With less than 900 lakefront homes within an hour of Metro Edmonton, with a population of 1.3 million people.Secure investment? Do the math.
Wabamun Lake, Lac Ste Anne or Isle lake are fabulous locations for investment purposes, with year-round activities. This area that is right on our doorstep offers an active or relaxing getaway. Here you find lake activities like beach days, fishing, water skiing etc. The days where you are not on the water can be enjoyed in one of our 7 golf courses, pickleball, tennis courts or on one of many available hiking areas. The lake area can give you a relaxing or even a romantic getaway.
Well…. I say invest in a cash-producing lake property. Here are a few tips for you to consider that will make it a great decision. Choosing between one of these three beautiful lakes that lie within an hour of Edmonton may seem like an easy task, let me just say that if your purpose is personal use or vacation rentals when you aren’t using your second home here are a few things to consider:
When it comes to your time for a vacation, simply mark off the peak season days that work best for you. Generally, it requires between $300 to $700 a night on a driving vacation to British Columbia saving you from $3000, - $7,000 on just a 10day holiday when you can enjoy your home that you can arrive within 60 minutes of getting off work year-round. Depending on your home, rentals can be as short as three days to the entire season, and you get you to be in control.
If you have any questions on Investments Properties in Lake county or are looking for local lake experts to assist in the management to ensure a successful long-term investment for you and your family. Call the experts at Edmonton Lake Property.
Lake living offers many benefits for a richly rewarding a life that includes outdoor water and land recreation
Rather than looking at lake living as another piece of real estate, think of it as a lifestyle choice.
Think of your life as an on-going celebration or a healthy indulgence. Celebration and indulgence are
two words that typically don't go together, but you will soon see your life will become a treat to the senses.
No more constant buzz of city life in the background, clean air and more quality friendships will become a part of your life. Reconnect with the stars at night. Those grandkids or grandparents will want to see you more than ever, and they will notice the change in you.
Between the land and water recreation available to you, activities, like sitting on the deck or going for a walk, will become an enjoyable experience. In most lake communities, you will find many recreational options within minutes of your home and, in many cases, within walking distance. If you have an RV or recreational vehicle, your lake property will only add to your lifestyle and on gas as soon may beautiful parks, trails and fishing options are now within easy reach.
Here are just a few of the recreational options open to you:
Many people come for a season and stay for a lifetime. Talk to any lake living senior, and you will understand why.
This is a question you may not need to know the answer right away. My wife and I bought our lake house as a beautiful place to enjoy the summers in 1989, little did we think we would move there one day as a lifestyle preference. This being the 30th year since I made this incredible life-changing decision and manageable investment opportunity. Without the additional equity in our lake house, which we turned that into a Palm Desert, California winter getaway in 2006 (another story) wouldn't have been possible.
Personally, I've blessed with the opportunity to be involved in over 500 lake property sales. The last 8 yrs has given me a bird's eye view into both part-time and full-time lake residents and their experience. One word, in particular, is referenced over and over again, and that word is "lifestyle." After all, what is our life about, it is not making one more sale or one more widget as what we do shouldn't define us, it how we lived, how we enjoyed life, times with our family and to bring another word in it would be "happiness." This is what truly defines us.
Living In a lake country full time or part-time with an easy commute can take the stress and daily routine out of life. If you want the city it less than 50 minutes away.
Lake country provides many opportunities for investment and income and the professionals at Edmonton Lake Property can be there to guide you every step of the way. With over 50,000 visitors a year to our site a portal to sites like AIRBNB and VRBO, we can provide incredible exposure for your rental to ensure maximum profit.
Our staff can advise you right through the process, and we will always be close by with our resources to service your renters both maintenance wise and move In and out inspections.
We provide a full service from ad writing, lease agreements, financial referrals, and we are even able to give co-investors or group partnerships should you not want to go it alone. In lake country, we have a unique 14 week summer season plus Christmas and the May long weekend giving you 16 weeks of high season rental rates. With rates in summer rental areas, it is not uncommon to rent a hotel room for $250 a night.
With a Lake country getaway, you can get a whole home for your family at a comparable rate. Yes, we have restaurants and activities, but providing and preparing a dinner for family and friends on a beautiful deck overlooking the lake is beyond compare.
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