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2012 royal le page recreational propery report may 2012
 

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    2012 royal le page recreational propery report may 2012 2012 royal le page recreational propery report may 2012 Document Transcript

    • 2012 Royal LePageRecreational PropertyReport
    • Table of contents 2. Prince Edward Island 3. Newfoundland 3. New Brunswick 4. Quebec 6. Ontario 14. Manitoba 15. Saskatchewan 16. Alberta18. British Columbia 2012 | Royal LePage Recreational Property Report | | 1
    • Regional SummariesPrince Edward Island - $140,000, whereas a standard waterfront, land access propertyFrom its stunning landscapes to sells for approximately $120,000 -its sandy east coast beaches, PEIis an ideal vacation destination for $200,000. These buyersCanadians of all ages. Not only Peters notes that although the are lookingis PEI home to some of Canada’s majority of buyers purchaseoldest historical monuments, but the recreational properties for lifestyle for propertiesprovince offers many cultural and opportunities, many are increasinglyadventurous activities all year round. looking for properties from which they can not “PEI’s recreational market is off to they can draw a secondary income. “Both younger families and semi- only enjoy fora good start this year,” said KenPeters, broker/owner, Royal LePage retirees make up the large majority of our buyers. These buyers are looking themselves,Peters & Lank Realty. “Unit sales for properties that they can not only but use as ahave increased slightly from this time enjoy for themselves, but use as alast year and we expect this figure to secondary income stream.” secondarygrow in the coming months as morepeople enter the marketplace.” According to Peters, there is a income stream. misconception that recreationalAverage prices for a standard in-land properties can only be leased in PEIproperty in PEI range from $80,000 for out of province buyers. “Although2 | | Royal LePage Recreational Property Report | 2012
    • whale watching, iceberg exploring, boating, skiing, music festivals and cultural events. “The majority of buyers are locals in their late 30s or 40s, who are looking for a vacation home to enjoy with their families,” states Larkin. When asked about a common misconception among buyers searching for a recreational home, Larkin states that many people are not aware of the recreational market and what properties typically sell for. “Many buyers don’t match their wants with their budgets. Many expect that they can get a great ocean view property for a bargain. My best advice for those who are interested in purchasing in the area is to work with a trusted Approximately 22 per cent of Canadians REALTOR® who can provide you with accurate market information.” living in Atlantic Canada use their New Brunswick recreational property as a retirement property and live there part-time The New Brunswick area is as renowned for its spirited Acadian culture as it is for its beautiful marine wonders, mountainous landscapesthere are a few regulations that out The average price for a standard and sandy beaches. Situated onof province buyers might have to waterfront property, with water access, Canada’s east coast along theadhere to, in the vast majority of costs $106,500, while a standard Atlantic Ocean, the province is easilysales these regulations do not apply.” property, with waterfront and land accessible by the Trans-Canada access, costs $132,000. The average Highway, making it an easy driveFor those interested in purchasing price for a standard non-waterfront from Ontario and Québec.in the Prince Edward Island area, property in the province is $93,500.Peters recommends that buyers do “The recreational property markettheir homework. “It’s important to Glenn Larkin, agent with Royal LePage in New Brunswick is beginning tofind the right real estate agent that Professionals 2000, notes that prices ramp up as we enter cottage countryknows the recreational market and for recreational properties have season,” said Carla Bouchard,can help you find a property that increased by 10 per cent from 2011, broker/owner, Royal LePage Metro.best suits your needs.” while inventory levels have decreased “Inventory levels across most slightly from last year. “We had a very property types are up this seasonNewfoundland mild winter, which prompted our selling and will likely increase throughout season to begin sooner than usual,” 2012.”Newfoundland is an ideal destination states Larkin. “Overall, market activityfor anyone wanting to get back in is fairly active and we are seeing that Waterfront properties continue to betouch with nature. Surrounded by buyers are still very much interested in in high demand – this is especially29,000 kilometers of coastline, the purchasing a recreational property in true among buyers, betweenprovince is filled with lush forests, Newfoundland.” the ages of 40 and 50, who aresweeping barrens and ancient rock looking for a four-season propertyformations. The seasonal temperatures According to Larkin, many buyers are they can enjoy with their children.in the region also make it a great drawn to the area because there are “Many families who buy recreationalvacation destination all year round. many recreational activities, including properties in New Brunswick do so 2012 | Royal LePage Recreational Property Report | | 3
    • because they view their purchases Quebec Robert Charbonneau, a real estateas a sound real estate investment, agent with Royal LePage Action. “Weand want to invest in a property they Eastern Townships see a lot of professionals and youngcan enjoy throughout the year.” families looking for a quiet place or No need to drive for hours to get away a vacation spot that will bring them Bouchard notes that the average from the urban lifestyle. Less than an piece of mind. These buyers are alsoprice of standard waterfront property hour drive from downtown Montréal, interested in finding a property wherewith land access costs $110,000, Eastern Townships bring a whole they can take advantage of the area’swhile a standard water access new lifestyle dimension to recreational many activities, which are offered allproperty costs $170,000. In-land property living. This popular vacation year-round.”properties (non-waterfront) are also spot offers a variety of outdoor,available and have an average price cultural and gourmet activities to Waterfront properties and thoseof $65,000. satisfy any buyer. with access to nearby ski slopes are in high demand in the EasternFor those looking for a property “Potential buyers in our area are Townships. “Upscale recreationalin the area, Bouchard advises interested in finding a recreational properties represent a very interestingthat buyers research the area and property that meets their lifestyle market. Buyers would be surprised bybecome informed about all the costs needs. Ideally, they are looking for a the good deals they could find there,”and maintenance required with second home where they can relax states Charbonneau.owning a recreational property. with their family and loved ones,” says Almost all (98.6%) of current owners and intended buyers surveyed in Atlantic Canada agree that a cottage/ recreational property is a great way to bring family together4 | | Royal LePage Recreational Property Report | 2012
    • Year-over-year prices haveincreased slightly from last year.On average, waterfront properties 77 per cent of owners and intendedsell for approximatley $300,000 to buyers living in Quebec feel that$1,000,000, while properties withwater access range from $350,000 purchasing a recreational property givesand $1,000,000. Land access (notwaterfront) properties sell for between a larger return on investment than the$170,000 and $300,000 on average. stock marketMemphrémagogLocated in the Eastern Townships this region features properties to the next five years will see theregion, Memphrémagog is a favourite suit most desires. “But there’s Ironman Mont-Tremblant, a triathlontourist destination among Canadians. one feature that’s clearly the most race, take place in the heart of theThe view of Lake Memphrémagog popular among buyers in the region. With so much to do and see,covers more than 40 kilometres, and region: tranquility,” states Longpré. Mont-Tremblant remains very popularthe mountains forming Mont-Orford “Our buyers are looking for a quiet with recreational property buyers.National Park and Mont-Orford are property in a resort area. They wanta magical destination for visitors. to be able to take advantage of the “Buyers always hope to get a greatProspective buyers will be also region’s attractions and spend quality deal when they come to see us andpleased with local attractions; in fact, time with their family and friends.” often, their planned budgets do notvisitors can enjoy Memphrémagog correlate with market prices. Thatgetaways on the Grand Cru luxury The average price of recreational being said, agents are able to findboat that will take them to the properties has remained stable when recreational properties to suit mostmajestic Lake Memphrémagog, the compared to the same period last budgets and needs,” says Paulnew Memphrémagog Library, which year. The average price of a standard Dalbec, a certified real estate agentis built in a former church, as well waterfront property with land access with Royal LePage Région Mont-as a rest area and a tourist office is around $230,000 and that of a Tremblant. “These days, buyerscurrently being built along highway standard waterfront property is want to buy recreational properties100 at exit 115. approximately $336,000. to relax in while also enjoying the numerous attractions offered by“The main reason people come to Mont-Tremblant Mont-Tremblant. We are very proudsettle in Memphrémagog is to enjoy to have the IronMan Mont-Tremblantregional activities. Young families are Mont-Tremblant is very busy in for the next five years. There is nolooking for recreational properties to both summer and winter and doubt that this sporting event willhave as a secondary residence to the mountain’s reputation as a attract thousands of visitors andenjoy and where they can get away recreational getaway has stood for will only reinforce the mountain’sfrom urban life,” explains Christian generations. This resort is the perfect reputation as a great place for sportsLongpré, a certified real estate agent place to spend holidays. Skiing, and outdoor activities.”with Royal LePage Au Sommet. biking, hiking, golf and relaxation enthusiasts, just to name a few, will Waterfront properties and condosRecreational property buyers enjoy the vast selection of activities located at the heart of Station Mont-have many different needs and and events in the region. In addition, Tremblant are always in demand. “People want a hideaway that will be close to ski slopes or the lake,” explains Dalbec, who added that 69 per cent of Quebec residents value ”we are noticing that buyers want to own recreational property so that peace and quiet and rate this as an their family and friends can enjoy it. As a result, renting is becoming important feature for a recreational increasingly less common in the region.” property 2012 | Royal LePage Recreational Property Report | | 5
    • According to Pelletier, typical buyers in Lanaudière are “young families People want a hideaway that is close to with children that want to be able to enjoy nature and the many cultural ski slopes or the lake. activities offered in the region.” Pelletier noted that while some buyers rent out their properties to increase affordability, this practiceThe average price of a standard Matha and St-Gabriel-de-Brandon is becoming increasingly lesswaterfront property is approximately are beautiful areas of Lanaudière, common,.$750,000, that of a standard which harmoniously combines naturewaterfront property with land access and culture. This region has a lot to The average price of a standardis around $475,000 and that of a offer to recreational property buyers. waterfront, water-access property isproperty with land access (in-land) is between $125,000 and $400,000.$275,000. “People tend to think that it is The price of a standard waterfront possible to find a large waterfront property with land access is betweenLanaudière recreational property, isolated $80,000 and $225,000. The price of from neighbours, for $100,000 in a property with land access (in-land)Lanaudière is a colourful region the Lanaudière region. That’s not is between $80,000 and $200,000.offering a variety of activities to suit exactly the case,” explains Guylaineall tastes. With its wide open and wild Pelletier, certified real estate agent Ontariospaces, as well as its 10,000 lakes with Royal LePage Harmonie. “Still,and rivers, the region is, without the area’s many amenities and wide Bruce Peninsulaa doubt, an outdoor paradise. price ranges mean that buyers areLocated on the outskirts of Montréal, able to find what they’re looking for in With over 500 miles of majesticRawdon, Saint-Donat, St-Jean-de- Lanaudière.” shoreline, Bruce Peninsula offers6 | | Royal LePage Recreational Property Report | 2012
    • recreational properties are harder to Approximately 82 per cent of current come by.” recreational owners in Ontario do not For buyers interested in finding out about what the areas of East rent out their recreational property to Kawarthas has to offer, Switzer recommends potential buyers work help offset their mortgage or other with a local REALTOR® who has property costs extensive rural and cottage-country knowledge. Haliburton Highlandsvacationers an all-season destination. East KawarthasThe area’s rich culture and natural Located in south central Ontario’sbeauty makes it an ideal recreational Surrounded by white waters and beautiful cottage country area,area for young buyers with small rocky islands, the area of East Haliburton offers an amazing rangechildren and adults between the Kawarthas is the perfect recreational of relaxing and adventurous activitiesages of 40 and 60 who are thinking spot for a variety of buyers, including for people of all ages. From itsabout retirement. retirees, young families and mature famous Algonquin Provincial Park, couples. The region is home to the pristine lakes and dog sleigh trails,“The Bruce Peninsula area is a great majestic Stoney Lake and Clear Lake Haliburton is a great destination allplace for buyers who want to escape areas and offers visitors an endless year round.the city and get back in touch with amount of leisurely fun all year long.nature,” said Paul Annett, sales The region’s recreational propertyrepresentative, Royal LePage RCR Bruce Switzer, manager of Royal market got off to a slower startRealty. “There are many adventurous LePage Frank Real Estate, explains this year but Anthony vanLieshout,and leisurely activities available for that market activity is very strong for broker/owner of Royal LePage Lakesthe entire family, including hiking, this time of year. “We had a very mild of Haliburton, explains that interestscuba diving, snowmobiling, skiing, winter which prompted our spring among buyers is still very strong.horse shows, village fairs and much selling season to begin earlier thanmore.” usual. Because of this, year-over-year “Sales are down slightly compared to market activity is up slightly and we this time last year, but we are seeingAnnett explains that activity levels have a good selection of inventory on a variety of buyers enter the marketfor recreational properties are similar hand since many sellers listed their now that the spring weather is uponto 2011. Inventory levels are also properties earlier this year,” states us,” explains vanLieshout. “Westable but year-over-year prices Switzer. have a good selection of inventoryhave decreased slightly. “Prices for available that can meet the wish liststandard waterfront, land access Standard prices for a 3 bedroom, of any buyer.”properties in the area range from 1,000 sq. ft waterfront property with$225,000 to $400,000, and land- land access ranges from $300,000 vanLieshout explains that prices inaccess, non-waterfront properties to $450,000 and a standard island the area have remained stable withrange from $125,000 to $250,000,” property (3 bedrooms, 1,000 sq. ft) figures from 2011 and the averagesaid Annett. ranges from $250,000 to $350,000. cost for a recreational property Those looking for a standard non- ranges from approximately $150,000Annett suggests that if buyers find waterfront property (3 bedrooms, to $350,000 in price.a property they like, they should 1,000 sq. ft) can expect to paynot hesitate to put in an offer. “It is between $150,000 and $250,000. “Buyers can expect propertiesa very good time to buy since there with waterfront views to be on theis a good selection of properties for “These prices reflect properties that higher end of the spectrum,” saidsale and prices are very reasonable. are suitable for three-season use,” vanLieshout.We are approaching our busy selling explains Switzer. “Buyers can expectseason and don’t expect properties to pay more for prime waterfront For buyers interested in investing into last on the market for long.” properties or a four-season home a recreational property, vanLieshout located around the Stoney Lake offers the following advice: Set and Clear Lake areas, as these realistic goals that work with your 2012 | Royal LePage Recreational Property Report | | 7
    • budget. In order to get the most out Property sales in Kawartha Lakes or 40s and are married, with youngof the buying process, work with a have been similar to levels in 2011 children. We also have a large retireelocal agent who can educate and with the most activity seen in population who are interested incounsel you every step of the way. properties close to the water. A finding a property to settle into during standard waterfront property, with their retirement years. ”Kawartha Lakes land access, costs approximately $350,000, while in-land cottages According to Duncan, buyers inWith over 250 beautiful lakes, have an average listing price of Kawartha Lakes are searching forpristine wilderness and winding $180,000. Waterfront, water-access properties to meet their lifestylerivers, Kawartha Lakes is the perfect properties have an average cost of needs. “Many of our buyers want togetaway for those wanting to approximately $150,000. live the ‘Great Canadian Dream’ andescape the city lights. Located just find a vacation home with a prime90 minutes northeast of Toronto, “Inventory levels are on par with lakefront view.”Kawartha Lakes offers visitors a levels from last year and we expectwealth of leisurely activities all year our supply of inland properties to For people looking to purchase around. From agricultural fairs to increase now that the spring selling recreational property in the area,seasonal festivals and trails designed season has officially begun,” said Duncan offers the following advice:specifically for canoeing, hiking, Linda Duncan, sales representative, “Be sure to find a REALTOR® whobiking, skiing and snowmobiling, Royal LePage Kawartha Lakes is familiar with the area and whoKawartha Lakes is truly a family- Realty Inc. “Many of the buyers who understands your needs and wants.oriented and memorable destination. enter the market are in their late 30s It may also be in your best interest to speak to neighbours and locals to find out everything there is to know about the area.” Majority of recreational property buyers Kingston and Ganonoque in Ontario prefer to buy a property that Situated in the heart of eastern is completely renovated and requires no Ontario’s Thousand Islands area, Kingston and Gananoque has a major work unique landscape and vibrant city core which attracts buyers from8 | | Royal LePage Recreational Property Report | 2012
    • Toronto and Ottawa. Typically buyers For those interested in purchasing last year, while inventory levels are upin the area include young couples a property in the Kingston and slightly. “We are seeing a number ofand families with children in their Gananoque area, Carrothers offers prospective buyers, including familiesearly teens. these words of advice: “Be patient and couples, enter the marketplace – establish a wish list and work with for different reasons. Many areMarket activity has increased slightly an agent who can find you your looking for a property they can enjoysince 2011 and agents in the area dream property and educate you on with their loved ones and throughoutare seeing a growing interest for everything you need to know about their retirement years, while otherswaterfront properties among buyers. recreational property living.” are interested in purchasing aStandard prices for waterfront, recreational property before interestland access properties range from Land O’ Lakes rates climb.”$185,000 to $325,000 and islandproperties range from $175,000 to With over 5,000 lakes in the region, Prices for a standard waterfront, land$210,000. Those looking for a non- Land O’ Lakes is the perfect getaway access three bedroom cottage in thewaterfront property, the average for folks looking to connect with area cost approximately $285,000,price ranges from $75,000 to nature. Located in Eastern Ontario, while island properties have an$99,000. Land O’ Lakes is well known for its average listing price of $175,000. endless adventure and family fun Land-access, non-waterfront“Inventory levels are consistent with activities. Everything from hiking, ice properties have the most affordablefigures from last year, providing a fishing, cycling, golfing, kayaking, price point, with properties starting athealthy selection of properties for boating and snowmobiling is around $150,000.buyers,” said Wayne Carrothers, available. The region is also homesales representative, Royal LePage to several services including medical “Buyers in the area are most likely toProAlliance Realty. “We have many centres, clinics, grocery stores, purchase recreational properties thatnew subdivision properties being farmers markets as well as marinas are completely renovated and requireconstructed throughout the area. and boating shops. no major work – these propertiesFor those seeking a place on the typically carry higher price tagswaterfront, inventory is more limited Chris Winney, broker with Royal depending on the lot size and interiorso buyers should be mindful of this LePage ProAlliance Realty, explains work,” explains Winney.when searching.” that market activity in the region is healthy and on par with levels from She also notes that many recreational owners from the region live in nearby city centres that are approximately 2-4 hours away by car. For people interested in finding out more about the Land O’ Lakes area, Winney suggests that “potential buyers work with a knowledgeable REALTOR® who can educate you about the area and answer all of your recreational living questions.” Meaford, Thornbury and Collingwood Situated on the southern shore of Georgian Bay, the areas of Meaford, Thornbury and Collingwood offer a variety of year-round recreational activities to meet the needs of any Canadian. Skiing, golfing, hiking and cycling are popular past-times for nearby residents. The area is a popular destination among folks from the Greater Toronto Area and typical 2012 | Royal LePage Recreational Property Report | | 9
    • $190,000 to $220,000. Buyers looking at standard island properties Many are looking for a property they can expect to see prices in the $290,000 to $390,000 range. can enjoy with their loved ones and Evans explains that the recreational throughout their retirement years. property market is fairly balanced. “Year-over-year prices are stable and are expected to stay that way throughout 2012.” Evans also addsbuyers include young families and recreational events such as the that unit sales are up slightly this yearmiddle aged professionals, as well as Centurion cycle race are available for – a trend that has been occurringretirees. residents.” since 2010.“Our recreational market is well Muskoka Parry Soundsuited for people who enjoy anactive lifestyle,” said Desmond Lined with the glorious pink granite If you are looking for an outstandingvon Teichman, broker/owner of rocks of the Canadian Shield, the vacation destination or a greatRoyal LePage Locations North. district of Muskoka is only a two- community to call home, Parry“Many of our buyers are looking for hour drive north from Toronto. The Sound is the right place for you.properties that are close to their area is home to the cherished towns Located on the shores of Georgianfavorite amenities – such as ski hills, of Bracebridge, Gravenhurst and Bay and approximately two hourswaterfronts and golf resorts – and Huntsville and the townships of north of Toronto by car, Parry Soundmany are willing to pay a premium for Lake of Bays, Georgian Bay and offers an endless amount of activitiessuch features.” Muskoka Lakes. Filled with natural throughout the seasons for both beauty, pristine lakes and majestic the adventurer and the vacationer.In 2012, average prices for forests, Muskoka offers many This quaint town is rich in culture,standard inland condos range from city-like amenities, while upholding arts and heritage and is home to theapproximately $125,000 to $200,000 the charming lifestyle of a small international chamber music summerdepending on the development community. festival, the Festival of the Sound.and community, while standardwaterfront, land access cottages/ “Muskoka’s unique culture attracts a Buyers will be optimistic this springchalets typically sell for an average variety of buyers, including singles, as prices and inventory levels haveprice of $500,000 - $1,000,000. young families and retirees,” said remained stable with figures from“We also have a number of high-end Don Evans, sales representative with last year. “Our spring selling seasonproperties priced at over $1,000,000 Royal LePage Lakes of Muskoka. is doing very well as a numbercurrently on the market,” added von “The area has an abundance of of buyers and sellers entered theTeichman. things to see and do all year long. market early this year,” said Bill Everything from fishing, boating, Kingshott, broker/owner, Royalvon Teichman explains that market canoeing, tubing, swimming, golfing, LePage Team Advantage Realty. Weactivity and inventory levels have shopping and fine-dining can be have a nice variety of properties onremained stable compared to 2011. enjoyed throughout our region.” the market, including several million“The level of activity has been very dollar luxury waterfront and cottagehealthy this year, and we are finding Recreational property prices in the properties.”that people are still very much Muskoka region are among the mostinterested in owning a recreational expensive in Ontario, with high-end In Parry Sound, buyers can expectproperty.” and luxury properties being priced prices for standard waterfront, anywhere between $1 million and land access properties to averageFor those interested in purchasing in $3 million, depending on the area around $300,000, while prices forthe area, von Teichman explains that and lake size. For those looking for island properties are approximatelythe community is constantly growing. a standard waterfront cottage, with $250,000. Land-access (non-“There are several new events and land access, situated on a large lake, waterfront) properties typically sell forfeatures in our area – everything the average costs is approximately approximately $175,000.from expanded ski and hiking trails, $500,000 to $600,000, while afestivals, equestrian events and standard in-land cottage costs10 | | Royal LePage Recreational Property Report | 2012
    • Kingshott notes that there is a “Activity in our recreational market the summer months. Youngerwide variety of buyers entering the started earlier than usual this year families also represent a good partmarketplace. “Everyone from young and was partly due to the mild winter of our market and typically use theirfamilies, mature couples and empty we experienced here in Rideau cottages during the summer andnesters are interested in finding out Lake,” said Pauline Aunger, broker/ winter holiday months,” said Aunger.what Parry Sound has to offer. We owner, Royal LePage Pauline Aungerare also seeing some buyers invest Real Estate. “Because of the high To help her clients realize the dreamin properties with their families. This demand, inventory levels are lower of recreational property ownership,is a great way to help offset higher than what is typically expected for Aunger offers the following advice toprices and living expenses,” explains this time of year.” prospective buyers: “Determine yourKingshott. needs and work with a REALTOR® Prices for recreational properties to find out all there is to know aboutRideau Lake in the area have increased slightly waterfront and non-waterfront since 2011. The average price for recreational properties in the RideauThe Township of Rideau Lake a standard waterfront property, Lake region.”boasts an abundance of beautiful with land-access, costs $265,000waterfronts. From its flowing rivers, to $400,000, while a standard South Muskoka and Lake Countryisland-studded lakes and rustic water-access property ranges fromlandscapes, Rideau Lake offers $175,000 to $350,000. In-land Nestled on the picturesque shorelinebuyers an excellent backdrop for a properties average around $150,000 of Lake Couchiching and Lakenumber of summertime activities, to $200,000 in price. Simcoe, South Muskoka is thesuch as canoeing, sailing, boating perfect getaway for Canadians ofand fishing. The area is also home to “Many of our buyers are baby all ages. The region includes theseveral festivals and fairs, which are boomers who are looking for breathtaking areas of Orillia andheld year-round. a property to enjoy either as a Severn Lake, also referred to as permanent residence or throughout Lake Country, and is an ideal spot 2012 | Royal LePage Recreational Property Report | | 11
    • $300,000 to $450,000 in price. Prices of non-waterfront properties range from $200,000 to $250,000. “Waterfront properties in Bayfield and Grand Bend typically range on the higher end – we have several luxury recreational properties on the market that are listing at $1,000,000 and above,” said Lobb. “Since waterfront properties continue to be the most popular choice for recreational property buyers, many younger buyers are deciding to rent out their cottages for weeks at a time to help manage living expenses.” According to Lobb, people are very much interested in seeking properties in Southwestern Ontario. “Our area is easily accessible byfor a number of seasonal activities, “The majority of our clients purchase several major highways, makingincluding water sports and cross- recreational properties for personal it a go-to vacation destination forcountry skiing. enjoyment but we are seeing a residents from Kitchener, Toronto small segment of buyers purchase and other major city centers inSouth Muskoka’s recreational properties because they see real Ontario.”property market has been active in estate as a sound investment,”the early part of 2012 and remains on explains McNeely. When asked about the type ofpar with levels from last year. “Buyers buyers that are scouting the area,are still very interested in owning a Southwestern Ontario Lobb states that “our clients arerecreational property,” said Stewart very diverse – we are seeing babyMcNeely, broker, Royal LePage With its glorious sunsets, pristine boomers selling their homes in theReal Quest Realty Ltd. “Typically, Lake Huron waters and natural city to own a home on the lake,our clients are young professionals, landscapes, Southwestern Ontario and young couples looking to buymarried with young children. Many is an idyllic setting for recreational something they can enjoy with theirbuyers are from the Greater Toronto living. This region is home to Grand families and friends. These buyersArea and appreciate the fact that Bend, Goderich and Bayfield – three view recreational real estate as awe are only a 90 minute drive from charming areas that feature all the sound investment that also meetsdowntown Toronto and Pearson’s amenities of city living combined with their lifestyle needs.”International Airport.” the lovely views of lakeshore and land. For those who are interested inMcNeely notes that inventory levels owning a recreational propertyhave increased slightly from last year, The level of activity in the recreational Lobb’s offers these words of advice:while prices have remained stable. property market is normal in “Determine the distance you areThe average price of a standard Southwestern Ontario, but is willing to drive and choose a locationwaterfront, three bedroom property, expected to increase now that the from there. Make sure your propertywith land-access costs approximately selling season has begun. Prices and is up to building standards and most$250,000, while a standard non- inventory levels are also consistent importantly, that it matches yourwaterfront, three bedroom property with figures from 2011. lifestyle needs.”retails for $125,000. Standardwaterfront properties with water- According to Fred Lobb, broker/ St. Joseph Island & Lake Huronaccess properties are also available owner of Royal LePage Heartlandthroughout South Muskoka and have Realty, the average price for a St. Joseph Island and Lake Huron isan average listing price of $175,000. standard waterfront property with a favorite travel destination among land access in the area ranges from tourists. Located in the centre of12 | | Royal LePage Recreational Property Report | 2012
    • the Great Lakes at the mouth of theSt. Mary’s River, the area offers anendless amount of things to do and 59 per cent of intended buyers insee – from its winter carnivals, annual Ontario have delayed purchasing acorn harvest, public beaches andsummertime concerts, you’re sure to recreational property due to economichave no problem making memoriesof a lifetime. uncertaintyInventory levels and prices forrecreational properties in the area hook up and winterizing are not Dumas explains that the averagehave remained stable in comparison often top of mind when buyers are price for a standard waterfrontto last year. The average price for searching for their dream cottage.” property with water access rangesa 1,000 sq. ft. seasonal, waterfront from $165,000 to $185,000, whilecottage with land access is Thomas agrees that buyers should a standard waterfront property with$140,000, while the average price work with a local REALTOR® who land access ranges from $210,000for a standard 1,000 sq, ft. in-land knows the area well and can educate to $240,000. Standard in-landcottage is $90,000. A waterfront, you each step of the way. cottages are also very popularwater-access cottage carries an among buyers and have an averageaverage listing price of $100,000. Sudbury listing price of $150,000 to $175,000.“Year-round waterfront residences “Waterfront properties located onare also a popular option among The region of Sudbury is a true Lake Wahnapitae, Lake Penage andbuyers and fetch prices of $200,000 haven for nature lovers and outdoor the French River are a popular optionand above,” explains Carl Thomas, enthusiasts alike. With over 300 among buyers who enjoy fishing andRoyal LePage Northern Advantage freshwater lakes and rivers, Sudbury boating,” adds Dumas.broker/owner. is the ideal destination for families and retirees. While recognizing that a recreationalAccording to Thomas, market activity property can provide a good financialis up from 2011 and we are still Alex Dumas, broker, Royal LePage return on investment, many buyersseeing much interest among buyers. North Heritage Realty, states that view their purchase primarily as“A variety of buyers are entering the year-over-year market activity in a lifestyle choice. According tomarket, including retirees, middle Sudbury has increased slightly. “Our Dumas, buyers are more interestedaged couples with older children recreational market has been active in purchasing a property that allowsand young families. Typically, these this year with no major changes in them to escape the grind of everydaybuyers are looking for a vacation inventory levels,” states Dumas. life and get back in touch with nature.home suitable for four-season use,”said Thomas.Thomas notes that low interest ratesare a motivating factor for somebuyers. “We are seeing more peopleenter the market in order to takeadvantage of attractive rates, whileothers are mostly driven by theirlifestyle needs.”In order to avoid any recreationalbuying pitfalls, Thomas educatesall his buyers on the area and onthe responsibilities that come withowning a cottage. “Many buyersare not aware of the financial costsand time required to maintain arecreational property. Things suchas taxes, maintenance costs, water 2012 | Royal LePage Recreational Property Report | | 13
    • Manitoba The average price for a standard When asked about the advice she recreational property (waterfront, would offer buyers, NovakoskiLake du Bonnet water access) costs approximately explains that it is important buyers $200,000, while a standard waterfront have their finances in place andFrom its endless rivers and lakes, land access property goes for an take their time when searching for asolid granite hills and lush forests, average price of $300,000. Inland property. “Be patient and don’t beLake du Bonnet is one of the most properties offer a more affordable afraid to comparison shop so youdesirable recreational property price point for buyers at an average can find your dream property.”areas in Manitoba. Located only listing price of $160,000.one hour from Winnipeg, Lake du Lake WinnipegBonnet offers residents an endless There are a variety of buyers whonumber of activities all year round seek out recreational properties With its shallow waters and pristineincluding swimming, fishing, golfing, in Lake du Bonnet area, including shorelines, Lake Winnipeg is onesnowmobiling and cross country ski young families with children, of the most sought out recreationaltrails. couples in the 40s and 50s and properties for summer and retirees. Novakoski notes that older wintertime fishing. Only an hour’s “Inventory levels have increased Canadians typically search for drive from Winnipeg, the areafrom 2011 and we expect this to higher-end waterfront properties that is home to several small towns,remain stable throughout 2012,” said they can enjoy with their families and including Winnipeg Beach and Gimli,Tammy Novakoski, real estate agent one day live in permanently. “Many and attracts a variety of buyers.with Royal LePage Top Producers of these clients view recreationalReal Estate. “Buyer activity has been properties as a sound investment. “Market activity is fairly stable withslower than what is usually expected Since it’s a buyer’s market, people levels from last year,” said Jim Muir,for this time of year, creating more of are purchasing now in case prices Sales Representative of Royal LePagea buyer’s market.” rise in the future.” Dynamic Real Estate Winnipeg. “Inventory levels are down slightly, 90 per cent of owners and intended buyers living in Manitoba/ Saskatchewan agree that a cottage is a good long-term investment14 | | Royal LePage Recreational Property Report | 2012
    • North-East – a tranquil area filled Things such as taxes, maintenance with rich farmland and an array of forests, lakes and beaches. With costs, water hook up & winterizing a population of just under 6,000, Melfort is a growing community are not top of mind when buyers are that offers a variety of recreational properties for buyers. searching for their dream cottage. The average price for a standard waterfront, water access cottagebut we expect this number to grow to high-end, million dollar waterfront costs approximately $320,000, whilenow that the recreational market has cottages.” a standard waterfront, land accessofficially begun. With a balanced cottage is $290,000. An inland cabinmarket in place this season, buyers Jadeske notes that standard non- (non-waterfront, land access) has ancan certainly find the recreational waterfront, land access cabins average price of $250,000.property of their dreams.” are listed at an average price of $225,000 and standard waterfront, “Market activity is healthy andYear-over-year recreational property land access cabins typically sell for has picked up slightly from thisprices in the Lake Winnipeg have around $450,000. time last year,” said Joline Ozeroff,remained stable. Waterfront, land- sales associate with Royal LePageaccess properties cost an average Buyers in their late 30s to early 50s Hodgins Realty. “Prices andof $300,000 and non-waterfront are the typical buyer, but Jadeske inventory levels have also remained inproperties are listed at an average explains that the area’s affordable line with figures from 2011.”price of $125,000. price point is an attractive feature for younger families as well. “We have Ozeroff explains that many buyers inWhen looking for a property, Muir folks who are entering the market the area are purchasing propertiesencourages potential buyers to for the first time and some buyers that can also be used as a sourceunderstand the differences between who are looking for a recreational of income. “Although the majority ofrecreational properties and urban- property where they can one day our buyers purchase due to lifestyle,style homes. “Wells and waste issues retire in.” many are becoming more open tolike garbage disposal and septic renting out their properties duringtanks aren’t necessarily top of mind For those interested in finding a for a few weeks a year to help coverin city centres, and can therefore property in the Christopher Lake extra costs, such as land taxes.”be very easily overlooked when and Candle Lake regions, Jadeskepurchasing a recreational property.” offers these words of advice: “Be Couples and families between the sure you are prepared for rural living. ages of 40 and 50 years old are theSaskatchewan Some people who are not use to this typical recreational property buyer in lifestyle can be a little taken aback the Melfort area. Ozeroff notes thatChristopher & Candle Lake by the prospect of having a well many buyers are also purchasing and septic tank instead of a sewer properties with family and friends. Whether you enjoy the heat of system.” “This has been quite common oversummer or the adventure of winter the past few years. People aresports, northern Saskatchewan’s Despite the remote setting, looking for a property to share withrecreational property markets of Jadeske notes that there are many their loved ones and often times,Christopher Lake and Candle Lake businesses and health centres in decide to invest together.”offer Canadians the perfect cabin the area with extended hours –getaway all year round. providing additional peace of mind Ozeroff advises buyers in search of for recreational property users in the a recreational property to become“Many buyers who come to the area. familiar with the area and understandarea are looking for a home that everything there is to know aboutmeets their lifestyle needs,” says Hal Melfort recreational living. “In addition to this,Jadeske, real estate agent with Royal be sure you work with a REALTOR®LePage Saskatoon Real Estate. “We Often referred to as the “City of who can help you find a property thathave a variety of properties available, Northern Lights”, Melfort is situated meets all your wishes and who canincluding vacant non-waterfront lots in the heart of Saskatchewan’s great educate you every step of the way.” 2012 | Royal LePage Recreational Property Report | | 15
    • More than one quarter (32%) of intended buyers living in Manitoba/Saskatchewan would move into a smaller, more affordable primary residence in order to purchase their dream recreational propertyRegina a great selection of waterfront Kerry Towle, associate broker, Royal and inland properties available to LePage Weber. “Low interest ratesThe recreational properties market of meet any budget. Buyers should and a stable provincial economysouthern Saskatchewan is a favorite also be aware of the financial and have driven demand for recreationalamong young professionals and time commitments associated properties in the area.”established families from surrounding with maintaining a recreationalareas and neighbouring cities like home. “Sometimes, buyers let According to Towle, the averageCalgary. The area, which is a short, their emotions take charge when buyer in the region is looking to enjoyeasy distance from Regina, is home searching for their dream properties their recreational property with theirto big-city amenities, winding rivers, and forget about the financial extended family, rather than use theirplacid lakes and the ever-popular elements involved with maintaining a property to generate rental income.Regina Beach. cabin.” “To increase affordability, we’reCurrently, prices for recreational Alberta seeing a trend of families investingproperties in the area remain together to get more bang for theirstable with figures from last year. Glennifer Lake buck.”The average price of a waterfrontproperty with land-access is Glennifer Lake is one of Alberta’s Pigeon Lake$450,000, while inland properties newest reservoirs and has becomeaverage around $175,000. a favorite recreational spot for Pigeon Lake is a popular holiday families and retirees. Located just destination for families. Its location “Market activity is quite slow for this 90 minutes away from both Calgary between Calgary and Edmontontime of year,” says Mike Duggleby, and Edmonton, Glennifer Lake offers makes it ideal for urban buyersbroker /owner of Royal LePage vacationers a great escape all year looking for a recreational propertyRegina Realty. “Severe flooding hit round. close to the city. The area is alsoseveral of our recreational towns ideal for single families and Babyin 2011 and as a result, potential Standard waterfront water-access Boomers looking for a summerbuyers may be holding out due to properties (3 bedrooms, 1,000 sq. retreat or a retirement home to settlethe uncertainty around springtime ft) in the area sell for approximately into. With its easy accessibility andflooding conditions.” $389,900, while standard waterfront full range of recreational activities properties with land access have an and services, Pigeon Lake is full ofDuggleby explains that the area average price of $349,900. Inland non-stop fun all year-round.has not experienced any flooding (non-waterfront) properties are alsothis year. “Flooding in southern available and cost approximately “In 2011, we had an oversupply ofSaskatchewan is a reality. Many $250,000. properties available for sale and fewbuyers who come to the area are buyers,” said Barbara Howey, broker/aware of this and take the necessary Year -over-year prices have owner of Royal LePage Parklandsteps to safeguard their property. decreased slightly in the region, Agencies. “As we move into our 2012By choosing a smart location and while inventory levels have increased season, we are witnessing a bit ofknowing what the high water levels compared to last year. an increase in activity, though supplyare, you can easily mitigate the risk.” continues to outweigh demand.” “The current level of activity in theFor buyers interested in purchasing Glennifer Lake area is increasing Howey notes that prices in thea recreational property in the area, as economic confidence among Pigeon Lake region have continuedDuggleby explains that there is buyers continues to grow,” said to decline in 2012, and seem to16 | | Royal LePage Recreational Property Report | 2012
    • 49 per cent of future recreational owners living in Alberta would rent out their property to help offset the mortgage and property costshave leveled at approximately 20 can advise you on the type and cost officially underway, we are seeingper cent lower than last year. While of servicing required to maintain your interest from buyers who are lookingthe region doesn’t feature any island recreational property throughout the for a recreational property they canproperties, prices for standard year.” enjoy with their extended families,”waterfront, land access properties explains Towle.range from $450,000 to $650,000, Pine Lakewhile land-access (non-waterfront) The average price for a standardproperties typically sell for $250,000 Situated in a wooded valley just 20 waterfront recreational propertyto $350,000. minutes southeast of Red Deer and with land access is approximately 90 minutes north of Calgary, Pine $300,000, while a standard“It’s a buyer’s market and those Lake has remained a popular vacation waterfront, water-access property islooking for recreational properties destination for several generations. $349,900. Standard cottages (non-will be able to get a great price,” Swimming, water skiing, boating, waterfront) have an average listingsaid Howey, adding that executive golfing, hiking and fishing are just a price of $224,900.waterfront properties typically range few of the many recreational activitiesfrom $850,000 to $900,000. available in the area. According to Towle, the area is ideal for buyers with an eye for potential.For those interested in purchasing According to Kerry Towle, associate “There are several bare lots availablea recreational property, Howey broker, Royal LePage Weber, families for buyers who are interested incautions buyers to do their research with older children are the most constructing their own recreationalbefore they begin looking. “Be sure active buyers in the marketplace. property,” explains Towle.to work with a local REALTOR® who “Now that our selling season is 2012 | Royal LePage Recreational Property Report | | 17
    • 15 per cent of residents from British Columbia rate ‘eco-friendly’ as an important feature for a recreational homeFor those interested in purchasing a “100 Mile House remains among “Prices for recreational properties incottage in the Pine Lake area, Towle the most affordable recreational the area have dropped around 15 toadvises buyers to choose a location property in B.C.,” said Melvyn Grahn, 20 per cent over the last five years.that offers the amenities that suit sales representative, Royal LePage Inventory levels are relatively high thisyour needs and is likely to have good 100 Mile Realty. “Market activity quarter, making it a very attractiveresale value. is very healthy this year as eager time for buyers.” buyers continue to enter the market.British Columbia Like last year, many buyers are Grahn notes that prospective buyers purchasing properties due to lifestyle in the area tend to be between the100 Mile House needs, however, we are seeing many ages of 40 to 65. “Many of these more people purchase because they buyers are looking for a place theyKnown as the ‘Handcrafted Log view real estate as a sound long-term can enjoy with family and friendsHome Capital of North America,’ investment.” and eventually, call their permanent100 Mile House’s rustic charm is a residence when they retire.”favorite among recreational buyers. Standard water-access propertiesLocated in the South Cariboo region sell for approximately $185,000, Grahn recommends that interestedof British Columbia, only four hours while land-access (non-waterfront) buyers align themselves withaway from the Greater Vancouver properties sell for an average price a trusted REALTOR® who hasArea, 100 Mile House is famous for of $132,600. Standard waterfront extensive local knowledge. “Be sureits beautiful lakes, plentiful outdoor properties carry the highest price to communicate your needs so youractivities and unique history. tag and have an average price of agent can make recommendations $261,200. and help you find the right property.”18 | | Royal LePage Recreational Property Report | 2012
    • CranbrookLocated on the west side of 63 per cent of intended buyers inKootenay River, Cranbrook is the British Columbia have delayedlargest urban centre in the EastKootenay region. Known for having purchasing a recreational propertythe most sunshine hours in allof British Columbia, Cranbrook due to economic uncertaintyprovides residents with spectacularwaterfront views and is an outdoorhaven for sporting enthusiasts. are now exploring other options Despite the high prices, Gray has a north of the border. “The best advice clear message to people consideringPrices for standard waterfront for those looking to buy here is to purchasing property in the area.properties in the area sell for take advantage of the current market “Whether you’re looking to get intoan average price of $500,000, and find a property that fits their the market for recreational purposes,while standard land access (non- lifestyle.” as an investment, or both, now is anwaterfront) properties are available at excellent time to buy, especially sincearound $300,000. Kelowna interest rates remain very low.” “Currently, our market is Cradled in the Okanagan Valley, Sunshine Coastexperiencing a slowdown,” said the community of Kelowna offersPhilip Jones, broker /owner, Royal tourists and residents a recreational Sunshine Coast is one of theLePage East Kootenay Realty. “We lakeside paradise that’s filled with province’s most affordable optionsexpect this downturn to pick up in breathtaking views and mountain for owning waterfront recreationalthe next few months, especially now scenery. Whether you’re planning a property. Located just 40 minutesthat the province of British Columbia holiday or looking for a recreational away from Vancouver by ferry, thehas announced changes in HST property to call home, Kelowna area has plenty of outdoor activities,regulations – as of April 1, 2012, offers superb amenities. festivals and events all year long.buyers may now be eligible for aprovincial grant for sales of certain First time buyers are the most active A standard waterfront cottage withrecreational properties.” market segment, but Kelowna also water access on the Sunshine Coast attracts young families, middle costs approximately $550,000,Jones notes that inventory levels are aged couples and retirees from while a non-waterfront property withstable with figures from last year, but British Columbia and surrounding land access costs approximatelycertain properties are harder to come provinces. Many buyers who $325,000 to $400,000. Waterfront,by. “Buyers can expect to pay more purchase in the area see real estate land-access properties averagefor an executive waterfront property as a sound investment while a small $800,000.in certain areas. Average prices for fraction enter the marketplace purelythese properties can be as high as for investment purposes. “Sunshine Coast real estate prices$1 million,” explains Jones. are on par with figures from last “Market activity is fairly similar to year,” says Joel O’Reilly, real estateThe Cranbrook area is home to a levels from last year,” notes Steve agent with Royal LePage Sunshinevariety of buyers, including young Gray, Managing Broker of Royal Coast. “Inventory levels are aboutfamilies, couples and retirees. “A LePage Kelowna. “Inventory levels the same as last year and will likelylarge number of buyers are from are very healthy and reflect levels remain stable throughout 2012.”Alberta or Saskatchewan and are from 2011. Prices have also remainedlooking for a recreational property stable over the past year.” O’Reilly notes that there is morethat is an easy commute from confidence in the marketplace thisCalgary or Edmonton,” Jones added. Non-waterfront condominiums carry year, so many of those who have put an average listing price of $210,000 off the idea of owning a recreationalA common trend among buyers is to to $230,000, while waterfront resort property are now making the move.invest in properties with families and properties start at approximately “Our stable pricing represents anfriends. Jones also notes that many $400,000 and may fetch as much as incredible buying opportunity. We’vebuyers, who originally searched for $1.3 million. had a busy few months and if thisrecreational properties in the U.S., spring is any indication this year 2012 | Royal LePage Recreational Property Report | | 19
    • should surpass 2011 as far as sales numerous cycling and hiking trails,activity.” Vernon is an attractive destination for both residents and tourists alike. We are seeingFamilies and couples between the some buyersages of 40 and 60 and retirees still “A large percentage of Vernon’sdominate the marketplace. “We recreational property market is made purchasehave a variety of properties available up of buyers from neighbouringto meet the needs and budget of regions, including Alberta, where properties withany buyer. Everything from smallcottages in the woods to million approximately 14 per cent of our buyers come from,” says Riley family anddollar waterfront properties areavailable.” Twyford, Broker/Owner, Royal LePage Downtown Realty in Vernon. friends to help “Currently, prices and market activity offset costs.O’Reilly explains that the Sunshine have dropped off slightly whenCoast has undergone many compared to figures from last year. Inchanges in recent months, including 2012, we’ve seen less interest fromimprovements to the local airport and Alberta buyers, and as a result, we property,” explains Twyford. “Thefull-service hospital, which add to expect inventory levels to increase area has also seen several fractionalthe area’s desirability. “This is a very throughout the rest of 2012 creating properties being constructed, whichexciting time for the Sunshine Coast more of a buyer’s market.” is another option for buyers lookingas we have experienced significant to enter the recreational propertygrowth over the past year.” The average price for an inland market but at a lower price point.” property in the Mara Lake, SilverVernon Star Mountain Resort and Predator For those interested in purchasing Ridge Resort areas is approximately a recreational property inNestled in the grassland hills of the $400,000. Vernon, Twyford recommendsOkanagan Valley, Vernon is home that prospective buyers do theirto hundreds of small fishing lakes, “Similar to last year, we are seeing homework. “Understand the costs ofworld renowned golf courses and the some buyers purchase properties ownership and make sure you findfamous Silver Star Mountain Resort. with family and friends to help a property that suits your lifestyleWith its city-like amenities and offset the costs of owning another needs.”20 | | Royal LePage Recreational Property Report | 2012
    • For further information, Memphrémagog Kawartha Lakesplease contact: Christian Longpré Linda Duncan Sarah Louise Gardiner 819.868.5000 705.887.1010 Account Director Christian@longprelamirande.com lduncan@nexicom.net Fleishman-Hillard Royal LePage Au Sommet Royal LePage Kawartha Lakes416.644.2907 www.longprelamirande.com Realty Sarah.gardiner@fleishman.ca http://www.lindaduncan.ca/ Mont-TremblantTammy Gilmer Kingston/GanonoqueDirector, Public Relations and Paul DalbecNational Communications 819.425.3777 Wayne Carrothers Royal LePage Real Estate Services pauldalbec@royallepage.ca 613.384.1200 416.510.5783 Royal LePage Mont-Tremblant wayjo@sympatico.ca tglimer@royallepage.ca www.royallepagetremblant.com Royal LePage ProAlliance Realty www.wayneandjoe.comRegional Spokespersons Lanaudière Land O’ LakesNew Brunswick Guylaine Pelletier 450.831.8484 Chris Winney Carla Bouchard guylainepelletier@royallepage.ca Chriswinney1@aol.com 506.857.0555 Royal LePage Harmonie Royal LePage ProAlliance Realty cbouchard@royallepage.ca http://agents.royallepage.ca/ http://www.landolakesproperty.com/Royal LePage Metro harmoniewww.monctonroyallepage.com Meaford, Thornbury and Collingwood OntarioNewfoundland Desmond von Teichman Bruce Peninsula 519.538.5755 Glenn Larkin teichman@royallepage.ca 709.685.2502 Paul Annett Royal LePage Locations North glennlarkin@royallepage.ca 519.793.3544 www.locationsnorth.comRoyal LePage Professionals 2000 pannett@bmts.comwww.royallepage.ca/glennlarkin Royal LePage RCR Realty Muskoka www.royallepage.ca/paulannettPrince Edward Island Don Evans East Kawarthas 705.765.6855 Ken Peters dgevans@muskoka.com 902.892.5355 Bruce Switzer Royal LePage Lakes of Muskoka kenpeters@royallepage.ca 705.748.4056 http://www.muskokalakesrealestate.Royal LePage Peters & Lank Realty bswitzer@bellnet.ca com/www.lank.com Royal LePage Frank Real Estate www.durhamresidential.com/ Parry SoundQuébec Haliburton Highlands Bill Kingshott Eastern Townships 705.746.5844 Anthony vanLieshout billkingshott@royallepage.ca Robert Charbonneau 705.457.2414 Royal LePage Team Advantage450.266.7711 anthony@royallepage.ca Realty rcharbonneau@royallepage.ca Royal LePage Lakes of Haliburton www.royallepage.ca/teamadvantageRoyal LePage Action Courtier www.trilliumteam.cawww.royallepageaction.ca 2012 | Royal LePage Recreational Property Report | | 21
    • Rideau Lake Lake Winnipeg British ColumbiaPauline Aunger Jim Muir 100 Mile House613.283.6666 204.989.5000paulineaunger@royallepage.ca JimMuir@royallepage.ca Melvyn GrahnRoyal LePage Pauline Aunger Real Royal LePage Dynamic Real Estate 250.395.3424Estate www.jimmuir.ca mel@melgrahn.com Royal LePage 100 Mile RealtySouth Muskoka Saskatchewan www.melgrahn.comStewart McNeely Christopher & Candle Lake Cranbrook705.327.9999 stewartmcneely@royallepage.ca Hal Jadeske Philip JonesRoyal LePage Real Quest Realty Ltd. 306.242.3535 250.426.8211http://www.royallepagerealquest.ca/ haljadeske@royallepage.ca philip@ekrealty.com Royal LePage Saskatoon Real Estate Royal LePage East Kootenay RealtySouthwestern Ontario www.lakelandresortrealestate.ca www.ekrealty.comFred Lobb Melfort Kelowna519.482.3400 fredlobb@royallepage.ca Joline Ozeroff Steve GrayRoyal LePage Heartland Realty 306.921.4095 250.860.1100www.rlpheartland.ca jolineozeroff@royallepage.ca steve@kelowna.royallepage.ca Royal LePage Hodgins Realty Royal LePage KelownaSt. Joseph Island & Lake Huron http://agents.royallepage.ca/melfort www.royallepagekelowna.comCarl Thomas Regina Sunshine Coast705.942.6000 carlthomas@royallepage.ca Mike Duggleby Bill BinnieRoyal LePage Northern Advantage 306.359.1900 604.926.6011http://www.royallepagesault.ca/ mikeduggleby@royallepage.ca billbinnie@royallepage.caindexa.htm Royal LePage Regina Realty Royal LePage Sunshine Coast www.royallepageregina.comSudbury Vernon AlbertaAlex Dumas Riley Twyford, Broker/Owner705.688.0007 Glennifer Lake & Pine Lake 250.545.5371AlexDumas@royallepage.ca riley@royallepagevernon.comRoyal LePage North Heritage Realty Barbara Howey Royal LePage Downtown Realtywww.royallepage.ca/sudbury Kerry Towle www.royallepagevernon.com 403.302.8496 Manitoba kerrytowle@royallepage.ca Royal LePage Weber Lac du Bonnet http://agents.royallepage.ca/ kerrytowleTammy Novakoski 204.989.6900 Pigeon Laketammysells@mts.net Royal LePage Top Producers Barbara HoweyReal Estate 780.352.6671http://agents.royallepage.ca/ barbarahowey@royallepage.caGlennPonomarenko/216366 Royal LePage Parkland Agencies http://agents.royallepage.ca/ barbarahowey22 | | Royal LePage Recreational Property Report | 2012