100 queen condos. Home buyers are most concerned about mobile phone signals and Internet speed. COVID-19 ‘s epidemic has disrupted many people’s travel plans, and many people have simply moved to holiday areas. Properties in holiday areas across the country have appreciated by 16% in the past year.
The survey found that because many first-time buyers in the resort regard the house as the main residence in their daily life, 33.1% of the first-time buyers are most concerned about the strength of the house receiving mobile phone signals and the speed of surfing the Internet.
‘There are many different considerations for choosing a vacation home, ‘said Pauline Aunger, a property agent in Smiths Falls, Ontario. Most people want to stay away from the hustle and bustle and enjoy the serenity. Although it is extremely important not to be disturbed, few people want to live in a wilderness where they can’t call for help on their cell phones. At present, buyers even require that they can surf the Internet so that they can work from home, keep in touch with their relatives and friends, or watch the latest movies.
Estate agents point out that buyers of holiday homes need to understand that buying a house by the lake does not mean owning the lakeside. The potable water of the house comes from lake water or well water, which not only has different water quality, but also has a direct impact on daily expenses. Because some water supply systems need to maintain temperature, while others require complex treatment systems to filter bacteria. Buyers also need to be aware of local municipal bylaws. Some towns prohibit short-term rental of properties such as Airbnb.
Aug points out that people living in cities and suburbs often never think about preparing their houses for the winter or whether the water from the faucets can be drunk directly.
40% of Ontario vacation home experts believe that the best time to enter the market is spring, but 29% think they should buy a house in autumn; the situation in Quebec is basically the same. British Columbia experts believe that it is suitable to buy holiday homes all the year round.
Anne Leger, a Quebec property agent, says first-time holiday home buyers tend to ignore the maintenance of their second homes, especially septic tanks. The new, old and type of septic tanks have a direct impact on future expenditure. Few buyers understand that the size of the septic tank is linked to the number of bedrooms and that the house must comply with the regulations of the local municipal government.