july 1, 2011 issue 28

P R E S E N T E D B Y T H E G O L F I T E A M

July 1, 2011 - Vol 29

Rob GolfiSales Representative

www.GolfiTeam.com905-575-7700 or 905-945-0188

Sharon StaffordSales

Representative

Heather ReidSales

Representative

Hans MarcelissenSales

Representative

Wendy Murray-Nicholson*Sales

Representative

Ashley SidlerSales

Representative

Dena ZlatarSales

Representative

Bonnie SpurrellSales

Representative

Have a Great Summer!

MarketWatch July A_MarketWatch_Transfer.qxd 30/06/11 2:01 PM

The GOLFI TEAM Real Estate Market Watch July 1, 2011

www.GolfiTeam.com

Since the inception ofhis career in 1997,Rob Golfi has

recognized that understandinghis clients’ needs is essential toproviding excellent service.

As business grew, Robassembled the Golfi Team in aneffort to maintain the samelevel of professionalism clientshave come to expect. Shortlythereafter in 2003, the teamreceived the prestigious honourof being among the top 100Real Estate Teams forRE/MAX Canada, and thisstatus continues to date.

Rob’s experience andaggressive negotiating skillshave earned him every majorhonour awarded by RE/MAX,including President’s Club,100% Club, Platinum Club,Chairman’s Club, Hall of Famein 2003, the Lifetime Achieve -ment Award in 2006, hisSRES® designation in 2009 andthe Diamond Club Award in2010. Having worked with

many of the industry’sprofessionals over the years, hehas the necessary edge to bestnegotiate the sale of your home.

Any agent can list yourhouse, but Rob’s knowledge,extensive marketingbackground and dedicationgives clients peace of mindwhen dealing with the singlemost important investment intheir lives. With years ofcombined experience, the GolfiTeam can provide your homewith a level of exposure thatmost agents cannot. Utilizing ateam approach also means thatthey will likely find a purchaserto buy your home sooner, ratherthan waiting for other agents toapproach you with potentialbuyers.

Ranked in the top 5 of nearly2,000 sales agents in theHamilton-Burlington and Niagaraareas, listing with Rob and theGolfi Team is the right choicewhen choosing someone torepresent your best interest. -Å

About Rob Golfi

The Solution

Fill in the grid above, so that each row of

9 squares, each column of nine and each

section of nine (three squares by three)

contains the numbers 1 through 9 in any

order. There is only one solution for the

puzzle and the numbers shown can NOT

be changed.

9 78

1 5

3 1 5

5 4 2 6

3 1 25

7 3 56

7 1 4

9 8

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459317 862

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6

Maximum Exposure

Sells Your Home

Call the Golfi Team to get

your Home Sold

905-945-0188

www.golfiteam.comThe GOLFI TEAM is ranked in the Top 100 Re/Max Teams in Canada.

The Golfi Team mails

65,000

copies of the MarketWatch monthly!

There is no better way to expose

your home to the market!

More Buyers…More Offers…

MORE MONEY $$$Ask us How!

Exposure to GTA &

Out of Town Buyers!

MarketWatch July A_MarketWatch_Transfer.qxd 30/06/11 2:01 PM Page 2

Call Today 905-945-0188

July 1, 2011 The GOLFI TEAM Real Estate Market Watch

GrimsBy $599,900

88 Lake StreetIncredible 2300 sqft home faces Nelles Beach &Lake Ontario. This updated home features a newmaple kitchen, granite, travertine tiles, hardwd &bamboo floors, updated bathrms w/designer tiles,family room with fireplace, shingles ‘05, neweaves & facia ’10, furnace & Central air ’07.

Beamsville $339,900

4846 Northgate CrescentThis 2007 home offers 2050 sqft of Beauty.Features 3 lrg BRs, 2.5 baths, computer loft, oakstaircase, Master bedrm w/double walk in closets,luxury ensuite w/soaker tub & separate shower,california shutters throughout, great room w/hrdwdfloors & gas fireplace, & quick access to QEW.

Rob Golfi*

Grimsby, Lincoln & West Lincoln Area

GrimsBy $1,490,000

143 Lake StreetFabulous waterfront property! Custom built3000 sq ft home with Lake views every room.Maple hardwood floors, granite counters, mastersuite with access to back deck, ensuite and walk-in shower. Handicap adaptable!

Beamsville $339,900

4092 Mountain StreetWant quality, this house is for you! This one flrplan incl. $20,000 in extras, California knockdown ceilings, rounded corners, 120 sq.ft. ofhrdwd flrs, upgraded trim package, maple kit,asphalt drv & much more! Approx 1445 sq.ft.similar to be built.

GrimsBy $219,900

24 Kenyon Cres., Unit 43BEAUTIFUL END UNIT! 2 bedroombungalow only 7yrs old. Hrdwd,ceramic flrs &backsplash in eat-in kitchen, laundry hook-up onmain level & professionally finished bsmt w/full2nd bthrm. Quiet sought after complex w/quickaccess to the QEW & new YMCA.

GrimsBy $309,900

35 Victoria TerraceWaterfront with total privacy including pebblebeach. Lots of potential & character! Ideal forsomeone to renovate or tear down for new home.This home includes bright sunroom w/originaltall french doors, living room w/high ceilings &gas fireplace, & vacant lot ideal for an addition.

Beamsville $319,900

5123 Crimson King WayFantastic value in this 4 bedrm 2 storey homelocated in quiet neighbourhood, featuresspacious eat in kitchen with island, dinette withsliding doors leading to private deck and fenceyard. Sunken family rm, partially finishedbasement. Maintenance free front yard.

GrimsBy $234,900

111 Willow LaneEND UNIT TOWNHOUSE! 2 BR Losani builttownhouse w/ceramics & upgraded carpet. Thishome offers great views of the escarpment & anopen concept floor plan. Garage has inside entryinto basement & basement has walk out tobackyard.

WATERFRONT

GrimsBy $749,900

2 Seventh StreetCustom built 5yrs new home, with 125 ft ofLedgerock shore protection and walkdown towaterfront. Beautiful kitchen with granitecounters and built-in stainless steel appliances,pine plank floors, 4 levels of decking, facing thelake. Fully finished basement. Truly a dream!

WATERFRONT

WATERFRONT

WATERVIEW

GrimsBy $749,900

177 Ridge Road 5.19 acres nestled onto the Niagara Escarpment,completely redone top to bottom, inside and out,slate & hardwd flring, new designer kitchen withstylish appliances, in flr heating in bathrm, 70 potlights, patterned concrete porch w/exteriorfireplace.

smiThville $349,900

22 Cherry Ave4+1 Bedroom 2008 home, 2.5 baths with anincredible floor plan & boasts pride ofownership, great room w/showcase fireplace &cathederal ceilings, large country kitchen withlots of cupboards & counter space, & a beautifulfamily neighbourhood. Well worth seeing!

GrimsBy $269,900

446 Main Street WestFabulous ½ acre property backs onto greenspace. 4 bedrm home & 25x35' oversizedgarage/workshop, affordable enough to buildnew or renovate. This home offers new shingles& furnace ‘03, beautiful cast iron fireplace, lotsof parking space, and easy access to QEW.

WesT liNCOlN $324,999

7574 #20 Highway2+1 bedroom fully reno’d with modern kitchen,cherry cabinets, ceramic, cathedral ceilings &family room. Sepaate living & dining room,carpeting in principal rooms. Bathroom haswhirlpool tub. Fully finished basement '06 w/recroom, kitchen, bedroom & laundry. New roof'04, furnace '03.

WesT liNCOlN $328,500

9407 Silver StreetAmazing updated home on 100 x 200 ft lot, builtin 1953, has an open concept living room/diningroom with hardwood floors, huge master suite,New high efficiency gas furnance/CA, updatedmain bath, entry doors, & water conditioner.Bonus room over the garage.

Beamsville $236,000

5126 Conner Drive 2 storey freehold town home 1386 sq ft. Similarto be built. 90 day closing avail. Incl. great sizedBedrooms w/3pc ensuite & walk in closet offmaster, kit w/breakfast area overlooking famrm,attached to neighbouring unit at garage w/accessfrom garage to rear yard, & min to all amenities.

GrimsBy $1,150,000

238 North Service RoadCustom built 2-storey waterfront property withstunning Lakeviews! Gorgeous hardwood floors,master bedroom with walk out to balcony & gasfireplace w/rich hotel style ensuite, soaring 10ftceilings, large designer kitchen w/granite, greatbig windows. Shows like a dream.

Beamsville $649,900

5225 GreenlaneHobby farm, 3.27 accre immaculate apple farmcould earn $30-$45,000 per year. Close to allconveniences. Home features oak trim, 2fireplaces, underground sprinkler system, 2large coolers, sandy soil, close to QEW. Greatopportunity!

GrimsBy $269,900

17-163 Livingston AvenueBeautiful 7 yrs new well kept end unit shows likea dream! Features gorgeous hardwd floors inliving room w/3-sided gas fireplace, gourmetkitchen w/maple cabinetry & breakfast bar.Master bedrm w/ensuite, finished rec-rm w/2 pcbath, fenced yard, close to amenities.

Beamsville $399,900

5158 King Street WestBeautiful century home w/original woodwork,large sun filled porch, country style kitchen, in-law apartment in basement, finished loftw/bathroom, mostly updated vinyl windows,furnace ’05, private landscaped backyard, &oversized 2 car garage, plus more.

Beamsville $241,900

5120 Conner DriveFabulous end unit freehold Bungalow 1,110 sqft!90 day closing avail. Come & visit our modelhome & be wowed on this Energy Guide &Tested Home. Incl great size bedroomss w/3 pcensuite off master, kitchen area overlookingfamily rm, attached to next unit only at garage.

WATERFRONT ESCARPMENT

BUNGALOW


GrimsBy $319,900

8 Marsdale Ave.Spectacular raised ranch with 3+2 bedrooms.$20,000 in landscaping, patio & covered deck.Above ground salt water pool. Updated funace &central air in 04, all newer windows, pool liner,pump, bathrooms & flooring. Large kitchen,open concept living/dining room and large recroom with gas fireplace and office area.

sTONey Creek $424,900

739 Ridge Rd.Extraordinary bungalow sitting on large lotw/incredible view of the city. Features oakkitchen cabinets w/bay window, sunken livingrm w/fp, din rm w/hrdwd flring leading to resortstyle back yrd w/panoramic view, beautifullandscaping & newer shingles (’05).


5 Riviera Ridge Lavish from top to bottom this 2 storey has it all,beautiful updated kitchen w/granite, gorgeoushardwood floors, updated bathroom w/customshower & heated floors, finished basementw/stone work, family room w/cathedral ceilings,& professionally landscaped w/undergroundsprinkler system.

Call Today 905-945-0188


SOLD FOR 99% OF LIST IN 10 DAYS

SOLD TO OUR CASH BUYER

Call The Golfi Team

Today to get your home

SOLD!

*#1 Brokerage in the Realtors Association of Hamilton Burlington MLS from 1994 to 2010 consecutively. **Year End Standings for 2010, based on residential commissions paid. Rankings are compiled from figures submitted by regional offices.

Facts About GOLFIOver 50 Million in Sales Annually**

1 Real Estate Office in Hamilton-Burlington Region*

Top Sales Representative in Ontario*

Golfi Team ranked Top 50 in Canada for **

Golfi Team ranked Top 100 in the world for **

#

O V E R 4 0 0 M I L L I O N I N R E A L E S T A T E S A L E S

2003 2006 201020031998

Call The Golfi Team

Today to get your home

SOLD!hamilTON $299,900

77 Ward AvenueFabulous investment property with an easywalking distance to Mac! Features 6 bedrooms,2 full bathrooms, and 2 kitchens. Appliances areincluded, and students pay for the utilities.Home is in fantastic condition and has beenfreshly painted and cleaned. 3 students want tocome back for next school year.

GrimsBy $219,900

22 Pleasant GroveBeautifully kept 2 storey freehold town housewith open concept main floor, finished basement,newer flooring, 3 bedrooms with lots of closetspace and 2 bathrooms. New carpet and recentlyredone 2nd bathroom. Large deck with 8 personhot tub and private back yard. shingles 2005,central air and central vacuum.

SOLD IN 26 DAYS

SOLD FOR 99% OF LIST


2-618 Barton StreetImmaculate home shows like a dream! Beautifuldecor, hrdwd & ceramics throughout, bright kitw/ceramic backsplash, in-law suite down stairsw/full bath & mini kit, master suite w/walk incloset & ensuite, updated windows & shingles.


Beamsville $329,900

4052 Hixon Street3+1 bedroom bungalow with oversized doublecar garage. Hardwood floors, cathedral ceilingsin living/dining room, large bright kitchenoverlooking landscaped backyard, beautifullyfinished basement with full bathroom, bedroom,den and rec-rm with gas fireplace.

GrimsBy $319,900

22 Farrell DriveCharming 3+1 family home in Grimsby.Spacious family room, hardwood floors, finishedbasement w/plenty of storage, hobby room, mainfloor laundry, central vac, garage door opener,newer roof, updated bathrooms, & alarm system$20 a month. Close to amenities.

smiThville $249,900

30 Anderson CrescentQuiet location. Fantastic 1 storey home awaitsyou. Step inside to a 3 bed home with updatedceramic flooring, roof, lighting, kitchencountertop. Lower level is an entertainer’s dreamw/ games room and rec room. All appliances areincluded and quick closing available.

Beamsville $289,900

5065 Silverbirch LaneBeautiful 3+2 raised ranch! Open conceptkitchen, dining and living room. Kitchen withgranite counters, fully finished basement with in-law set up, large deck with a fully fenced yardand interlock patio. A Must see!


SOLD IN 37 DAYS

SOLD IN 28 DAYS

SOLD FOR 98% OF LIST IN 34 DAYS



Call Today 905-575-7700


Rob Golfi*

Hamilton & Stoney Creek

easT hamilTON $159,900

119 Fairfield Avenue3+1 bdrm home with side drive, garage, &screened in back porch, includes hardwoodfloors, bright white kitchen, freshly painted,living room & a great floor plan. Dry basement,Weeping tiles installed 9 yrs ago and newshingles in 2006. Close to all amenities.


40-2700 Barton Street EastNice & bright end unit townhouse in prime area.Fronts Bow Valley. 3 bedroom, 2 storey,w/formal livingroom, bay window, ceramicfloors in entrance, kitchen & bath., laminatedfloors in living & dining room & halls hardwd inbedrms. Close to amenities & schools.


24 Hildegard DriveBuilt on a quiet street w/open & inviting floorplan. Backs onto escarpment. Brazilian cherryhrdwd flrs, porcelain tiles, gas fireplace,oversized rooms, freshly painted, in-law set-upw/2nd kitchen & bath, mostly updated vinylwindows & doors, & upper level balcony.


85 Bow ValleyImmaculate 3 bedroom with fully finishedbasement. Spacious living room & dining room.Eat-in kitchen has been updated and boastsample counter space & cupboards. Updated vinylwindows, concrete drive & patio in fenced yard.

hamilTON CeNTral $179,900

99 Lottridge StreetRecently updated family home near schools &Ivor Wynne Stadium. Updates Include: kitchen,both bathrooms, roof, furnace, a/c, eaves, recroom, 100 amp on breakers, windows, andceramics. Original hardwood with chestnut inlay.All appliances included!

hamilTON mOuNTaiN $299,900

746 Limeridge Road EastAll brick 25 yr old 3 bedrm home located on aquiet street close to Limeridge mall, Linc &schools. Well maintained & updated: ensuite,walk-in closet, roof (June '11), most windows('10), bathrm ('11), & C/A ('04), beautiful baywindow & skylight ('04). Get inside!!!

hamilTON mOuNTaiN $243,900

22 Kenwood Crescent3+1 bedroom all brick bungalow located nearHuntington park area. Features include updatedkitchen, bath, laminates and ceramicsthroughout, newer windows & doors, furnace’10, eaves, sofit & facia ‘08, and a fully finishedbasement.


1204-500 Green Road Waterfront luxury unit, 3 BR condo withincredible views of Lake Ontario, approx 1400sqft. 2 baths, insuite laundry, beautiful oakkitchen cabinets with ceramic floors, newfurnace 2002, new carpeting, fabulousamenities.


Windemere RoadThe property is private with a Muskoka feel!Park-like grounds. Substantial breakwall, multi-level decking and tremendous unobstructedwaterfront views. Every season a postcard,check it out today and start packing!

WATERFRONT LOT WATERFRONT CONDO


35 Riviera Ridge4+1 bdrm in prestigious loc’n! Fresh paint &crown mouldings. Plus porcelain tile, kulmhrdwd, main flr. den, lrg eat-in kit, livin rm, sep.dining rm & main flr. laun. New shingles (08) &undergrnd sprinkler system.


78-485 Green Road3 bedroom, 2 storey townhome features spaciousmaster bedroom with ensuite & walk-in closet,hardwood floors in living room & dining room &gas fireplace. Property backs onto complex parkwith quick access to QEW. Available forimmediate possession! Act now!


136 Green RoadIncredible home sitting on a beautiful treed lot,most updates in 2002, great big sunny bedroomswith master bedroom on main floor with ensuite,country style kitchen overlookd back yard,finished high & dry basement with 3pc bath, newfurnace, concrete drive, Close to all amenities.


196 Weir StreetGreat starter home! This cute bungalow is nicelydecorated, with an updated kitchen, newerwindows, furnace, c/air and roof. Good sizedkitchen, large deck from kitchen, and doubleparking in rear. Shows well, Act Now!

hamilTON mTN $229,900

#1, 1809 Upper Wentworth St.WOW! Fantastic 2 storey condo townhouse.Open concept main floor living with hardwood.Bedroom level has large master suite w/dblecloset, ensuite bath and 2 add'tl bedrms. Lowerlevel has beautifully finished recrm & laundry rm

BiNBrOOk, ON $289,900

266 Fall Fair Way3 bedroom Branthaven townhome on premiumcorner lot in Binbrook Fairgrounds. Eat-inkitchen w/ceramics, hrdwd in LR/DR w/walkoutto deck, beautifully landscaped yard, finishedbasemt w/soundproofed theatre room completelywired for enhanced surround sound. Just move in!


12 Arthur Avenue SouthFully renovated, 3+1 bedroom home or 2+1w/extra main floor room for potential homeoffice/daycare. 2 new bathrms, huge kitchen,updated shingles ('11), windows ('11), furnace &central air (under 5 yrs), 100 amp breakers,double rear drive, and fenced yard.


29 Barnesdale Ave. SouthBeautiful large family home. Excellent possibleincome w/3rd floor, apartment ($550 Inc.)Complete w/steel fire escape & separateentrance. Quality vinyl windows, originalhardwood, cement side drive for 3 cars. TLCwill make this beauty shine!

hamilTON mTN $176,900

606 Fennell Ave. East4 bedroom, 1-1/2 storey home with hardwoodfloors. Oversized single car garage. Needs someTLC. Great price, great location. Close to allamenities. Immediate possession available. Callus today at 905-575-7700.


131 Memorial AvenueUpdated 3 bedroom home in desirable location.Updates in last 3 yrs include kitchen,furnace/A/C, basement, pool liner, breakers,lighting, flooring (laminate, some carpet) garagedoor & more. Enjoy the pool in the backyard w/a covered patio.

Call the Golfi Team today to

Get Your Home

SOLD!905-575-7700


Call Today 905-575-7700


Home Staging: Is It Worth It?by: Sheri Gamble

Details Event Coordination Inc.

Prospective homebuyers make adecision 15 seconds withinwalking into your home as to

whether or not they are interested in mak-ing an offer. First impressions are thebiggest impressions.

Home staging has become the secretweapon savvy real estate agents areusing.

While staging is certainly aboutdecluttering, depersonalizing and rear-ranging the furniture, it also can includepainting, carpeting, landscaping andredecorating. Regardless of the amountof staging you do, it can make a signifi-cant difference in how quickly and forhow much your home sells.

Home stagers will make your houseappeal to the widest variety of homebuy-ers. Prospective buyers want to envisionthemselves living in the home. Stagersare experienced to know what looks bestand will provide new and creative ideasfor getting your home sold fast. Theywill provide you with honest information

about what needs to be done, changed orrepaired.

Stagers have many tricks! They cansimply move a piece of furniture fromone spot to another and create a totallydifferent look and feel of the room. Thestager understands why change is impor-tant and can provide “quick fix” recom-mendations. One impact piece of décorcan totally transform a room into a freshand inviting environment.

Stagers will work within your budg-et to create the best “first impression” forprospective homebuyers. Make yourwisest investment and call a home stagertoday!

Sheri Gamble and Gwen Kennedyare Home Stagers and Event Plannerswith Details Event Coordination. Theycan be reached at 905.632.2602 or viaemail at [email protected] [email protected].

Visit their website at www.detailseventco.com.

Rob Golfi*

Commercial Property

Beamsville $399,900

5532 King StreetZoned light industrial, consists of building plus4 Bedroom century home sitting on approx 3acres located on Regional Rd 81 on wine route,with good traffic. Property has 6000 sq.ft steelframe building on concrete slab with 2washrooms, 220 volts.

Beamsville $1,199,900

4485 King StreetOver 700 ft of frontage on Niagara's busiestwine route. 26.6 Prestigious acres on the lowerbench with over a 20ft fall from front to back ofproperty. Property consists of a large barn with 2cold storages, heated workshop and parkingarea. 3 residential detached homes on property.

Beamsville $235,000

4993 King StreetDowntown core storefront with large window,front and back entrances can suit 2 businesses or1 large one. Rear parking and municipal lot.New furnace, 2pc bath. 1800 sq ft of businessspace with GC zoning, plus 2 bedroomapartment on upper level.

Beamsville $259,900

4498 Ontario StreetIdeal for Home Business. Impressive 4bedroom, 4 level back split sitting on 60' x 150'lot. Features hardwood floors, updatedwindows, shingles ('06), furnace ('03), garagedoor & opener ('08), 2 fireplaces, walkout fromlower level, 20' x 22' garage.

SOLDSOLD

ANOTHERANOTHER

ONEONE

Home evaluationNo Cost or Obligation

Call Rob Golfi today!

MenusOnly.com is an online restaurant menu guide

connecting you with great restaurants in the

Hamilton and Burlington areas. Browse through

restaurant menus, view pictures of restaurant dining

areas, patios, and menu items, and print local restau-

rant coupons all in one place. MenusOnly.com –

a perfect dining experience starts here.

Try a Fresh CoatOften overlooked for the dramatic effect it can have on any living

environment, RE/MAX has learned that simple repainting of walls givesyou a 29% return on the dollar over the average. Whether you go neutralwith splashes of colour or warm and dramatic, trends for 2003 include amix of strong colours, mixed with nature inspired neutrals -- energycolours like orange, aqua, sage and blue, along with neutral palates lean-ing toward bisque, fawn, gray and walnut.


Greater affordability, increased selection, andpent-up demand also key factors in 2011 season.

Mississauga, ON (June 13, 2011) —Canada’srecreational property market is gaining serious trac-tion as savvy purchasers take advantage of idealconditions, setting the stage for what is expected tobe the best market in recent years, according to areport released today by RE/MAX.

The 2011 RE/MAX Recreational PropertyReport, examining sales and trends in 46 marketsacross the country, found that substantial equitygains and recovering stock portfolios in major cen-tres have contributed to an upswing in demand fromcoast to coast. Demand rose in 78 per cent of mar-kets, while sales were up or on par in 41 per cent ofrecreational centres. Inclement weather, including alate thaw and an abundance of precipitation, result-ed in a slow start in many areas, but should be off-set by stronger peak season activity. While startingprices have remained relatively stable across theboard, there are deals to be had in virtually everyregion – especially at the top end. Luxury sales, asa result, have climbed in almost half of the marketsexamined. Inventory levels are healthy throughoutthe country, although there has been some tighten-ing reported at entry-level price points in about one-third of markets. Some of the best selection of prod-uct in recent years is now available.

“Buyers who held off during the recession are

back in recreational property markets from coast-to -coast,” says Pamela Alexander, CEO, RE/MAXOntario-Atlantic Canada. “Their patience has beenrewarded with more affordable recreational valuesand greater inventory levels. It’s the perfect storm,as ideal market conditions dovetail with wealthrecovery.”

The report also found that Americans are cash-ing out—especially in Ontario and Atlantic Canada.For many, the timing has never been better. The vastmajority purchased in Canadian markets when thedollar fell to 65 cents. These sellers are now takingadvantage of price appreciation and the currencyexchange.

In British Columbia, the recreational propertyreport identified prices at or near bottom. Astutepurchasers—many of whom were scooping upproduct south of the border—are starting to cherrypick in markets where oceanfront prices are downfrom peak, pre-recession levels. Softer values havedriven up sales in Western Canada, with transac-tions up or on par in 58 per cent of markets, wellahead of the national average.

“Opportunities that haven’t been seen in yearsare now presenting themselves, especially on theWest Coast,” says Elton Ash, Regional ExecutiveVice President, RE/MAX of Western Canada.“Prices are down as much as 20 per cent from peaklevels reported in 2006-2007, bringing ownership

within reach to many potential purchasers. Thestrengthening oil sector has also brought Albertansback into mix, driving demand for both local andcoastal B.C. properties. 2011 could be the turningpoint.”

In markets in Ontario, Quebec, and AtlanticCanada, the supply of recreational property hastightened considerably at the lower end, with poten-tial price increases in store by year-end if momen-tum continues at the current pace.

At present, 50 per cent of markets offer recre-ational product at $350,000 or less, including mostOntario markets, Atlantic Canada, the Laurentiansand three markets in the West—Lake Winnipeg,Canmore and Harrison Lake. Yet, even greater valueexists for those willing to compromise on lot, loca-tion or type of access, such as riverfront, view prop-erties, condominiums, fractional ownership or boataccess options.

“With overall economic performance improv-ing daily and consumer confidence rising, the resur-gence of Canadian recreational property markets isa natural progression,” says Sylvain Dansereau,Executive Vice President, RE/MAX Quebec. “Anupswing in discretionary spending is once againdrawing purchasers to what is, without question, aninnate Canadian pastime.”

The report noted that the composition of thecountry’s recreational destinations continues to

evolve. Fewer traditional cottages are available for

sale than in years past. As the desire for the year-

round lifestyle continues to drive renovation and

new construction activity, these waterfront proper-

ties are disappearing from the landscape.

Meanwhile, today’s average recreational getaways

are truly earning the distinction as the “home away

from home,” with many of the bells, whistles and

comforts of their residential counterparts. The

movement is challenging local municipalities to

manage the delicate balance between regional

growth and natural preservation—in some

instances, changing recreational migration patterns

in the process.

RE/MAX is Canada’s leading real estate

organization with over 18,500 sales associates situ-

ated throughout its more than 700 independently-

owned and operated offices in Canada. The

RE/MAX network, now in its 38th year, is a global

real estate system operating in 80 countries, with

over 6,200 independently-owned offices and over

89,000 member sales associates. RE/MAX realtors

lead the industry in professional designations, expe-

rience and production while providing real estate

services in residential, commercial, referral, and

asset management. For more information, visit:

www.remax.ca.

www.GolfiTeam.com


Stage is set for One of the Best Recreational PropertyMarkets in Years, says RE/MAX

RE/MAX RECREATIONAL PROPERTY REPORT 2011 STARTING PRICES FOR RECREATIONAL PROPERTIES1

Market 2008 2009 2010 2011 NEWFOUNDLAND & LABRADOR:Newfoundland Coast (East)2 $95,000 $97,500 $105,000 $105,000 NEW BRUNSWICK:Shediac Bay2 $200,000 $200,000 $230,000 $450,000 - $500,000 NOVA SCOTIA:Sydney n/a n/a n/a $279,000 South Shore, Lunenburg2 $200,000 $230,000 $230,000 - $240,000 $230,000 - $240,000 PRINCE EDWARD ISLAND:South Shore/North Shore2 $250,000 $300,000 $300,000 $300,000 - $350,000 QUEBEC:Eastern Townships n/a n/a $450,000 $450,000 The Laurentians n/a n/a $175,000 $175,000 ONTARIO:Lanark Highlands n/a n/a n/a $250,000 Barry’s Bay/Combermere n/a n/a $200,000 $300,000 Bancroft/Coe Hill $225,000 $260,000 $235,000 $265,000 Apsley n/a $375,000 $400,000 $389,000 Kingston $179,900 $250,000 - $270,000 $290,000 $300,000 Prince Edward County $295,000 $200,000 - $250,000 $200,000 - $250,000 $300,000 West Kawarthas $410,000 - $450,000 $400,000 $400,000 $450,000 East Kawarthas $150,000 $195,000 $225,000 $300,000 North Kawarthas n/a n/a n/a $250,000 Lake Simcoe/Lake Couchiching:

Beaverton $350,000 $300,000 $375,000 $300,000 Lagoon City $300,000 $300,000 $300,000 $300,000 Innisfil to Oro $480,000 - $520,000 $500,000 $520,000 - $530,000 $520,000 - $530,000 Orillia $425,000 $425,000 $430,000 $440,000

Flesherton $450,000 $400,000 $389,000 $400,000 Georgian Bay:

Wasaga Beach3 $550,000 $525,000 $570,000 $640,000 Midland/Penetang/Tiny/Tay $600,000 $500,000 $550,000 $500,000 - $600,000 Collingwood $650,000 $390,000 - $550,000 $600,000 $600,000 Honey Harbour/Port Severn $400,000 $400,000 - $425,000 $450,000 $450,000

Muskoka/Haliburton: Haliburton $275,000 $240,000 - $350,000 $350,000 $325,000 Huntsville, Lake of Bays $299,000 $300,000 $300,000 $300,000 Bracebridge, Gravenhurst $400,000 $350,000 - $400,000 $325,000 $325,000 - $350,000 Bala/Port Carling $500,000 - $550,000 $450,000 $450,000 $500,000 - $550,000

Parry Sound $180,000 $185,000 $219,900 $225,000 Elliot Lake $225,000 $225,000 $215,000 $215,000 Lake Huron:

Sauble Beach/Bruce Peninsula n/a $350,000 $350,000 $350,000 Port Elgin/Southampton $500,000 $450,000 $450,000 $450,000 Grand Bend $350,000 $400,000 $425,000 $475,000

MANITOBA:Lake Winnipeg $250,000 $300,000 $250,000 $280,000 SASKATCHEWAN:Last Mountain Lake / Qu’Appelle Lakes $300,000 $300,000 - $350,000 $400,000 $400,000 - $500,000 ALBERTA:Sylvan Lake $1,250,000 $1,125,000 $1,200,000 $800,000 Canmore4 $320,000 $295,000 $270,000 $229,000 BRITISH COLUMBIA:Okanagan Valley:

North Okanagan/Shuswap $1,500,000 $1,200,000 $1,150,000 $995,000 South Okanagan $1,000,000 $800,000 $800,000 $800,000

Fraser Valley: Cultus Lake $750,000 $450,000 $800,000 $800,000 - $1,000,000 Harrison Lake n/a n/a n/a $350,000 - $400,000

Vancouver Island: Tofino2 $869,000 $789,000 $875,000 $825,000 Ucluelet2 $649,000 $555,000 $499,000 $529,000

Comox Valley/Mt. Washington2 $480,000 - $800,000 $500,000 $475,000 $400,0004 - $700,000 Whistler5 n/a n/a $799,000 $700,000 Gulf Islands: Salt Spring Island2 $1,300,000 $890,000 $750,000 - $800,000 $669,000

Source: RE/MAX 1 Starting price for a three-bedroom, winterized recreational property on a standard-sized waterfront lot 2 Oceanfront property 3 Beachfront property 4 Two-bedroom condominium 5 Mountain chalet


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july 1, 2011 issue 28

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