Welcome to the Lake

Welcome to the Lake

Monday, April 16, 2018

Is it Spring yet?

April 16th, and Southern Alberta is getting hit with another snow storm today. This winter certainly seems to have drug on longer than average, and we certainly have had an above average snowfall. However, this means that we will have much more moisture to help our grass and trees get growing (whenever the winter decides to take a season off!). Like much of the real estate market in Alberta, perhaps Western Canada, the longer, colder, wetter winter has slowed an already weak market down. Yet, when the weather finally does start to warm up, I feel that the markets are going to get busy. Not 2006-2007 busy, but better. The reason being, people are sick and tired of being stuck indoors and will want to get out and do something. Soak in some sun! Get their boats in the water! Just be outside! In 2017, there were three less sales at Lake McGregor Country Estates than there were in 2016. Average roughly about 10 sales a year, including private sales and MLS sales. According to the Calgary Real Estate Board states, since January 1, 2016, there have been 9 sales reported at Lake McGregor Country Estates, and 5 sales at Little Bow Resort.

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