Value of Alberta recreational properties to grow, bucking national trend: Royal LePage

📆 2023-03-28 6:11 PM

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📆 2023-03-28 6:11 PM
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Recreational property values in Pigeon Lake, Wabamun, Lac Ste. Anne, and Canmore are set to rise while others across the country will drop.

Pigeon Lake, about 108 km southwest of Edmonton: $390,000 in 2021; $386,300 in 2022;As a large and popular recreational destination,

Closer to Edmonton, in the Wabamun Lake and Lac Ste. Anne markets, meanwhile, there’s a lack of turnover. Quebec and Ontario, meanwhile, can expect to see the largest recreational property price decreases in 2023, with forecasted declines of eigh per cent and five per cent, respectively, compared to 2022.

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