate over proper pronunciation of city’s name

Cineplex to show free holiday movies to support Boys and Girls Clubs of Canada

Community Day will be on Dec. 7 from 9 a.m. to 11 a.m at select theatres

Abbotsford Centre records busiest fall on record

Venue sees more than 48,000 guests and four sellouts from Sept. 14 to Nov. 3

Mission Christmas Bureau accepting applications and donations

More than 77 children have already been registered and another 500 are expected this holiday season

Bomb threat at Mission school not credible says superintendent

West Heights Community Elementary School struck by vandals over the long weekend

VIDEO: Disney Plus gives Canadians a streaming platform that nearly matches U.S. version

The Walt Disney Company’s new subscription platform unveiled a comprehensive offering of nearly 500 films

B.C.’s 13-cent gasoline gap still a mystery, Premier John Horgan says

NDP plans legislation this month, seeks action from Justin Trudeau

Former Vancouver Canucks player suing financial advisors for negligence

Jason Garrison claimed his advisors failed to take his circumstances into account

Group walking on thin ice at B.C. lake sparks warning from RCMP

At least seven people were spotted on Joffre Lakes, although the ice is not thick enough to be walked on

B.C. teacher said he would use student to ‘whack’ two others on Grade 8 field trip

Campbell River teacher-on-call suspended three weeks after November 2018 incident

Petition to ‘bring back Don Cherry’ goes viral after immigrant poppy rant

Cherry was fired from his co-hosting role for the Coach’s Corner segment on Nov. 11.

Bill Murray dons iconic Hudson’s Bay scarf to watch Canucks game in Vancouver

Murray is in Vancouver to film The Now, a mini-series directed by Peter Farrelly

Canadian allergists’ group wants Benadryl behind the counter due to side effects

Some doctors say the medication is over-used because of its easy availability

B.C. government grappling with multiple labour disputes by public-sector unions

Public-sector unions may have expectations of a labour-friendly NDP government

Most Read