Welcome to the Lake

Welcome to the Lake

Wednesday, May 18, 2016

Spring meeting this coming long weekend

The Community Association for Lake McGregor Country Estate is having their spring meeting this coming weekend. There will be an update on the Community Rules and Regulations, giving clarity to the rules and other documents that have been sent out in the past. There is an outline of some new implementations, and provide a central location for processes and procedures for the community. One of the rules is something that has been adopted by other communities - no For Sale signs. I like this idea, as we have heard over the years when people come out to the lake and see a bunch of For Sale signs, they wonder what is wrong with the place. Tunnel vision gives people the impression that something is wrong with the resort, because it looks like more everyone is selling. That is not necessarily the case. Over the last few years, the market has been soft, especially the recreational property market. The disposable income has not been as high compared to years past. It is not isolated to Lake McGregor Country Estates. Just take a look at the Recreational Properties section of the Calgary Real Estate News. This used to be a full section with many pages of properties being advertised for sale. The last two years, there have hardly been any. Not because there is next to nothing for sale, but because the market has been so bad for sellers. Shoppers would know that other resorts have a higher than average number of properties for sale during these tougher times. Anyhow, the removal of For Sale signs, and just having an online catalogue, or a binder in the clubhouse will make things look much better for the community. Hats off for the members of the Community Association!

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