Photo Galleries Instructions:
(Page Under Construction)
These Photo Galleries will give you an idea of the many features and benefits you get by owning River House Estates. Click on photo to link to a Gallery Page.
River House Exterior
River House Interior
River House Attached Studio Cabin
Ed’s River Garden
Equipment & Tools
Foreign Investors Love Canada
Foreign investors are snapping up resorts, lodges, ski chalets and commercial properties as a drop in the Canadian currency in the past two years means their money buys much more. ($1 = $1.42)
The bargains are especially attractive in Alberta’s resort country, where prices in the energy heartland have fallen with the price of oil, adding to the 25 percent drop in the value of the Canadian dollar since 2013 but there are also great values in British Columbia and most other providences.
It is a great time to invest in Canada now because it’s just a matter of time before Canadian dollar bounces back. The United States and British buyers are returning at levels not seen since the mid-2000s.
Wealthy foreigners are also buying in the ski country in neighboring British Columbia, where Asian money is often credited with buoying the BC market.
Commercial real estate is benefiting as well, with some investors seeing Canadian properties as an attractive alternative to low bond yields and tumultuous equity markets.
Foreign investment in commercial properties in Toronto hit its highest level last year since 2007.
To be sure, some U.S buyers are treading cautiously after snapping up vacation properties in the early 2000s, when the Canadian dollar hit record lows, only to be forced to sell when the global financial crisis hit.
The Americans that own property right now are doing massive renovations – complete tear-downs or re-builds and that’s based on the low Canadian dollar.