Values of Haliburton properties have increased year over year, according to the latest RE/MAX 2019 Recreational Property Report. Cottagers hailing from Muskoka are looking to Haliburton as a quieter alternative to the busy recreational market, with the added benefit of lower-priced properties boasting the same amenities. The median price for waterfront properties is up 29 per cent year-over-year, at $550,000. Water access properties are priced at $435,000, while non-waterfront properties are $256,250.
Haliburton market conditions:
- Waterfront properties up 29% year over year
- Non-waterfront properties up 11% year over year
- Seller’s market conditions, due to high buyer demand and lower inventory
Haliburton at a glance:
Haliburton, just south of Algonquin Park, attracts cottage vacationers with its small-town vibe and relative affordability in its recreational property offerings. The region boasts numerous lakes, rivers, natural springs and hiking trails, topped the Haliburton Highlands – a high point on the Canadian Shield with a scenic view. While Haliburton’s economy is dominated by tourism, the region provides a quieter cottage alternative to neighbouring Muskoka.