Alberta Recreation Property Near Big Cities on the Upswing

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Alberta's recreational property values, particularly those near Edmonton and Calgary are on the rise a new market report says.

According to the 2017 Royal LePage Canadian Recreational House Report, recreational properties near the two cities have begun to see their markets turn a corner with slight year over year prices increase so far in 2017.

Average regional prices in Alberta include:

  • Pigeon Lake: $450K for lakefront / $315K for woodland cabin / $236K resort/condo
  • Wabamum Lake and Lac St. Anne: $516K for lakefront/ $242K for woodland cabin
  • Sylvan Lake:  $1M for lakefront property
  • Pine Lake: $600K for lakefront property
  • Canmore: $2.75M for riverside property / $790K for resort/condo property


Edmonton Journal 06/20/2017