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10-12-2018, 07:32 AM
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Join Date: Jan 2012
Location: On the border in Lloydminster
Posts: 8,371
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Rural Sask. mansion assessed at nearly $2.6 million sells for $550K
My chance at a little fixer upper retirement home gone! 
A rural mansion assessed at almost $2.6 million sold Thursday at auction for $550,000.
'It's one of a kind': $2.6M rural Sask. mansion for sale
The unfinished, 12,000-square-foot home was to be the retirement home of a Ukrainian businessman. It sits on more than 100 acres of farmland near Kinistino, Sask., which is about 145 kilometres northeast of Saskatoon.
The home features geothermal heating, a 2,700-foot four-car garage, a movie theatre, an elevator, a solarium, a fitness centre and a swimming pool with two adjacent saunas.
he businessman set to retire there ran into issues with obtaining citizenship and the house was being built on a Prince Albert family's land.
The landowner died in 2016, and the sale is part of settling his estate.
Fritshaw said the sale wrapped up as well as he could have expected.
"At the end of day, our sellers are very happy with the results, which in turn makes us happy with the results."
https://www.cbc.ca/news/canada/saska...sold-1.4859360
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10-12-2018, 08:11 AM
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Join Date: May 2007
Location: Calgary
Posts: 3,343
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Darn it ! I was just in the market for a 2.5 - 3.0 million dollar home. I could have saved some coin. Oh well, I guess I will just stay put in my humble abode.
Dodger
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Freedom comes with responsibility and integrity. Not stupidity and self entitlement.
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10-12-2018, 08:25 AM
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Join Date: Aug 2008
Location: CNP
Posts: 3,760
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Who would want to live there? Kinistino looks like a great place to be from.
__________________
You are what you do, not what you say.
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10-12-2018, 09:38 AM
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Join Date: Sep 2012
Posts: 6,271
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Probably close to the actual value as "unfinished" 2x4's and plywood do not cost much, it is the bathrooms, hardwood, cupboards where
most of final major costs in a home.
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10-12-2018, 09:48 AM
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Join Date: Feb 2008
Posts: 3,083
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Quote:
Originally Posted by lannie
Who would want to live there? Kinistino looks like a great place to be from.
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Not to bad. 1 hr to Saskatoon, 1/2 hr to Prince Albert, Humboldt. Record monster Whitetail country, Moose, Goose hunts. Monster Walleye (10-20lbs), less than 1 hour away to Tobin Lake. Hot women in Melfort, I dated a few, many years ago. Outdoorsman Dream home. 
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10-12-2018, 10:22 AM
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Join Date: Dec 2010
Location: East Central AB
Posts: 1,153
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The fellow I worked with stayed at that businessman's place in the Ukraine. The guy saw the political and business climate changing in the Ukraine and had sold off some of his businesses for 10 million and was going to diversify into Canada. He was actually a very humble man but very good at making money. He liked the Saskatchewan area and started to build that home. Seems like his luck ran out.
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10-12-2018, 12:09 PM
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Moderator
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Join Date: Jul 2008
Location: A bit North o' Center...
Posts: 11,164
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Hey, I could definitely have seen myself in a place like that!
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10-12-2018, 12:28 PM
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Join Date: Dec 2008
Location: Alberta
Posts: 24,071
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The wife said we should have bought it, she had always talked about having a place for special weddings. Imagine the possibilites for that and of course other things. Personal indoor archery/gun range, pretty much anything someone wanted. 12,000 sq ft is likely on the main floor only, so 30,000 feet or so of living space?
But imagine as well the taxes, the insurance, cost to finish, cost to heat alone would be atrocious.
__________________
Only dead fish go with the flow. The rest use their brains in life.
Originally Posted by Twisted Canuck
I wasn't thinking far enough ahead for an outcome, I was ranting. By definition, a rant doesn't imply much forethought..... 
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10-14-2018, 05:29 PM
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Join Date: Feb 2012
Posts: 2,310
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Quote:
Originally Posted by lannie
Kinistino looks like a great place to be from.
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It's no Melfort, but it's nicer than Birch Hills.
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10-15-2018, 05:22 PM
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Join Date: Apr 2008
Posts: 5,652
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If it was in Beanfait, I'd own it....
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10-15-2018, 07:32 PM
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Join Date: Dec 2008
Location: Alberta
Posts: 24,071
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The new owners are asking people what they think should be done with the house. They are running threads on Facebook looking for ideas.
__________________
Only dead fish go with the flow. The rest use their brains in life.
Originally Posted by Twisted Canuck
I wasn't thinking far enough ahead for an outcome, I was ranting. By definition, a rant doesn't imply much forethought.....
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