“I didn't realize I could actually afford a cottage”. I have spent the last few weeks attending local festivals and speaking with people and my biggest takeaway from these conversations is the misnomer that a cottage property is out of reach. Yes, this theory holds true where the million dollar properties on big lake chains are concerned, but with a little compromise and some creative thinking, anyone who is serious about living a cottage lifestyle can find a way to realize the dream.
I don’t know many people who would trust an obstetrician to treat a heart attack. Rather than risk their health, most (if not all) would turn to a cardiologist for the job. The example may seem extreme, but many people continue to take similar risks when buying or selling property with an out-of-area Realtor®.
Despite continued cooling market trends in the GTA, interest in cottage country recreational property continues to grow, with strong demand creating a shortage of inventory. This is in part due to GTA homeowners leveraging the high level of equity in their city homes, and bringing that money north to the Kawartha and Halliburton regions, in search of the cottage lifestyle.
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