The Lakelands Real Estate Board released these MLS statistics comparing last years sales to 2017. The table below displays Muskoka's number of listings, number of listings sold, average sale price and average days on market. The second table specifically details waterfront property stats. Please note, these are MLS (Multiple Listing Services) listings only and do not include Exclusive Listings or private sales. The number of properties on the market has decreased each year over the last four selling seasons. The table above illustrates a further decline again in 2018 while prices have gone up due to lack of product. Therefore, according to the ...
MLS Stats Muskoka 2017-2018
March 8, 2019
Muskoka Real Estate Market Report 2018
January 28, 2019
It became obvious as 2018 wound down that the recreational market place was not immune to what was happening on the broader economic front. Throughout 2018 borrowers in the Toronto and area market place were reluctantly pulling in their horns, forced to do so by rising interest rates and borrowing costs, mortgage stress testing, and a 15 percent foreign buyers tax. By the end of the year Toronto and area sales had (on a year-over-year basis) declined by approximately 15 percent and average sale prices were off by more than 4 percent. It is anticipated that 2019 will be a ...
Listing Your Muskoka Cottage Property - Part 2
May 31, 2018
Make an Impact with Your Muskoka Cottage Property Listing Listing your cottage property for sale is one thing, selling it is an entirely different story. There are many key factors that determine the successful sale of your waterfront property and how quickly we can accomplish this goal. Price – ultimately the most important factor when listing a recreational waterfront property is to price it correctly, the first time, for today’s market. Two of the biggest mistakes sellers make when choosing a listing agent are based on which agent suggests the highest list price and who will represent you for the ...
NEW Property Locator App
May 8, 2018Buying Tips Cottages Market News Muskoka Properties My Services Real Estate News Waterfront What's Going On
FROM MUSKOKA JACK - NEW PROPERTY LOCATOR APP Whether you are looking to purchase a Muskoka waterfront property or simply keep track of what is for sale in your neck of the woods this NEW Property Locator App is for you! Real Estate moves fast and in this competitive cottage market, it’s faster than ever. This is why I’m always on the lookout for your perfect property. And, I know you are looking too. Now, searching at your end just got easier and more convenient. I’ve already emailed this link to all my active buyers. In case I missed you ...
Springtime in Muskoka
May 2, 2018
Spring has finally sprung in Muskoka cottage country. Buds are popping, contractors and landscapers are hopping as they ready cottage properties for the season. Muskoka lakes ice is almost gone and while flooding is always a concern this time of year the current levels appear to have been lowered enough to support the melting. Blackflies will be out soon, and they will be hungry. Jack’s rule of thumb - when the trilliums are in full bloom the blackflies are in feeding mode! What’s Going on Muskoka Saturday, May 19th is the official kick-off of MLA summer member events. A Water ...
Muskoka Real Estate Update Spring 2018
April 17, 2018
Muskoka is synonymous with summer and despite the wild winter weather this past weekend - the cottage real estate market has commenced. First, let's look at how the market has changed in the last five years. What's Sold A vacant lot on Lake Rosseau sold for $800,000 in January 2013. In August 2014 it resold for $1.260 million. In November 2017 it changed hands again at $1.8 million. The only change to the property in this last transaction was that site plan work had been completed, some variances approved, the building envelope cleared and a set of architectural plans were included. All ...
Listing Your Muskoka Cottage Property for Sale
April 13, 2018
Important Factors to Consider When Listing Your Muskoka Cottage Property for Sale Selling your lake front vacation home is a major life event. Whether you are upsizing, downsizing or leaving the area, there are many variables to consider when listing your property. Who Best to Represent Your Waterfront Property? What to Look for in a Realtor: Length of Service - When a Realtor states they have “years” of experience. How many years is that exactly? The more time a Realtor has worked in the business, the more knowledge they should possess. It’s equally vital that this “seasoned” agent be ...
2017 MLS Waterfront Real Estate
February 1, 2018
Muskoka Jack - Seasonal Nomad 2017/18
November 29, 2017
Many of you may be wondering where this seasonal nomad is hanging his hat this winter. Believe me, that hat is not a toque! Last year we stayed close to home, spending the winter in the Caribbean. This year we are back in the South Pacific. Based in Fiji for the first three months, then Queenstown, (much akin to Muskoka) New Zealand from January until April. A new addition to my Evolving Bucket List, we are looking forward to exploring this part of the world. We return to Muskoka early April in time to prepare for the 2018 cottage real ...
Help Prevent Resort Over-Development in Muskoka
November 21, 2017
During peak cottage season, our Muskoka lakes are bustling. On weekends from May 24 through till Thanksgiving and week long in July and August. Paddle boarders, kayakers and canoe enthusiasts share the pristine waters with wakeboarders, water-skiers and wake surfers. Muskoka residents, cottage owners, renters and holiday goers at resorts such as Sherwood Inn, Clevelands House and Red Leaves are all enjoying Muskoka cottage life. We know why! Our clean lakes and stunning views are a magnet for visitors from around the globe. Over the years we’ve seen an increase in traffic on the roads and on the lakes. We ...