Properties for Sale in Georgetown, Prince Edward Island, Canada

Real estate in Georgetown

The maritime province of Prince Edward Island in Canada has its own hidden gem that draws the attention of domestic and international home buyers alike—Georgetown. This charming town, nestled within the region's lush farmlands and captivating coastal scenery, is a prime location if you're on the hunt for your dream home or a serene vacation property. With its iconic multi-colored houses, historical architecture, and beautiful water views, Georgetown has earned its nickname "The Colorful Town on the Water". Before you start reaching out to local real estate brokers, it's well worth taking your time to explore what the Georgetown housing market has to offer. Investigate current listings in the area, get to know home styles and pricing, and try to gain a sense of the cost of acquiring a property in this picturesque town. Georgetown, with its blend of rural charm and maritime beauty, could be your perfect Canadian home away from home or your next investment opportunity.

Georgetown properties: Market trends overview

The real estate market in Georgetown, Prince Edward Island, Canada, has seen a constant surge in price growth over the years. This makes it an appealing hotspot for global investors and purchasers, particularly those from the United Kingdom, United States, and Asian countries. Georgetown's unique location along the banks of the Brudenell River presents an attractive mix of a relaxed lifestyle and a vibrant holiday, with numerous leisure centers, golf courses, and a seamless connection to the bustling city of Charlottetown. Georgetown, home to stunning coastal scenery, rich historical significance, and a high standard of living, has seen increased municipal investment in recent years. This has resulted in a wide range of property options for both local and international home buyers, such as contemporary townhouses, apartments, sleek villas, traditional farmhouses, and luxury penthouses. With a varied selection of properties to suit any budget and lifestyle preference, purchasing real estate in Georgetown is an effortless process. This, coupled with the town's quaint, red-brick charm, makes it one of the most attractive locations for foreign buyers in Canada.

Average price of a property for sale in Georgetown

What might be the cost of acquiring property in Georgetown, Prince Edward Island, Canada? The answer isn't concrete due to a variety of influencing factors, such as type of property, its location relative to the historic downtown and local beaches, available features and facilities, as well as individual preferences (like lavish attributes, size, accessibility, etc.). The most recent data reveals that the peak quoted price for properties for sale in Georgetown was approximately CAD 2,500 per square foot. The most costly properties are typically found in the Georgetown Harbour-King's Square area. The most affordable properties, with an average price per square foot of around CAD 1,900, are typically located in the Georgetown Royalty-West River area. The current average list price for a home in Georgetown hovers around CAD 540,000.

Types of properties can you find in Georgetown

Georgetown, Prince Edward Island, Canada provides a spectrum of property types, encompassing condos, luxurious duplexes, high-end waterfront cottages, and traditional Canadian farmhouses. The prime real estate for sale is situated within a secure residential community. Available are 3-4 bedroom condos with expansive balconies and two-story homes. Additionally, each level of these homes possesses its own entrance, accompanied by large balconies and individual kitchens. There's also the option of a modern cottage nestled in a favored location in Georgetown, with stunning views of the sea, a quick stroll away from the beach, and is essentially a dream location to reside in. Just like Mijas, Spain, Georgetown, Prince Edward Island, offers a mix of traditional and modern housing, with an emphasis on luxury and comfort.