How do I find properties outside of the city?
A recreational property is your escape from the hustle and bustle of everyday life – a place to relax and enjoy nature with family and friends.
Whether it is a chalet in the mountains, a cottage by the lake, or a villa by the ocean, Canadians can choose from some of the best recreational properties in the world.
Recreational Property Report
How can I learn more about the recreational property market?
The 2009 Royal LePage Recreational Property Report combines a poll of cottage/chalet owner and buyer attitudes with a market analysis of trends, activity and prices in recreational property markets in Canada.
This year’s exciting report examines the high prices that Canadians are willing to pay for recreational properties in Canada. Among some of the most interesting findings:
- Twenty-four per cent of Canadians planning to buy a recreational property are willing to spend more on their recreational property than on their primary residence.
- Market conditions unlikely to ease anytime soon as there will be seven prospective cottage/recreational property purchasers for every two cottage owners that plan to sell their property within the next three years.
- Seventy-eight per cent of Canadians who are likely or planning to buy in the next three years are under 49 years old.
- Properties on the waterfront, with a mature lot and large dock are the most coveted.
For further details on the recreational property market in your area, see the full reports below: