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That’s right.  Alberta’s premier recreational and retirement resort

Gleniffer Lake Resort & Country Club

has just one developer lot remaining.

This is a large pie lot (over 353 m2) and fully serviced
with 100-amp power, water, sewer, natural gas and telephone

And the developer wants it SOLD!

So, the price has been slashed from $119,900 to $89,900!

Gleniffer Lake Resort & Country Club is perfectly situated on the shores of Gleniffer Lake, just an hour and a half north of Calgary, 25 kms west of Innisfail in Central Alberta.  Gleniffer Lake is not your typical prairie lake.  At 7.5 kms long and 1.5 kms wide with a depth reaching over 33 m (100 ft), the lake is clean and clear all summer long.  No algae even on the hottest days.  Sailing, water skiing, fishing, swimming and all the water activities you love are available all summer.

There is also a challenging 3,300-yard, 9-hole golf course with water on 8 of the nine holes.  Other amenities at the resort include:

  • Beach
  • Marina
  • Store
  • 13,000 sq. ft. clubhouse
  • Fitness room
  • 3 Swimming Pools (1 year-round indoor)
  • 2 Hot Tubs
  • Tennis Courts
  • Pickleball
  • Restaurant & Lounge
  • Year-Round Water, Sewer & Power
  • State of the Art Water & Sewer Treatment Plants
  • Gated Community

Come and see what all the fuss is about.  Alberta’s secret hidden jewel.  You won’t be disappointed!  To view a few photos, please go to http://bingspics.com/gleniffer-lake-resort/.

And now Gleniffer Lake Resort & Country Club is owned by the residents of the resort!

Call for your tour today.

Bing Fountain, Broker/Owner
DreamScape Realty
(403) 253-7326

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Thinking about a recreational property?  A weekend getaway or a retirement home.  Away from the rat race of the big city yet still close enough to family and friends?  Consider Gleniffer Lake Resort.  Just an hour and a half north of Calgary.

A four season resort.

Give me a call at (403) 253-7326.

Below is courtesy of CREB

Alberta’s recreational property market will likely be soft this winter, creating opportunities for prospective buyers.

Elton Ash, regional vice-president for RE/MAX Western Canada, says older buyers have been the recreational market’s strength for years, but millennials are growing in purchase numbers.

RE/MAX’s 2019 national recreational property survey shows 40 per cent of all Canadians, and 56 per cent of millennials, are in the market for a recreational property – whether it’s for family getaways, outdoor activities and/or investment.

“While millennials have been late-launching, they see the need to become unplugged,” said Ash. “And they are a bigger generation than the Boomers, who, as the wealthiest generation, will be transferring some of that wealth to millennials or their children (Generation Z).”

Ash says Alberta’s downturn has dampened the market, but there’s still investment money available, thanks to the province’s diversification into high-tech industries and cannabis (Alberta has the most retail outlets in Canada and a growing number of production plants).

“There is a tendency to think everyone is in the same boat,” he said. “But this market creates opportunity. If everyone is selling, then you should be buying.”

He says markets like Crowsnest Pass in Alberta and Invermere/Radium in British Columbia (where logging has taken a hit) are full of investment opportunities.

Canmore’s the only Alberta area where the market isn’t suffering, says Ash, because it’s not totally dependent on Alberta buyers. The town saw a six per cent price increase this year, although this is expected to flatten out next year.

“There is a tendency to think everyone is in the same boat. But this market creates opportunity. If everyone is selling, then you should be buying.” – Elton Ash, RE/MAX Western Canada

Rob Stevens, a REALTOR® with Canmore’s RE/MAX Alpine Realty, says Canadians from all over “want to be here,” but there continues to be strong Calgary demand.

Buyers include both retirees and millennials. However, what millennials are buying differs from their boomer counterparts.

“They search for value, with a smaller footprint,” said Stevens. “They question just how much space they need to enjoy themselves.”

Properties include a growing number of condos (starting in the $300,000s for 700 square feet), as well as luxury, single-family homes worth millions of dollars.

Panorama Resort Real Estate’s Paul McIntyre has sold recreational property for three decades and is also seeing younger buyers (many in the 35-40 age bracket) at the popular mountain resort near Invermere.

Sales have increased 25 per cent this year, “with the majority still coming from Calgary and southern Alberta,” he said.

While there are still oil-industry purchasers, buyers from the high-tech sector – some using Panorama as their place of primary residence, since “they can work from anywhere” – are on the upswing.

With everything from one-bedroom condos starting at $100,000 all the way up to luxury, $1-million homes, the area’s property offerings are diverse, and McIntyre says there is growing awareness of Panorama’s reputation as a world-class, four-season resort.

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So, like many people, you like to get away from the city once in a while and unwind.  The question is, should you buy an RV and go camping or buy your own little piece of heaven and own a recreational property?  That is a good question.

For many people, going "camping" is their ideal getaway.  Hitting the open road, finding that perfect spot and settling in for a weekend (or longer) of R & R.  But as time goes on, sometimes the allure isn't what it used to be.

Perhaps you should consider owning your own getaway spot.  Just a few of the reasons you may want to do this are:

  1. Certainty.  It has become increasingly difficult to find a good camping spot without having to leave on Wednesday to get a spot for the weekend.  If you own your own, it is always there waiting for you.
  2. The cost of gas.  Pulling a big trailer or driving a motorhome is expensive.  And the traffic, well........
  3. Make it your own.  When you own your own recreational lot, you can landscape it and decorated it the way you like.
  4. Community.  You will get to know your neighbours and develop friendships, do things together and create a sense of community.
  5. Lifestyle.  Having a place to unwind and "get away from it all" is important to the well being of everyone, including you (and your family).  Decrease stress.  Laugh a little.  Unwind.  It's good for the soul.

Did you notice that I didn't include investment in that list.  There are two types of investment to consider here.  Obviously, there is the financial one and the crash of 2008 hit recreational property along with everything else.  That means it is likely a good time to buy because prices are down.

The second type of investment is mentioned in the list above and that is lifestyle.  Invest in your family, in your peace of mind and yourself.  Invest in memories.

Next week, I will talk about some different options of recreational property, but that is for next week.  For now, have a great long weekend and don't forget to play safe!

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.