Cottage Market Cools: Wind Power Adds Lasting Value

Recent reports from Royal LePage and RE/MAX show Canada’s cottage market is cooling after the pandemic-era surge. Prices in some areas like Peterborough County, Orillia, and Niagara-on-the-Lake have dropped by as much as 20% since 2024, while other regions still expect moderate price increases. Inventory is rising in many cottage country locations, leading to longer times on the market and increased uncertainty for buyers and sellers.

Phil Soper, president and CEO of Royal LePage, notes that after three years of rapid price growth driven by pandemic lockdowns and the shift to remote work, the market is now returning to more typical patterns. However, some buyers are holding back because of economic worries, and short-term rental rules in some areas make investing in recreational properties more complicated.

For current and prospective cottage owners, these market shifts highlight the need to think beyond just property values. One key factor increasingly influencing cottage livability and desirability is energy reliability and cost. Many cottages, especially in remote or rural areas, face challenges with expensive or unreliable grid power. This is where renewable energy solutions like small wind turbines come into play.

At Borrum Energy Solutions, we know that investing in microgeneration technology can help cottage owners reduce energy costs, enhance resilience during grid outages, and appeal to buyers looking for sustainable, off-grid options. With rising inventory and price uncertainty, upgrading your cottage with clean energy both lowers ongoing expenses and adds value in a competitive market.

In a time when the cottage market is stabilizing, focusing on sustainable, reliable energy is a smart way to protect your investment and enjoy your property with greater peace of mind.