Cottage Industry: Invermere, the “best-kept secret” - Macleans.ca

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Brad and Dena owned a vacation spot in Canmore, but sold it after a family tragedy eight years ago. 'We had too many memories there.' Last year, they found a new place in the picturesque town of Invermere, B.C. Then the frenzy began. CottageIndustry

by many different names—cottages, chalets, cabins, camps. But they all share one thing, and that’s the promise of escape. In the last few years, however, the silent grandeuronce only interrupted by the odd speedboat or loon—has been drowned out by sights more common in the world of residential real estate: packed offer days; frantic realtors engrossed in FaceTime tours; tiny towns overtaken by firepit-crazed interlopers. For buyers, the message is quite clear: vacation’s over.

cess of $1 million to simply enter some Ontario markets. In Invermere, British Columbia, prices nearly doubled between 2020 and 2021.adians into the vacation-property market in After a few years, we thought about getting another place, and we kept coming back to Invermere. It had a lot going for it: the water, the mountains and the fact that it was only a three-hour drive from our home in Calgary. We started checking out places in 2016. Homes, condos, cabins—there was a lot of inventory available back then.

 

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