Buy - Sell - Ontario Luxury Cottages - Lakefront - Waterfront - Lakeview – All Year Around
Luxury Cottages or Luxury Country homes, Luxury Vacation homes is the term used in the real estate industry for recreational properties offering luxury life style living for rich, famous, professionals, and other upper end of the socio-economic group of people in the society. Prices for such homes range from few hundred thousand dollars to multi million dollars.
The price of a luxury cottages varies from cottage country to cottage country and from province to province. In some provinces cottages with quality and high end finishes still can be had for under a million dollar while one will have to pay several million dollars for such a cottage in demand locations of BC or Ontario.
It is not the price that decides the luxury status of the property, rather it is the life style that a property can offer as compared to some internationals measures of luxury. Here below are some measures of luxury accepted by the society for cottage properties:
6.Water shore line
8.Swimming, Boating, Water Sports
9.Seasonal or Year round
10.Climate Hot/ Cold
11.Variation in daily temperature
15.Golf and other Recreational Facilities
19.Peaceful and Quiet Living
24.Use and Access to Technology at the Property
When all things are taken into account, a luxury property can be easily be defined for a specific area. Luxury cottages take more time to buy and more time to sell simply because it is a significantly small portion of the total market.