Buying that Dream Home on the Ocean: Americans Increasingly Drawn to Canadian Maritimes

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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Top 10 Asian Recipes to Celebrate Fall

As we wind down from our peak vacation season and look toward closing down our seasonal homes for the winter, there’s still time to enjoy our ‘summer places’ with an autumn-themed meal or two.

Here’s a great list from About.com of entrees and side dishes featuring ingredients of the coming fall harvest.

Hit the farm stand, invite the neighbors over and toast the season and toast to next summer as well with a sweet glass of cider. Bon Appetit…or more appropriately, tadakimasu (Japanese), or mànmàn chī! (Chinese).

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Top Viewed Listings for the Week on 2ndhome.net

Here are the top viewed listings on 2ndhome.net for last week.

#1 is a $795,000, 3 bedroom, 3.5 bathroom new construction on 1.5 acres in Fish Creek, Wisconsin listed by Century 21 Door Properties.

#2 is a $679,000 4 bedroom, 4.5 bath home on .35 acres in Freeport, Texas listed by Brannan Realty.

#3 is a $300,000, 3 bedroom condo in Panama City, Panama listed by Think Panama.

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International Deal: Oceanfront property in Newfoundland

Here’s a gorgeous little bungalow sitting on 5.5 acres of oceanfront near Port aux Basques, Newfoundland. This place is full furnished and comes with appliances (dishwasher, stove, refrigerator and washer/dryer). It’s two bedrooms and one bath, and while small, it’s unlikely you’ll find a better deal at only $59,500!

View more at MLS.ca.

The next issue of 2ndhome Journal will feature Newfoundland in our real estate report. We’ll announce here when that issue is available.

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25 Dream Vacation Homes

Phuket, Thailand is first on the list with Shangri-La’s Phuket Resort and Spa. In addition to a 315-room resort hotel, there will be 50 full-owernship villas available along the Bang Tao Bay beach.

Others on the list include Luxuria in Boca Raton, Florida, which has 26 whole-ownership condominiums available in a 10-story oceanfront tower; Yellowstone Club in Big Sky, Montana, the first invitation-only ski-and-golf community, sits on 14,000 acres and offers two- and five-bedroom condos, single family homes, and home lots; the Chileno Bay Club in Cabo San Lucas, a family focused full-ownership private community with 51 villas on 1260 acres; and Spruce Peak at Stowe in Stowe, Vermont, which offers 38 full-ownership cabins, 244 full-ownership condos and 34 fractional units on 35 acres and offers automatic membership to the Stowe Mountain Club.

For the complete list, visit CNN/Money.

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