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Calgary's trusted source of real estate news, advice and statistics since 1983.

 

Stories Tagged - Recreational Properties

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July 28, 2020 | Barb Livingstone

Calgarians' interest in close-to-home vacation properties increases as COVID-19 continues to restrict international travel

Multiple offers, steady prices and lower inventories: the 2020 summer recreational property market in Western Canada is not what you might expect in the midst of a global pandemic and economic downturn.

Courtesy Spring Creek Real Estate
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Feb. 11, 2020 | Barb Livingstone

New Canmore condo development with flexible zoning offers short-term rental potential for investors

There is pent-up interest in the Canmore area for homes that can be used for short-term rentals, and Spring Creek's new Tamarack lodge is poised to take advantage.

The four-storey, 80-suite condo project is one of only a few developments in the mountain town with Tourist Home permitted zoning, allowing for short-term stays (under 30 days) or permanent residency.

Courtesy MaxWell South Star Realty
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Feb. 07, 2020 | Gerald Vander Pyl

Canmore's "hotel" condos can provide big benefits for owners who eschew the rental pool

A type of Canmore real estate whose popularity and profitability had plateaued is reaching greater heights thanks to new economic trends.

Hotel-style condominium units in Canmore have seen their rental potential soar thanks to online listing websites like VRBO and Airbnb, providing another vacation-booking option for visitors to the increasingly popular region.

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Nov. 13, 2019 | Barb Livingstone

Alberta's recreational property market could offer attractive opportunities for buyers this winter

Alberta's recreational property market will likely be soft this winter, creating opportunities for prospective buyers.

Elton Ash, regional vice-president for RE/MAX Western Canada, says older buyers have been the recreational market's strength for years, but millennials are growing in purchase numbers.

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Nov. 13, 2019 | Gerald Vander Pyl

Five things to consider when buying a ski-vacation condo

A ski-vacation condo can be a great place for holidays with family and friends, with the added benefit of generating rental income when you're away.

Luckily, ski resorts and mountain towns in B.C. are not subject to vacancy or speculation taxes that have started to emerge in that province, and even buying at a U.S. ski resort is possible with financing through your Canadian bank.

Here are five questions to consider when buying a ski-vacation condo:

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Nov. 13, 2019 | Gerald Vander Pyl

Winter recreation communities around Calgary have much to offer, even for budget-conscious buyers

If you thought owning a winter recreation property was out of reach, think again.

While a RE/MAX survey last winter of western Canadians found that 67 per cent believed they couldn't afford to purchase a ski resort property, that doesn't align with the actual situation.

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May 15, 2019 | Barb Livingstone

Alberta recreational property market could see uptick in activity in 2019

The booming U.S. Sun Belt, a drooping Canadian dollar, and a new speculation tax applied to popular B.C. vacation areas could all benefit Alberta's recreational property market this year.

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Jan. 16, 2019 | Barb Livingstone

Calgarians are still purchasing mountain properties, but buyer demographics are changing

Despite a struggling economy, Calgarians are still buying mountain homes, whether in Alberta's playgrounds of Canmore and Kananaskis, or in nearby B.C. hotspots in the Kootenays and Okanagan.

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Jan. 16, 2019 | Mario Toneguzzi

Market for Alberta recreational properties is alive and well

When the Alberta economy was firing on all cylinders, Albertans were known throughout the country as the one demographic that was sustaining the recreational residential property market in Canada.


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