Over 600 Lakes!

Over 600 Lakes!
Bat Lake - Minden

Sunday, March 4, 2012

Luxury Properties

Haliburton County has seen a rise in luxury properties in the past few years. People have been moving away from other traditional high-end vacation areas and noticing what they can get for their money in the Highlands. Taxes are considerably lower than neighbouring tourist areas. The trade off is the size of lakes. We do not have a Lake Joseph in our County. What we do have is 600 lakes of varying sizes. Our lakes have a wonderful mix of the beginner cottager, the old traditional family cottage, and the beautiful new cottages with spectacular views and amazing water frontages. There are large, grand boating lakes, chains, and quiet, exclusive lakes. In 2011 there were 31 waterfront listings at a price range from between $800,000 and $2,800,000. Through all that choice, there were only 6 sales in that price range. The reason? Buyers do not yet think of Haliburton County as a choice for their luxury vacation property. Some of the properties in our area are outstanding, but we do not yet have a lot of buyers. Time will fix this, but it does show opportunity for Buyers to look at our County now. As more and more luxury properties are being built, there will eventually be more and more on the market. Because we are a "new" area to this specialty market, values will only grow, so a purchase now could provide good gains in the future. Worth considering!

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