Buying a home on PEI is a dream for many, and it’s easy to see why—coastal charm, scenic beauty, and a slower pace of life make it a truly special place to live. But before you make an offer, it’s important to understand the unique aspects of real estate on the Island.
Whether you’re relocating, investing, or buying your first home, here’s what every buyer should know.
1. Property Types and Zoning Can Vary Greatly
In PEI, property types range from in-town homes to rural acreage and waterfront cottages. Here are a few key differences:
Waterfront properties may require additional setbacks or environmental assessments.
Duplexes with no condo fees often rely on informal agreements for shared maintenance—like roofing or driveways—so communication with the other owner is key.
Rural zoning varies by municipality (or lack of one), so always check with the province or local planning authority if you’re unsure what’s allowed.
👉 Tip: Always confirm zoning and usage rights before buying land or a home with outbuildings.
2. Wells, Septic Systems & Permits Are Common
Many PEI homes outside urban centres rely on private water and sewer systems. Here’s what to ask:
Is the water from a drilled well or shared source?
When was the septic system last pumped or inspected?
Are there permits for any additions, garages, or sheds?
These systems can work perfectly for years—but inspections are critical for peace of mind and long-term value.
3. Understand Local Closing Costs
PEI has relatively low closing costs, but there are still a few things to plan for:
Land transfer tax: 1% of the purchase price
Legal fees: Budget for a local lawyer
Survey/Property Inspection: Highly recommended, especially for older or rural homes
Be sure to work with a PEI-based real estate lawyer and home inspector who understands local requirements.
4. Work With a Local Expert
The PEI market is different—small, relationship-driven, and often fast-moving. As a full-time REALTOR® who lives and works here, I help buyers:
Spot potential issues before making an offer
Understand neighbourhood dynamics
Secure strong deals even in competitive markets
Whether you're looking for a Summerside family home, a Montague cottage, or land in the countryside—I’ll guide you through every step.
Ready to Find Your Perfect PEI Home?
Let’s talk about your goals and what you’re looking for. I’d be happy to answer questions and help you navigate the local market with confidence.
👉 Contact me today to get started.
