Summer 2019 and the Start of Winter

It has been an interesting year at Lake McGregor Country Estates in 2019.  Owners who are not staying at the resort are getting their units winterized, if they have not already.  We have seen some sales at the resort, which is positive.  Park models on their own lot have been selling for as low as $81,000 and as high as $135,000.  Four of these sales were reported on the Calgary Real Estate Board, and I believe that there were a couple of private transactions as well.  There was a cottage that had been on the market for a few years that finally sold around the $250K to $260K mark.  A couple more sold, one almost $50K below list price.  The trend is that it is still a buyer's market.  Those sellers that are holding out for more money, may end up holding on to their properties longer than those willing to make a deal and move on.  On the maintenance end of things, the resort is looking well.  There is even work happening on the indoor pool!  That will be great when that is up and running again!  There has been a house moved on to an interior log.  I think that our recent wet weather has delayed the completion of the setting up of the house, but it is still nice to see progress. The Canada Day parade was a success again this year, and I hear that the kids were happy with Halloween in July.  Along with boat poker and a wake boarding competition, there was plenty going on at the lake.  We all are looking forward to an even better season next year!