Newfoundland Vacation Properties In Demand

June 27, 2008 · Filed Under St. John's Real Estate 

Demand for recreational properties in the Newfoundland continues to increase. According to a new Royal LePage report, a standard waterfront-land access cottage will cost you an average of 81 to 112 thousand dollars.   Spokesperson Glenn Larkin says prices have gone up about 10 per cent since last year. Larkin says they are seeing a lot of buyers from Alberta. Larkin says there aren’t many properties available, so he expects a lot of interest in a new development in Deer Park.

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