Aug. 27, 2015 | Barb Livingstone
Americans and Albertans alike looking to the mountains for recreation homes
The old truism of "location, location, location" applies as equally to recreation property as it does to a good piece of primary real estate. And it may become even more important in a tight economy.
Alberta's recreational property market — much of it located in the mountain areas and lakes within an hour and a half of Calgary — continues, at least for now, to be fairly strong.
With the decreasing Canadian dollar, American buyers coming from a healthier economy are once again looking at Alberta property while local buyers may be seeking cottage life closer to home.