Summer in Kenora Cottage Country

Canadian Recreational Property Report   (Some excerpts from the Royal LePage Property Report)

Kenora Cottage Country July 2012

The recreational market is off to a good start this year, mild temperatures had Sellers listing earlier than usual and Buyers entering the marketplace as early as January.  Therefore, year-over-year activity is up, unit sales have increased, and we have a good selection of available inventory on-hand.  Expect unti sales to continue to rise as more Buyers enter the marketplace.

  • While recognizing a recreational property can provide a good financial return on investment, more than 50% of Buyers treat their purchase as a lifestyle choice.
  • The most sought after features of recreational property are "quiet," followed by "Four-season use," and "boating/fishing."
  • July 1st, 2012 - Happy Canada Day
  • July 4th, 2012 - Happy Independence Day United States
  • July 30th, 1962 - The Trans-Canada Highway opened

 

Greg Kirby

Greg Kirby

Broker
CENTURY 21 Reynard Real Estate Ltd., Brokerage*
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