Hi:
Well, recreational property is a hot interest area for baby boomers.
Many have paid for homes and are looking for another place to play - one where the pace of life is a bit slower.
People have always owned cabins and bits of land far away from civilization where they could park an old trailer or drive up to for a few days.
Not any more though, the simple rustic getaways.
One thing that has changed that is the price. Land values are amazingly high, with lakefront properties over the half-million mark the norm. Some choice areas such as the Gulf Islands, Whistler, and the Okanagan area have values of over one million. Homes usually reflect lot values to some degree. These homes are not rustic get-aways, but beautifully decorated prized possessions.
However, there are still plenty of small lakes and other properties, especially further north and in less accessible areas.
It also holds true that most people spend their time in their recreational properties in the summer months. Although the further north you go, the shorter the season, it can still be hot and enjoyable for much of the summer 'way up north. You'll just be leaving to come home earlier.
It will be interesting to watch the onslaught of the rest of Canada to the relatively mild climate of BC.
Fascinating also is to see how many people will flock to small-town Alberta. There people will enjoy the pleasant summer months and be snowbirds during the long winters. They will enjoy no PST, cheaper gas prices, inexpensive house prices, and even a yearly bonus from this resource rich province.
We do have choice.
More tomorrow.
Mahara Sinclaire
retirement
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