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Buying farm with lagoon
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dabeegmon
Posted 12/3/2020 07:18 (#8641784 - in reply to #8641106)
Subject: RE: Buying farm with lagoon


SE Manitoba
Kuhnh - 12/2/2020 21:06

I’m currently looking to buy my first farm 25 acres with 18 tillable, it has a small sloped cattle barn on it that the alley feeds into a 1/4 acre dug lagoon. The realtor doesn’t know much about it but says it was pumped out and only has rain water in it. What are something I need to look at and consider before buying? Have never really dealt with lagoon before only hog pits and things like that so just trying to cover myself and get opinions before I get to far down a rabbit whole and money pit.

Thanks in advance


Dunno about there but here - - - - - would need to check if it was a registered 'lagoon'.
If yes - - - - there are some very specific rules about most everything most of which are a royal pita and few of which are cheap.

Worth asking some questions about BEFORE purchase.
After purchase - - - - everything would be your problem.
Before purchase - - - you might be able to negotiate a price reduction to cover some of the costs!
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