Despite a slowing in the rate of price increases of oceanfront vacation homes in the U.S., more Americans each year are turning north and east to the Canadian Maritimes seeking the perfect vacation retreat.

If you are driving to many points in the Maritimes from major east coast cities, depending on your start and end points, you are in for a long drive. This has not deterred intrepid individuals and families from making the trek. Why?-because there is a whole lot of beauty, tranquility and friendliness waiting at the other end. But the clincher, for many who have sought and found their dream spots on the water in Prince Edward Island, New Brunswick or Nova Scotia is the price. It’s simply no contest between the price/value equation of property and vacation homes on the east coast of the U.S. versus any of the Maritime provinces. While some areas are more desirable and pricey than others in eastern Canada, the price differences between comparable properties in the U.S. and Canada are striking. This holds true despite the recent fall in the value of the U.S. dollar to the Canadian dollar (for the first time in 30 years, the Canadian dollar is trading higher then the U.S. dollar).

Interested in learning more about the winning combination of enchantment and money saving available on your dream vacation property in the Maritimes? There’s plenty more about it in this article from the New York Times.

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Filed under: Buying, International, Local, Vacation Homes