June 02, 2006

Cottage is the new castle

Cottage is the new castle

It used to be a person's home was their castle. Now that castle appears to be the cottage, especially if it's by the water.

According to a survey released by Royal LePage, which is in the business of buying and selling real estate, the national average price for a Canadian waterfront recreational property, with land access, was $380,507 this spring.

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